ServisFirst Bank Announces Retirement Of Founding Chief Financial Officer, William "Bud" Foshee; Kirk Pressley Appointed As CFO Successor
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ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announced the retirement of its founding CFO, William 'Bud' Foshee, effective after the filing of the Form 10-K in February 2024. Kirk Pressley, former CFO of BBVA Compass Bancshares, has been appointed as Foshee's successor. The bank expects a seamless transition due to Pressley's extensive experience in larger organizations.
November 02, 2023 | 12:59 pm
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ServisFirst Bancshares announced the retirement of its founding CFO, William 'Bud' Foshee, and the appointment of Kirk Pressley as his successor. This could potentially impact the company's financial strategies and operations.
Changes in key management positions, such as the CFO, can have significant impacts on a company's operations and strategies. However, the company expects a seamless transition due to Pressley's extensive experience, which could mitigate potential disruptions.
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