TUPELO, Miss., April 30, 2018 /PRNewswire/ -- Today,
Renasant Corporation (NASDAQ: RNST) (the "Company") announced that
C. Mitchell ("Mitch") Waycaster is officially Chief Executive
Officer of both the Company and Renasant Bank (the "Bank") as of
May 1, 2018. Waycaster will
retain his title of President for both the Company and the Bank,
and, E. Robinson McGraw, immediate
past Renasant CEO, will become Executive Chairman for both the
Company and the Bank. As Executive Chairman, McGraw will continue
to be involved in strategic planning, investor relations, mergers
and acquisitions, and providing guidance and board level oversight
for the Company.
In addition, Kevin D. Chapman,
Renasant's Chief Financial Officer, will add the title and duties
of Chief Operating Officer to his position while retaining his
responsibilities as CFO.
"In accordance with our company's previously announced
succession plan, it is with full confidence and great enthusiasm
that the board and I pass the leadership torch to Mitch as our new
CEO and Kevin as our new COO. Renasant is in very capable hands
with these gentlemen at the helm, and we believe their proven
leadership will help guide Renasant in continuing to be one of the
best companies in the southeast," said McGraw. "On behalf of our
shareholders, board and associates, we congratulate Mitch and Kevin
on their well-deserved promotions and look forward to working with
them in their new leadership roles."
About C. Mitchell
Waycaster: Waycaster was named President and Chief
Operating Officer of Renasant in January
2016, and had served as senior executive vice president and
Chief Administrative Officer since 2007. Prior to being Chief
Administrative Officer, Waycaster, who joined Renasant in 1979,
held various leadership positions within the Company and the Bank,
including President of Renasant Bank's Mississippi Division,
Executive Vice President of Retail Banking, and Senior Vice
President and Chief Credit Officer.
Waycaster received his Bachelor's degree in business
administration from the University of
Mississippi. He is a graduate of various financial services
schools, which include the American Bankers Association Stonier
Graduate School of Banking at the University
of Delaware, and the National Compliance Schools at the
University of Oklahoma and the
University of Colorado. He is also a
graduate of the Mid-South School of Banking at the University of Memphis and the Tennessee Commercial
Lending School at Vanderbilt
University.
Waycaster currently serves his community as a member of the
CREATE Foundation board of directors, as a board member of North
Mississippi Health Services, North Mississippi Medical Center,
North Mississippi Health Services Foundation, and as a board member
of the Yocona Area Council of the Boy Scouts of America. In
addition, Waycaster serves on the board and as vice president of
the Japan America Society of Mississippi and as the Honorary Consul of
Japan for Mississippi.
Waycaster and his wife, Christy, have raised three children and
have two grandchildren. They reside in Tupelo and are active members of First Baptist
Church.
About Kevin D. Chapman:
Chapman has been CFO and an Executive Vice President for the
Company since January 2011, and
Corporate Accounting Officer of the Company since May 2006. He has also served as Senior Executive
Vice President and Chief Strategy Officer of Renasant Bank since
January 2011. In his new role,
Chapman will continue to be responsible for corporate strategy,
financial and treasury functions and the day-to-day operations of
the Company.
Chapman has worked in the financial services industry for more
than 20 years with experience that includes initial public
offerings, capital markets, mergers and acquisitions, capital
raises, investor relations and corporate strategy. Prior to
Renasant, he served as Corporate Controller for a large regional
bank and as an accountant with Ernst and Young in Birmingham, Alabama.
Chapman received his M.B.A. and B.S. in Accounting from
Troy University. He is a licensed
C.P.A. in the state of Alabama.
Chapman is involved in many community and non-profit organizations
and is currently a board member of the Yocona Area Council of the
Boy Scouts of America, treasurer of the United Way of Northeast Mississippi, and a board member of
the North Mississippi Symphony Orchestra.
A Florida Panhandle native,
Chapman is married to the former Tammy
Thompson, and they have five sons. The Chapmans reside in
Tupelo,
Mississippi.
ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a
114-year-old financial services institution. Renasant has assets of
approximately $10.2 billion and
operates 180 banking, mortgage, and wealth management offices in
Mississippi, Tennessee, Alabama, Florida and Georgia.
Contact:
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For
Media:
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For
Financials:
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John
Oxford
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Kevin
Chapman
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Senior Vice
President
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Executive Vice
President
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Director of
Marketing
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COO &
CFO
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(662)
680-1219
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(662)
680-1450
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joxford@renasant.com
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kchapman@renasant.com
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SOURCE Renasant Corporation