FOR IMMEDIATE RELEASE:
Planters Bank Announces Retirement and Promotions
“With the implementation of our strategic management succession plan, Planters Bank enters 2018 ready to capitalize on and develop new opportunities for service to our expanding market region,” stated Planters Bank Chairman and CEO Jimmy Clayton. In conjunction with this plan, Planters Bank announced that Alan Hargett is assuming the role of President and Chief Operating Officer, replacing long-time executive Randy Randall, who has served in that role since 2003. The bank also announced that Jim Quinn is assuming the position of Executive Vice President and Chief Credit Officer for the bank stepping into the post formerly held by Hargett.
While Randall is retiring from his current post, he will continue to serve as President of Planters Holding Company and as a member of the Bank’s Board of Directors. He will also remain in a consulting role, providing continuity and support.
“Randy’s customer-focused leadership has guided Planters through an unprecedented period of expansion and success,” Clayton noted. “Looking to the future where both challenges and opportunities abound, we expect that singular customer focus to form and shape our growth as we head toward the year 2020, when Planters will celebrate its 100-year anniversary as an institution of immense strength and vitality supporting our region.”
A native of Ruleville, Hargett began his banking career with Planters as a management trainee in the Planters Indianola office in 1989 the same year he earned his Bachelor’s degree from Mississippi State University. Subsequently, he became a commercial lender before being named President of Planters Ruleville office. He was later promoted to Chief Credit Officer for the bank, responsible for the oversight of lending and credit functions during a period of time when the bank grew dramatically. A member of the Planters Board of Directors, Hargett also serves on the board of the Mississippi Bankers Association and served on the American Bankers Association Agriculture and Rural Banking Committee. He is a member of the Indianola Rotary Club and serves as a Deacon of the First Baptist Church of Indianola. He is a former board member and officer of the Indianola Educational Foundation. He and his wife Leigh are the parents of two sons, Luke and Maddox.
A native of Greenwood, Jim Quinn received his Bachelor’s degree from Mississippi State University and joined the bank in 1999 as Vice President of the Greenwood office before becoming President of the office in 2011. A former president of the Pillow Academy Board of Directors, Quinn is an active member of the Greenwood community, and serves as an elder for the First Presbyterian Church of Greenwood. He and his wife Beverly are the parents of a daughter, Madison Quinn, and a son, Grayson.
As the new head of Planters credit department, Quinn will transfer to the Indianola office. “While I’ll miss working with the outstanding staff of the Greenwood office, I’m very excited to take on these new responsibilities,” Quinn noted. “I’ve seen under Randy’s and Alan’s leadership roles Planters lending platform has provided a vibrant engine of growth for our market area, and I look forward to continuing that growth.”
Randall, who this year will observe his 40th anniversary as a member of the Planters team, is a native of Sunflower County who received his B.S. from Mississippi State in 1975. His banking career began that same year with Sunburst Bank in Greenwood where he served for three years before joining Planters in 1978. He served as President of the Planters Indianola office for many years before becoming President and COO of the system in 2003. During Randall’s tenure as President and COO, the Planters banking system grew in size to a one billion dollar institution with a team of 225 employees serving 13 communities in the Delta and northwest region of Mississippi. The bank is currently ranked as the ninth largest financial institution in Mississippi. Active in the banking industry, Randall has served on Board of Directors of the Mississippi Bankers Association and as Trustee for the Graduate School of Banking at LSU. Randall has also been a devoted civic and community volunteer serving numerous projects and organizations. He and his wife Nan are members of the First United Methodist Church of Indianola and are the parents of two daughters, Catherine Fandel and Sarah Nan Donahoe.
“It’s been an honor to serve this community and the Planters region,” Randall noted. “I believe the growth of Planters is a reflection of our exemplary staff as well as our continued commitment to quality service, and I’m pleased to be part of that ongoing story.”
Clayton agreed, noting, “At Planters, we’ve never rested on our laurels, and these new management changes ensure that we won’t rest in the new era ahead as we approach our centennial year in 2020 with an emphasis on strength and stability as well as innovation. We will maintain our focus on personalized customer service, even as we realize an overall vision for growth and prosperity in our region.”
Founded in 1920 in Ruleville, MS, Planters Bank has grown to a region-wide banking system, with assets in excess of one billion dollars, serving 13 communities in 19 locations, as the bank of choice for customers across Mississippi and the region.
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FOR IMMEDIATE RELEASE:
Planters Bank Announces Retirement and Promotions
“With the implementation of our strategic management succession plan, Planters Bank enters 2018 ready to capitalize on and develop new opportunities for service to our expanding market region,” stated Planters Bank Chairman and CEO Jimmy Clayton. In conjunction with this plan, Planters Bank announced that Alan Hargett is assuming the role of President and Chief Operating Officer, replacing long-time executive Randy Randall, who has served in that role since 2003. The bank also announced that Jim Quinn is assuming the position of Executive Vice President and Chief Credit Officer for the bank stepping into the post formerly held by Hargett.
While Randall is retiring from his current post, he will continue to serve as President of Planters Holding Company and as a member of the Bank’s Board of Directors. He will also remain in a consulting role, providing continuity and support.
“Randy’s customer-focused leadership has guided Planters through an unprecedented period of expansion and success,” Clayton noted. “Looking to the future where both challenges and opportunities abound, we expect that singular customer focus to form and shape our growth as we head toward the year 2020, when Planters will celebrate its 100-year anniversary as an institution of immense strength and vitality supporting our region.”
A native of Ruleville, Hargett began his banking career with Planters as a management trainee in the Planters Indianola office in 1989 the same year he earned his Bachelor’s degree from Mississippi State University. Subsequently, he became a commercial lender before being named President of Planters Ruleville office. He was later promoted to Chief Credit Officer for the bank, responsible for the oversight of lending and credit functions during a period of time when the bank grew dramatically. A member of the Planters Board of Directors, Hargett also serves on the board of the Mississippi Bankers Association and served on the American Bankers Association Agriculture and Rural Banking Committee. He is a member of the Indianola Rotary Club and serves as a Deacon of the First Baptist Church of Indianola. He is a former board member and officer of the Indianola Educational Foundation. He and his wife Leigh are the parents of two sons, Luke and Maddox.
A native of Greenwood, Jim Quinn received his Bachelor’s degree from Mississippi State University and joined the bank in 1999 as Vice President of the Greenwood office before becoming President of the office in 2011. A former president of the Pillow Academy Board of Directors, Quinn is an active member of the Greenwood community, and serves as an elder for the First Presbyterian Church of Greenwood. He and his wife Beverly are the parents of a daughter, Madison Quinn, and a son, Grayson.
As the new head of Planters credit department, Quinn will transfer to the Indianola office. “While I’ll miss working with the outstanding staff of the Greenwood office, I’m very excited to take on these new responsibilities,” Quinn noted. “I’ve seen under Randy’s and Alan’s leadership roles Planters lending platform has provided a vibrant engine of growth for our market area, and I look forward to continuing that growth.”
Randall, who this year will observe his 40th anniversary as a member of the Planters team, is a native of Sunflower County who received his B.S. from Mississippi State in 1975. His banking career began that same year with Sunburst Bank in Greenwood where he served for three years before joining Planters in 1978. He served as President of the Planters Indianola office for many years before becoming President and COO of the system in 2003. During Randall’s tenure as President and COO, the Planters banking system grew in size to a one billion dollar institution with a team of 225 employees serving 13 communities in the Delta and northwest region of Mississippi. The bank is currently ranked as the ninth largest financial institution in Mississippi. Active in the banking industry, Randall has served on Board of Directors of the Mississippi Bankers Association and as Trustee for the Graduate School of Banking at LSU. Randall has also been a devoted civic and community volunteer serving numerous projects and organizations. He and his wife Nan are members of the First United Methodist Church of Indianola and are the parents of two daughters, Catherine Fandel and Sarah Nan Donahoe.
“It’s been an honor to serve this community and the Planters region,” Randall noted. “I believe the growth of Planters is a reflection of our exemplary staff as well as our continued commitment to quality service, and I’m pleased to be part of that ongoing story.”
Clayton agreed, noting, “At Planters, we’ve never rested on our laurels, and these new management changes ensure that we won’t rest in the new era ahead as we approach our centennial year in 2020 with an emphasis on strength and stability as well as innovation. We will maintain our focus on personalized customer service, even as we realize an overall vision for growth and prosperity in our region.”
Founded in 1920 in Ruleville, MS, Planters Bank has grown to a region-wide banking system, with assets in excess of one billion dollars, serving 13 communities in 19 locations, as the bank of choice for customers across Mississippi and the region.
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