John C. Simpson Transitions to Chairman Emeritus; Red River Bancshares, Inc. Board of Directors Elects Teddy R. Price as Chai...
February 25 2021 - 4:45PM
Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced
today that its founding director John C. Simpson has decided to
transition from his role as Chairman of the Board of the Company
and Red River Bank, the Company’s wholly-owned subsidiary. Simpson
will remain a member of the board of directors of the Company and
Red River Bank, serving with the distinction of Chairman Emeritus.
Teddy R. Price, who is also a founding director, has been elected
by the board to serve as Chairman of the Board of the Company and
Red River Bank. The board also appointed Anna Brasher Moreau, DDS,
MS, as an independent director to the Board of the Company and Red
River Bank. All changes are effective February 25, 2021.
Blake Chatelain, President and Chief Executive
Officer of the Company, said, “Since our founding, John has been a
driving force behind our success. We are deeply grateful for his
leadership and look forward to his continued guidance. We welcome
Teddy, a founding director with extensive business experience and
knowledge of the Company and Bank, to his new role and are excited
for his leadership going forward.”
Dr. Moreau is a successful pediatric dentist with
deep community connections and a record of leadership in
professional organizations. Mr. Chatelain said, “Anna is an
esteemed business leader. She will add great value to our board of
directors, and the Company and Bank will benefit from her
perspective and insight. We are delighted by her addition to the
board of directors.”
About Red River Bancshares,
Inc.The Company is the bank holding company for Red River
Bank, a Louisiana state-chartered bank established in 1999 that
provides a fully integrated suite of banking products and services
tailored to the needs of commercial and retail customers. Red River
Bank operates from a network of 25 banking centers throughout
Louisiana and one combined loan and deposit production office in
Lafayette, Louisiana. Banking centers are located in the following
Louisiana markets: Central, which includes the Alexandria
metropolitan statistical area ("MSA"); Northwest, which includes
the Shreveport-Bossier City MSA; Capital, which includes the Baton
Rouge MSA; Southwest, which includes the Lake Charles MSA; and the
Northshore, which includes Covington.
Contact:Julia CallisVice
President, Corporate Counsel & Investor Relations
Officer318-561-4042julia.callis@redriverbank.net
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