Bank OZK Announces Hiring of Chief Deposit Officer
January 16 2019 - 05:00PM
Bank OZK (NASDAQ: OZK) has hired Ottie Kerley as its newly created
Chief Deposit Officer, to oversee all aspects of the bank’s deposit
strategies, including data analytics, deposit growth and deposit
pricing.
Kerley has over a decade of experience in deposit
pricing, financial analysis, forecasting and statistical modeling
for national and regional banks including SunTrust Bank, where he
most recently led deposit pricing for a $110 billion consumer
deposit portfolio. Previously, he was a senior financial manager
for consumer deposit finance and wholesale deposit pricing at
SunTrust Bank, and a marketing database analyst for Wells Fargo
& Company.
“Our strong balance sheet growth requires us to
focus on optimizing our funding profile with the primary objective
of improving our deposit strategies,” stated Cindy Wolfe, Chief
Banking Officer at Bank OZK. “The addition of a Chief Deposit
Officer, together with our existing capabilities, positions us to
continue to leverage the tremendous capacity in our existing branch
network of 242 deposit offices in eight states,” Wolfe added.
Kerley received a Master of Business Administration
from Emory University’s Goizueta Business School in Atlanta,
Georgia, and is a graduate of Wake Forest University’s Wayne
Calloway School of Business and Accountancy in Winston-Salem, North
Carolina, where he received a Bachelor of Science in Business.
GENERAL INFORMATION
Bank OZK (NASDAQ: OZK) is a regional bank providing
innovative financial solutions delivered by expert bankers with a
relentless pursuit of excellence. Bank OZK has been recognized as
the #1 bank in the nation in its asset size for eight consecutive
years. Headquartered in Little Rock, Arkansas, Bank OZK conducts
banking operations through 253 offices in Arkansas, Georgia,
Florida, North Carolina, Texas, Alabama, South Carolina, New York,
California and Mississippi and had $22.09 billion in total assets
as of September 30, 2018. Bank OZK can be found at www.ozk.com and
on Facebook, Twitter and LinkedIn or contacted at (501) 978-2265 or
P.O. Box 8811, Little Rock, Arkansas 72231-8811.
The Bank files annual, quarterly and current
reports, proxy materials, and other information required by the
Securities Exchange Act of 1934 with the Federal Deposit Insurance
Corporation (“FDIC”), copies of which are available electronically
at the FDIC’s website at https://efr.fdic.gov/fcxweb/efr/index.html
and are also available on the Bank’s investor relations website at
http://ir.ozk.com. To receive automated email alerts for these
materials please visit http://ir.ozk.com/EmailNotification to sign
up.
Investor Relations
Contact: |
|
|
Tim Hicks, (501)
978-2336 |
Media Contact: |
|
|
Susan Blair, (501)
978-2217 |
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/d796a954-bc76-4043-8b0c-3baba4804bf7.
Bank OZK (NASDAQ:OZK)
Historical Stock Chart
From Feb 2024 to Mar 2024
Bank OZK (NASDAQ:OZK)
Historical Stock Chart
From Mar 2023 to Mar 2024