Business First Bancshares, Inc. Names David R. “Jude” Melville III, Board Chair and Rolfe H. McCollister Jr., Lead Independent Director
July 30 2024 - 6:12PM
Business First Bancshares, Inc. (Nasdaq: BFST), the parent company
of b1BANK, announced that the board's independent directors
unanimously elected David R. “Jude” Melville III to the role of
board chair and Rolfe H. McCollister Jr. as lead independent
director.
“For nearly 20 years, Rolfe and I have been working successfully
together in various capacities, alongside many others, on this
important endeavor. I thank the board for this opportunity to
continue partnering with him and them in this next phase of our
company’s life,” said Melville.
In this role, Melville will lead the work to set the agenda for
the board, leveraging his deep understanding of the business to
elevate the right strategic opportunities and identify key risks
and mitigation approaches for the board's review. In addition to
serving as chair, Melville will continue to serve as President and
CEO of the company. As lead independent director, McCollister will
retain significant authority including providing input on behalf of
the independent directors on board agendas, calling meetings of the
independent directors, and setting agendas for executive
sessions.
About Business First Bancshares,
Inc.
As of June 30, 2024, Business First Bancshares, Inc., (Nasdaq:
BFST), through its banking subsidiary b1BANK, has $6.7 billion in
assets, $6.1 billion in assets under management through b1BANK’s
affiliate Smith Shellnut Wilson, LLC (SSW) (excludes $0.9 billion
of b1BANK assets managed by SSW) and operates Banking Centers and
Loan Production Offices in markets across Louisiana and the Dallas
and Houston, Texas areas, providing commercial and personal banking
products and services. Commercial banking services include
commercial loans and letters of credit, working capital lines and
equipment financing, and treasury management services. b1BANK was
awarded #1 Best-In-State Bank, Louisiana, by Forbes and Statista,
and is a multiyear winner of American Banker’s “Best Banks to Work
For.” Visit b1BANK.com for more information.
Contact:
Misty Albrechtb1BANK225.286.7879Misty.Albrecht@b1BANK.com
Photos accompanying this announcement are available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/6369a32c-3cd1-4a24-9a6f-525cd71ac287https://www.globenewswire.com/NewsRoom/AttachmentNg/837ddb80-8c71-4c87-b024-1fa935867cbb
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