Home BancShares' Donna Townsell Breaks the Glass Ceiling
February 08 2019 - 8:15AM
Home BancShares, Inc. (NASDAQ GS: HOMB) (“Home” or “the
Company”), and its wholly-owned subsidiary, Centennial Bank
(“Centennial”), today announced that Donna Townsell has been
elected as a member of both the Home BancShares and Centennial Bank
Board of Directors, breaking the “glass ceiling” as the first
female to serve on both boards simultaneously.
“This is a great strategic move for the next
generation of HOMB and Centennial Bank,” said John W. Allison,
Chairman of Home BancShares. “Donna, a Senior Executive Vice
President, has been with the company twelve years and has served in
a variety of critical roles including Vice President of Corporate
Efficiencies, Co-Chair of the Strategic Planning Committee, member
of the Executive Committee, Director of Marketing, Director of
Investor Relations and member of the Operations Committee, as well
as being named a two-time winner of the coveted ‘Chairman’s Award’
for Centennial Bank,” continued Allison. “Heading up
Corporate Efficiencies gave her a well-rounded knowledge of the
entire company. Serving as Director of Investor Relations has given
her a full understanding of the performance metrics that
shareholders, analysts and investors are interested in and that are
required for us to continue to be the ‘Best Bank in America’ year
after year. This combination makes Donna an excellent choice for a
board seat as her knowledge of and commitment to the company will
serve us well into the future,” Allison stated.
“In our twenty-year history one of the highest
water marks for our company was the efficiency project that
ultimately led our corporation to being ‘Best in Class’ of all
banks in America. Donna led this important initiative that changed
the culture of our corporation,” Allison continued. “She is one of
the best, (male or female), I have worked with, and I’m confident
she will provide guidance, leadership and expertise to both boards
for years to come,” said Allison.
“My twelve years with the bank have been the
most rewarding and influential experiences of my business career
and certainly a highlight in my life,” said Townsell. “The learning
process and unbelievable opportunities that have been afforded to
me have helped to prepare me for the honor of serving on both the
Home BancShares and Centennial Bank Board of Directors. I will do
my best to properly represent the shareholders, employees,
customers and investors of our company for many years to come,”
Townsell continued. “I am both honored and excited for this
opportunity,” said Townsell.
General
Home BancShares, Inc. is a bank holding company,
headquartered in Conway, Arkansas. Its wholly-owned subsidiary,
Centennial Bank, provides a broad range of commercial and retail
banking plus related financial services to businesses, real estate
developers, investors, individuals and municipalities. Centennial
Bank has branch locations in Arkansas, Florida, South Alabama and
New York City. The Company’s common stock is traded through the
NASDAQ Global Select Market under the symbol “HOMB.”
This release contains forward-looking statements
regarding the Company’s plans, expectations, goals and outlook for
the future. Statements in this press release that are not
historical facts should be considered forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements of this type speak only as of
the date of this news release. By nature, forward-looking
statements involve inherent risk and uncertainties. Various factors
could cause actual results to differ materially from those
contemplated by the forward-looking statements. These factors
include, but are not limited to, the following: economic
conditions, credit quality, interest rates, loan demand, the
ability to successfully integrate new acquisitions, increased
regulatory requirements as a result of our exceeding $10 billion in
total assets, legislative and regulatory changes, technological
changes and cybersecurity risks, competition from other financial
institutions, changes in the assumptions used in making the
forward-looking statements, and other factors described in reports
we file with the Securities and Exchange Commission (the “SEC”),
including those factors set forth in our Annual Report on Form 10-K
for the year ended December 31, 2017 filed with the SEC on February
27, 2018.
FOR MORE INFORMATION CONTACT:
Home BancShares, Inc.Donna
TownsellSenior Executive Vice President &Director of Investor
Relations(501) 328-4625
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