Megan Pelletier Appointed Executive Vice President & Chief People Officer
May 02 2022 - 8:15AM
The board of directors of HomeTrust Bancshares, Inc. (NASDAQ: HTBI)
(“Company”), the holding company of HomeTrust Bank (“Bank” or
“HTB”), today announced that Megan Pelletier assumed the position
of Executive Vice President and Chief People Officer (CPO) of both
the Company and the Bank effective May 2, 2022. Ms. Pelletier will
lead the HTB team responsible for diversity and inclusion
initiatives, employee engagement, and the traditional human
resource areas including: employee relations, benefits and
compensation, talent management, recruiting and training. She will
serve as a member of the Executive Operating Committee (OC) and
report directly to Hunter Westbrook, President & Chief
Executive Officer of HTB.
Pelletier’s experience spans almost 20 years of
banking and financial industry roles as both a line of business
employee and human resources leader, as well as serving in
commercial banking positions. During her tenure at SouthState Bank,
Pelletier established a history of building strategic,
collaborative relationships across the organization. She is skilled
at assessing needs and goals of business units and providing
solutions through talent acquisition management and process
improvement.
“Megan has deep experience within several HR
disciplines, but also significant line-side expertise. This
experience coupled with her demonstrated success within community,
regional and national institutions uniquely qualify her to lead
HTB’s employee experience, which I believe is central to
HomeTrust’s continued growth and success,” says C. Hunter
Westbrook, President & Chief Executive Officer. “I look forward
to collaborating with Megan to develop initiatives and workplace
strategies that support our strategic plan and continually improve
customer satisfaction through employee engagement. She has the
right skill set to lead our efforts to both attract talent to
HomeTrust and to strengthen retention through enhanced education
and clear career path planning.”
Pelletier is a graduate of Guilford College with
a Bachelor of Science in Psychology. Prior to joining HTB, she
served in several key roles at SouthState Bank in Charlotte, NC,
most recently as Senior Vice President, Director of Talent
Acquisition. While at SouthState she also held Director of
Commercial Operations, and Human Resources Manager, and Human
Resources Business Partner. Previously Pelletier was a team member
at CommunityOne Bank, SunTrust Bank (now Truist) in Charlotte, NC,
and Wellington Management Company in Boston, MA.
About HomeTrust Bancshares,
Inc.
HomeTrust Bancshares, Inc. is the holding
company for HomeTrust Bank. As of March 31, 2022, the Company had
assets of $3.5 billion. The Bank, founded in 1926, is a North
Carolina state chartered, community-focused financial institution
committed to providing value added relationship banking through
over 30 locations as well as online/mobile channels. Locations
include: North Carolina (including the Asheville metropolitan area,
the "Piedmont" region, Charlotte, and Raleigh/Cary), Upstate South
Carolina (Greenville), East Tennessee (including Kingsport/Johnson
City, Knoxville, and Morristown) and Southwest Virginia (including
the Roanoke Valley).
Forward-Looking Statements
This press release includes "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Such statements often include words such as
"believe," "expect," "anticipate," "estimate," and "intend" or
future or conditional verbs such as "will," "would," "should,"
"could," or "may." Forward-looking statements are not historical
facts but instead represent management's current expectations and
forecasts regarding future events, many of which are inherently
uncertain and outside of the Company's control. Actual results may
differ, possibly materially, from those currently expected or
projected in these forward-looking statements. Factors that could
cause the Company's actual results to differ materially from those
described in the forward-looking statements include: the effect of
the COVID-19 pandemic, including on the Company's credit quality
and business operations, as well as its impact on general economic
and financial market conditions and other uncertainties resulting
from the COVID-19 pandemic, such as the extent and duration of the
impact on public health, the U.S. and global economies, and
consumer and corporate customers, including economic activity,
employment levels and market liquidity; increased competitive
pressures; the possibility that (i) the planned branch closures
previously disclosed by the Company will not occur within the time
frame anticipated or at all, (ii) the charges incurred by the
Company in connection with the branch closures will be greater than
expected and/or (iii) the cost savings realized by the Company from
the branch closures will be lower than expected; the possibility
that the additional servicing fee and gain on sale income resulting
from the transitioning of the Bank’s back-office SBA loan servicing
process in-house will be lower than expected; the possibility that
the estimated savings from the early retirements of the Company’s
long-term debt will be lower than expected; changes in the interest
rate environment; changes in general economic conditions and
conditions within the securities markets; legislative and
regulatory changes; and other factors described in the Company's
latest Annual Report on Form 10-K and Quarterly Reports on Form
10-Q and other documents filed with or furnished to the Securities
and Exchange Commission (the “SEC”), which are available on the
Company’s website at www.htb.com and on the SEC's website at
www.sec.gov. These risks could cause the Company's actual results
for fiscal 2021 and beyond to differ materially from those
expressed in any forward-looking statements by, or on behalf of,
the Company and could negatively affect its operating and stock
performance. Any of the forward-looking statements that the Company
makes in this press release or the documents it files with or
furnishes to the SEC are based upon management's beliefs and
assumptions at the time they are made and may turn out to be wrong
because of inaccurate assumptions they might make, because of the
factors described above or because of other factors that they
cannot foresee. The Company does not undertake, and specifically
disclaims, any obligation to revise any forward-looking statements
to reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements.
www.htb.com
Contact:
C. Hunter Westbrook
President and Chief Executive Officer
HomeTrust Bank
828.365.7084
Dana Stonestreet
Chairman and Chief Executive Officer
HomeTrust Bancshares, Inc.
828.365.7084
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