MidSouth Bancorp, Inc. Elects D. Michael “Mike” Kramer as Vice Chairman
November 16 2018 - 8:30AM
Business Wire
Glenda Gaubert Joins MidSouth Bank as
BSA/AML Officer
MidSouth Bancorp, Inc. (“MidSouth”) (NYSE:MSL) today
announced that D. Michael “Mike” Kramer has been elected as Vice
Chairman of the Board of Directors. The Vice Chairman position was
vacated on December 26, 2017, following the resignation of Joseph
V. Tortorice Jr. for health reasons. Mr. Kramer joined the MidSouth
Board upon his election at MidSouth’s Annual Shareholder Meeting on
May 30, 2018.
Commenting on the election of Mr. Kramer as Vice Chairman, Jake
Delhomme, Chairman of MidSouth said, “We are pleased to have Mike
expand his governance responsibilities with MidSouth and have
benefited tremendously from his extensive industry experience and
insight.”
Additionally, MidSouth Bank has hired Glenda Gaubert as Senior
Vice President, BSA/AML Officer. Ms. Gaubert is responsible for
developing and implementing all aspects of the Bank Secrecy Act and
Anti-Money laundering Act compliance programs. Ms. Gaubert is an
ACAMS certified BSA/AML Compliance Professional and will be based
in the Dallas market.
President and CEO Jim McLemore commented, “Glenda is a 30-year
banking veteran with experience in markets including Miami and
South Texas. She most recently served as Vice President, BSA/AML
OFAC Officer for Mercantil Bank of Florida and will be instrumental
in overseeing our compliance with the consent order with the OCC
which we entered into last month.”
About MidSouth Bancorp, Inc.
MidSouth Bancorp, Inc. is a bank holding company headquartered
in Lafayette, Louisiana, with total assets of $1.8 billion as of
September 30, 2018. MidSouth Bancorp, Inc. trades on the NYSE under
the symbol “MSL.” Through its wholly owned subsidiary, MidSouth
Bank, N.A., MidSouth offers a full range of banking services to
commercial and retail customers in Louisiana and Texas. MidSouth
Bank currently has 42 locations in Louisiana and Texas and is
connected to a worldwide ATM network that provides customers with
access to more than 55,000 surcharge-free ATMs. Additional
corporate information is available at MidSouthBank.com.
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Investor Contacts: Jim McLemore, CFAPresident &
CEO337.237.8343Lorraine Miller, CFAEVP & CFO337.593.3143
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