JACKSON, Miss.–(BUSINESS WIRE).
B. Bryan Jones III has been elected to succeed Thomas G. Peaster as Chairman of the Board of Directors of BancPlus Corporation and BankPlus, effective September 20, 2022. Mr. Peaster will assume the role of senior chairman of the corporation and BankPlus has served as chairman since 1987. “On behalf of the company, I would like to thank Tommy for his leadership as Chairman of the Board over the past 35 years and for positioning BancPlus Corporation for continued success in the future,” said President William A. Ray and Chief Executive Officer of BancPlus corp
In addition, William A. Ray was elected vice chairman of the board of directors of BancPlus Corporation and BankPlus, and Randall E. Howard remains vice chairman and chief executive officer of BancPlus Corporation and BankPlus.
As Lead Director, Mr. Howard indicated that these changes are the result of an extensive, long-term succession planning process conducted by the BancPlus Corp. Board of Directors. was carried out.
Mr. Jones has served on the Company’s Board of Directors since 2000. At the time of his retirement in 2019, Mr. Jones was Senior Executive Vice President and Chief Private Banking Officer of BankPlus and has held various leadership positions during his 47 years at BankPlus. Mr Jones commented: “I have appreciated the opportunity to serve in a range of Board roles over the past 22 years. Together, the board and management are among the best in the industry, which gives me great confidence in the future success of BancPlus Corporation.”
In addition, Eugene F. “Jack” Webb, Jr., Chief Banking Officer of BankPlus, was named President of BankPlus effective August 1, 2022 and elected to the Board of Directors of BancPlus Corporation and BankPlus effective September 20, 2022 Webb will also assume the role of Chief Executive Officer of BankPlus, effective January 1, 2023. At this time, William A. Ray, President and Chief Executive Officer of BancPlus Corporation and Chief Executive Officer of BankPlus, will continue as President and Chief Executive Officer of BancPlus Corporation. Mr. Ray’s role will focus on strategic planning, mergers and acquisitions, intrinsic growth and capital management. Under Mr. Ray’s leadership as President and CEO of BankPlus since 1986, BankPlus has grown from $90 million in total assets to over $6.6 billion in total assets as of June 30, 2022, with over 90 locations and counting than 1,200 employees.
Mr. Webb joined BankPlus in 1996 and has held various leadership positions throughout the company. In his current position as President and Chief Banking Officer of BankPlus, Mr. Webb is responsible for all revenue-generating activities in the organization. “I am very excited about this opportunity to take on additional responsibilities,” said Mr. Webb. “BankPlus is an exceptional company dedicated to providing the best banking services to our customers, while building stronger communities and delivering value for our shareholders.”
“I am delighted that the board has recognized Jack for his outstanding leadership over the past 26 years at BankPlus. I look forward to our continued partnership as we work together to expand and build a brighter future for our team members, our customers and our shareholders,” said Mr. Ray.
About BancPlus Corporation
BancPlus Corporation is the holding company of BankPlus. Founded in 1909, BankPlus is one of the Southeast’s leading regional banks, bringing the latest technology to consumers and businesses through a full suite of financial services, including retail banking, commercial banking, mortgage lending and wealth management. With over $6.6 billion in assets, BankPlus operates more than 90 financial centers throughout Mississippi, Alabama, Louisiana and Florida. For more information about BankPlus, visit www.bankplus.net.