MidSouth Bank Hires James McLemore as CFO
July 20 2009 - 2:00PM
PR Newswire (US)
LAFAYETTE, La., July 20 /PRNewswire-FirstCall/ -- MidSouth Bancorp,
(NYSE Amex: MSL) parent company of MidSouth Bank, N.A., has
announced the hiring of James McLemore as Chief Financial Officer
and Senior Executive Vice President. He replaces Eustis Corrigan,
who left the bank in January to head the new Lafayette office of
Postlethwaite & Netterville. For the past seven years, McLemore
served as Executive Vice President and CFO of Security Bank
Corporation in Macon, Ga. He has more than 24 years of banking
experience, primarily as CFO for publicly traded institutions, and
is a Certified Public Accountant and Chartered Financial Analyst.
McLemore will oversee MidSouth's finance, accounting, tax and
treasury functions, including asset/liability management,
profitability and budgeting. Additionally, he will assist President
and CEO Rusty Cloutier in market strategies and analysis. "What
attracted me to MidSouth was its long-term track record of
excellent financial performance, its strong capital position and
solid leadership," McLemore said. "I believe MidSouth is well
positioned to capitalize on the long-term opportunities resulting
from the turmoil in the financial industry." McLemore, a native of
Macon, Ga., graduated from the University of Florida with a B.S. in
accounting. He and his wife, Ellen, have been married for 22 years
and have four children ranging from 18 to 10 years of age. About
MidSouth Bancorp, Inc. MidSouth Bancorp, Inc. is a bank holding
company headquartered in Lafayette, La., with total assets of
$923.1 million as of March 31, 2009. Through its wholly-owned bank
subsidiary, MidSouth Bank, N.A., the Company offers complete
banking services to commercial and retail customers in south
Louisiana and southeast Texas. It has 35 locations in Louisiana and
Texas and more than 170 ATMs. The group is community oriented and
focuses primarily on offering commercial and consumer loan and
deposit services to individuals, and small and middle market
businesses. Established in 1985, MidSouth Bank has 28 offices
extending along the Interstate 10 corridor in south Louisiana
located in Lafayette (9), Baton Rouge (3), New Iberia (3), Lake
Charles (2), Sulphur, Jeanerette, Jennings, Thibodaux, Larose,
Opelousas, Breaux Bridge, Cecilia, Morgan City and Houma (2).
Additionally, the Company has seven full-service offices in the
southeast region of Texas, including Houston, Beaumont (3), Vidor,
College Station and Conroe. It also has a mortgage loan center in
Conroe. DATASOURCE: MidSouth Bancorp CONTACT: Rusty Cloutier,
MidSouth Bank President and CEO, +1-337-962-9900, or Alex
Calicchia, Chief Marketing Officer, +1-337-593-3008, both of
MidSouth Bancorp
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