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Daily Archives: November 16, 2012

Treasury selling preferred shares of Brandon’s Community Bank in TARP closing

  In winding down programs dating to the 2008 financial crisis, the Treasury Department is auctioning its preferred shares in Brandon-based Community Bank of Mississippi Inc. and 14 other banks that received Troubled Asset Relief Program funds. Community Bank of Mississippi, a subsidiary of Community Bancshares of Mississippi, received $52 million TARP money on Sept. 11, 2009. In exchange, it ...

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Middlebrook announces resignation

George F. Middlebrook III has resigned from the boards of directors of BancorpSouth Inc. and BancorpSouth Bank. Middlebrook, of Nacogdoches, Texas, manages oil, gas and timberland interests of family partnerships and has also been engaged in residential and commercial real estate development. He has agreed to serve on BancorpSouth Bank’s Nacogdoches community bank board. Middlebrook served on the board of ...

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BKD adds accountants

BKD, LLP has added Calvin Thigpen Jr. and Chandler Croom as staff accountants in the accounting firm’s Jackson office. Thigpen joins BKD in the audit department with more than 16 years of experience in the banking industry. Before joining BKD, he served as a branch manager for Trustmark National Bank in Jackson. Thigpen is a recent graduate of Mississippi College ...

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McIlwain dies at 71

Thomas D. McIlwain, a longtime marine biologist, fishery scientist and educator in Mississippi, has died after a three-year battle with cancer. He was 71. McIlwain had a 50-year career in marine biology and spend most of his time at the Gulf Coast Research Laboratory in Ocean Springs. He was the lab director from 1989 to 1994 and retired in 2011. ...

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Alumni receive awards

Retired businessman Spencer Adams and budding entrepreneur Jared Loftus were recently honored as 2012 Alumni of the Year by the University of Southern Mississippi’s College of Business. Adams, former president and CEO of Pickett & Adams Insurance, received the Boardman Distinguished Alumnus of the Year Award. Loftus, president and CEO of online apparel store College District, was presented the Outstanding ...

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Stiehle earns promotion

Huntington Ingalls Industries has promoted Tom Stiehle to CFO and vice president of business management for the company’s Ingalls Shipbuilding division. In addition to his financial responsibilities, Stiehle will also lead Ingalls’ IT function, which includes the internal IT services, IT strategy development and management of the shipyard’s subcontract with CSC. Before being selected for this position, Stiehle served as ...

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Sullivan to retire

Richard Sullivan is stepping down as Biloxi public works director. He is the city’s third director to retire before the end of the year. The Sun Herald reports his last day will be Dec. 21. Sullivan says he is leaving the job to pursue other opportunities. The 60-year-old Sullivan became public works director in July 2002 after serving for 10 ...

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Three participate in ELP

Three Vicksburg District Corps of Engineers employees have been selected to participate in the Mississippi Valley Division’s Emerging Leader Program (ELP). Recently selected were Ben Robinson and Joel Brown, while Chris Koeppel is in his second year of participation. Robinson works as a project manager for the Mississippi River and Tributaries Yazoo Basin Team. He earned a bachelor’s degree from ...

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MSU brings in Blanton

              Mississippi State University has named John Blanton Jr., a researcher with 20 years of experience in animal and food science, head of the Department of Animal and Dairy Science. He worked as a research programs manager at the Samuel Roberts Noble Foundation in Ardmore, Okla., since 2008. He gained faculty and administrative experience ...

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Read November 16 issue of the MBJ

HEALTHCARE Bryant’s support, $10M grant give new life to medical school plans— by Ted Carter RETAIL ‘Whole Foods Effect’ likely to hit Highland Village— by Clay Chandler BANKING Strong reaction from community banks cited for Basel III delay— by Ted Carter ENERGY PSC to ask utilities to extend small business incentives— by Clay Chandler  HALEY BARBOUR Setting the record straight on the Kemper coal ...

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