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Bank executive asked by board to relocate to New Orleans

GULFPORT — Hancock Holding president and CEO Carl Chaney says the board of directors has asked him to move to New Orleans.

Chaney tells The Sun Herald the Greater New Orleans represents approximately 41 percent of the company’s balance sheet. He says he plans to move his family in June.

John Hairston, CEO and chief operating officer of Hancock Holding, will remain in Gulfport, as will the company’s headquarters.

Hancock Holding is the parent company of Hancock Bank and Whitney Bank, which merged in June 2011 to form a bank with nearly 250 offices from Tampa to Houston and $20 billion in combined assets.

Chaney says the company is seeing a real uptick in the south Louisiana economy.

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