Home » NEWS » Banking & Finance » BancorpSouth CFO Prater retiring in March

BancorpSouth CFO Prater retiring in March

William L. “Bill” Prater is retiring early from his post as senior executive vice president, treasurer and chief financial officer at BancorpSouth Inc.

The parent company of BancorpSouth Bank said Prater’s decision is effective March 10.

The Northeast Mississippi Daily Journal reports Prater has held the posts for nearly eight years and will stay on board in a consulting role as BancorpSouth seeks his replacement.

The company says Prater’s impending retirement does not reflect any dispute or disagreement with BancorpSouth or its management.

Prater was named the company’s CFO in July 2009 following the retirement of Nash Allen Jr., who spent 40 years with the bank.

BancorpSouth Bank operates in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, plus an insurance location in Illinois.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *

*