Founding director retires from The First
by Wally Northway
Published: August 12,2010
HATTIESBURG — David E. Johnson has retired from his positions as chairman of the board and as an active member of the board of directors of The First Bancshares Inc. and The First, A National Banking Association.
Johnson now serves as director emeritus upon his retirement.
Johnson served as chairman since 1998. He was also a founding director of the company and held the position of CEO from the company’s inception until Sept. 2009. The positions of chairman and CEO were separated in 2009 to provide improved corporate governance and oversight.
“We are forever indebted to David for the significant contributions to the Company he made in more than fifteen years of service. He was instrumental in the start-up of the bank, raising capital and building the image of the bank,” said M. Ray “Hoppy” Cole, president and CEO. “The entrepreneurial spirit he instilled in the Company as a founder and leader is a legacy to our growing organization. We truly wish him the very best in his retirement.”
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Hood clarifies opinion on open-carry gun law
- IKE TROTTER: There are primary changes in Social Security for 2014
- Expert on airlines predicts Jackson-Evers will keep remaining carriers
- C Spire launches next phase of 1-gig service rollout
- Court to hear case involving alligators and ExxonMobil
- MAN OF STEEL: Madhu Ranade leading Severstal Columbus
- Alcorn's finances being investigated; CFO resigns
- Officials hand mayor projects list totaling $57.7M
- Public meeting called to mull future of convention center
- Town given Obamacare insurance break, but faces additional costs in 2015