#United States #Simmons Bank #Pine Bluff #George Makris #Jay Brogdon

Significant Changes at Simmons First National Corporation

In a recent announcement, Simmons First National Corporation (NASDAQ: SFNC), based in Pine Bluff, Arkansas, revealed that its long-serving CEO, George Makris, Jr., will step down at the close of 2025. Makris has been at the helm for more than a decade, guiding the financial institution through expansive growth and navigating numerous challenges in the banking industry. Effective January 1, 2026, Jay Brogdon, currently the President of both the Company and Simmons Bank, is set to take over as CEO. Additionally, Marty Casteel, a seasoned banking executive and former CEO, will assume the role of Chairman.

A Legacy of Growth

George Makris has played a pivotal role in transforming Simmons First National Corporation into a regional powerhouse, establishing a strong presence that spans Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. Under his leadership, the company has shown remarkable resilience and has strategically expanded its services while maintaining a focus on customer satisfaction. As the lead independent director, Steve Cosse, commented, the Board is grateful for Makris's contributions, acknowledging that his tenure has been marked by transformative decisions that have significantly enhanced the firm’s market standing.

Makris expressed pride in what the team has accomplished together, stating, “It has been a privilege to serve as Chairman and CEO of Simmons, and I am grateful for the support of the Board and all our associates.” He highlighted the importance of timing in this leadership transition, assuring stakeholders that Brogdon is aptly prepared to step into the role thanks to a robust succession planning process in place at Simmons.

Welcoming a New Era

Jay Brogdon, set to graduate to the position of CEO, has a proven track record within the company since he joined in 2021. Initially taking on the role of Chief Financial Officer, he has since risen to the presidency, where he managed all revenue channels and corporate strategy. Before his tenure at Simmons, he honed his skills at Stephens Inc. and Deloitte, where he made a mark as a managing director and financial consultant.

In his statement, Brogdon expressed his honor in leading Simmons and his respect for the legacy of leadership that precedes him. He noted, “I look forward to working with Marty, given the wealth of knowledge and expertise he brings from his 30-plus year career in banking.” Under Brogdon's leadership, the organization is keen on establishing and expanding value for its customers and communities consistently.

Maintaining a Strong Culture

As the leadership baton passes, Simmons First National Corporation remains committed to its foundational culture that emphasizes integrity, community engagement, and customer-centric services. The organization has built a reputation for exceeding expectations over its 116 years of continuous operation, also recently being recognized as one of Arkansas's Greatest Workplaces by Newsweek in 2025. Furthermore, Simmons Bank's commitment to its employees has resulted in accolades, such as being named one of America’s Best Regional Banks and best workplace for equity and inclusion by multiple esteemed publications.

This upcoming leadership transition marks a significant milestone for Simmons First National Corporation as it prepares for a new chapter. As the team gears up for 2026, the community will be watching closely to observe how Brogdon and Casteel steer the company toward future achievements while upholding the vision established during Makris's impactful tenure.