#United States #Financial Services #Simmons Bank #Private Banking #Pine Bluff

Simmons Bank Strengthens Leadership with Key Executive Changes

Simmons Bank, a wholly owned subsidiary of Simmons First National Corporation, has recently made significant leadership appointments aimed at reinforcing its commitment to growth and innovation. In an official announcement, the bank welcomed Brian Jackson and Jonathan Schneider as Presidents of Consumer and Wealth Management, and Commercial Banking, respectively. This strategic move is perceived as a vital step towards enhancing the quality of services offered to clients and increasing shareholder value.

Leadership Updates

Brian Jackson: President of Consumer and Wealth Management

Brian Jackson, who brings nearly 20 years of experience in the financial services industry, has taken on the role of President of Consumer and Wealth Management. His prior role was Executive Vice President at Regions Bank, where he spearheaded various product development initiatives. His background allows him to leverage extensive knowledge in managing both consumer-focused products and small business solutions, enhancing Simmons Bank's capabilities in these sectors. Jackson holds a BSBA in finance and is a certified public accountant, solidifying his financial acumen.

Jonathan Schneider: President of Commercial Banking

With a solid 18 years in commercial banking, Jonathan Schneider joins as President of Commercial Banking. His latest position involved leading Specialty Banking at Veritex Bank, where he crafted strategies for growing relationships with private equity and sponsors. Schneider’s experience in cultivating commercial deposit strategies further complements Simmons Bank's ambitions in corporate finance. His educational background includes a bachelor's degree from Liberty University and a banking education from Louisiana State University.

Expansion of Wealth Management Team

In addition to these key hires, Simmons Bank is bolstering its Wealth Management services by incorporating a seasoned 8-member Private Banking and Wealth Management team from BMO Financial Group. Led by Rick Sartori, this team has a proven track record of high performance in Midwestern markets including St. Louis, Kansas City, Oklahoma City, and Wichita. The addition of this group aims to deepen client relationships and expand service offerings in wealth management.

Rick Sartori's distinguished career spans over a decade in financial services, directing a team that successfully managed private wealth for various clients. His impressive portfolio includes roles at U.S. Trust as a Private Client Advisor, showcasing his industry experience and insight.

The New Private Banking Team Members

• - David Ringwald: Known for his extensive background in private banking, Ringwald previously worked at U.S. Trust and brings valuable experience from the commercial real estate sector.
• - Monica Covert-Risner: A veteran in financial services, Covert-Risner has held various roles culminating in senior trust administration.
• - Gregory Erdman: With over 25 years in the financial services industry, Erdman has held significant positions focusing on various facets of wealth management.

These new appointments and the wealth management team's integration illustrate Simmons Bank's strategy of fostering organic growth while augmenting its leadership capabilities. As Jay Brogdon, the bank's president and CEO, highlighted, attracting top talent reflects the organization's robust culture and strategic positioning within the sector. Brogdon is optimistic that these changes will enhance the bank’s service quality and efficiency, paving the way for sustainable growth and value creation.

Future Outlook

As Simmons Bank continues its journey, the focus remains on delivering exceptional client experiences while leveraging the strengths of its newly assembled leadership team. The depth and diversity that come with new appointments are expected to accelerate outcomes from transformation initiatives already in progress. The bank's commitment to maintaining high service standards while adapting to evolving market trends positions it well for future successes.

Simmons Bank, established in 1903, has evolved into a significant player in the Mid-South financial landscape, with over 220 branches operating across six states. Celebrated for providing a wide range of financial solutions, Simmons is poised for a promising future under the guidance of its enhanced leadership team.

For additional details regarding Simmons Bank’s offerings and corporate updates, visit their website or follow them on social media. Whether you’re looking for personal banking solutions or tailored wealth management services, Simmons Bank is well-equipped to meet client needs with a fresh perspective and renewed vigor.