Simmons Bank has made a series of changes to its executive structure.
Simmons has named Bob Fehlman president and chief operating officer of Simmons First National Corporation and Simmons Bank, and he will oversee accounting, financial planning, investments, tax, bank operations, IT, risk and legal operations. He also supports the bank’s mergers and acquisitions, analyst and investor meetings and heads up Simmons’ capital management.
A 30-year Simmons veteran, Fehlman has served as senior executive vice president, chief financial officer, chief operating officer and treasurer at the bank. He will continue to report to Simmons chairman and CEO George Makris Jr.
Jay Brodgon has been tapped to succeed Fehlman as executive vice president, chief financial officer and treasurer. Brogdon moves to Simmons from Stephens Inc., where he served as a managing director in the investment banking division. Brogdon will report to Fehlman in this role.
“The changes announced today are a direct result of the success and growth we have experienced at Simmons over the past several years and reflects our need to continue to add depth and bench strength to our senior management team as we look to execute our key strategic priorities designed to grow our franchise,” Makris said in a statement.
“Bob has been instrumental in ensuring the financial strength of the Company, particularly during challenging economic periods, that has us well-positioned to continue to expand in our footprint while also continuing to meet the evolving needs of our customers. We’re also very pleased to have a high caliber person like Jay join our team. In addition to being very familiar with Simmons, Jay brings a wealth of knowledge and experience to our senior management team that should serve us well into the future.”
Steve Massanelli has also been named executive vice president and chief administrative officer for both Simmons First National Corporation and Simmons Bank. In this role, Massanelli heads up mergers and acquisitions due diligence and integration, corporate real estate service, corporate security, records management and corporate insurance.
Sabrina McDonnell has been named executive vice president and chief customer experience officer, a role in which she will lead the bank’s marketing and brand experience, product development and private client departments.
Ed Bilek joined Simmons as executive vice president and director of investor relations. He will report to Fehlman.