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Colony Bankcorp Appoints Audrey Hollingsworth to Board of Directors

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Colony Bankcorp, Inc. (NASDAQ: CBAN) announced the appointment of Audrey D. Hollingsworth to its Board of Directors, effective December 1, 2022. Hollingsworth, currently Vice President of People Services at Goodwill Industries of the Southern Rivers, brings extensive experience from her previous role as Group Executive and Chief People Officer at Synovus Financial Corporation. Chairman Mark H. Massee emphasized her diverse perspective will aid in achieving the company's strategic objectives. CEO T. Heath Fountain expressed anticipation for her contributions as they strive to enhance shareholder value.

Positive
  • Hollingsworth brings extensive HR experience, enhancing board diversity.
  • Her appointment is expected to support strategic objectives and shareholder value.
Negative
  • None.

FITZGERALD, Ga.--(BUSINESS WIRE)-- Colony Bankcorp, Inc. (Nasdaq: CBAN) (“Colony” or the “Company”), the bank holding company for Colony Bank (the “Bank”), today announced the appointment of Audrey D. Hollingsworth to the Board of Directors for both the Company and Colony Bank, effective December 1, 2022.

Colony Bankcorp Appoints Audrey D. Hollingsworth to Board of Directors (Photo: Business Wire)

Colony Bankcorp Appoints Audrey D. Hollingsworth to Board of Directors (Photo: Business Wire)

Hollingsworth serves as Vice President of People Services for Goodwill Industries of the Southern Rivers, a position she has held since 2018. Before joining Goodwill Industries of the Southern Rivers, Hollingsworth was President of the Hollingsworth Group, a human resources and information technology consulting company. For 26 years prior to joining Hollingsworth Group, she served in positions of increasing responsibility at Synovus Financial Corporation, eventually ascending to the position of Group Executive and Chief People Officer.

Commenting on the announcement, Mark H. Massee, Chairman of the Board of Directors, said, “We are very pleased to welcome Audrey to our Board of Directors. Her extensive experience and leadership as a seasoned human resources professional bring a unique and diverse perspective to our Board that will be of great value as we execute our strategic objectives.”

Hollingsworth serves on the Board of Directors for various organizations including the Development Authority Foundation Board, the University of Georgia’s J.W. Fanning Institute for Leadership Development Advisory Board, the Mayor’s Advisory Committee for Public Safety and Law Enforcement, and the Greater Columbus Georgia Chamber of Commerce, of which she is Past Chairman. In addition, she is an alumna, Past President, and Chairman of Leadership Georgia and is currently a member of the Society for Human Resources and Delta Sigma Theta Sorority, Inc. Hollingsworth is a recipient of the Girl Scouts of Historic Georgia’s Women of Achievement Award. She holds a Bachelor of Science in Business Education from the University of Georgia and a Master of Science in Management from Troy State University.

“Audrey is a talented and well-respected leader across the banking and human resources industries. We look forward to her contributions, insight, and counsel as we continue to grow and deliver value to our shareholders, customers, and team members,” said T. Heath Fountain, Chief Executive Officer.

About Colony Bankcorp

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in 1975 and headquartered in Fitzgerald, Georgia, Colony operates 38 locations throughout Georgia. At Colony Bank, we offer a wide range of banking services including personal banking, business banking, mortgage solutions, government guaranteed lending solutions, and more. We have expanded our services to also include consumer insurance products, such as automotive, homeowners, and other insurance needs for our community. Colony’s common stock is traded on the NASDAQ Global Market under the symbol “CBAN.” For more information, please visit colony.bank. You can also follow the Company on social media.

T. Heath Fountain

Chief Executive Officer

(229) 426-6000 (Ext 6012)

Source: Colony Bankcorp, Inc.

FAQ

Who was appointed to the Board of Directors of Colony Bankcorp on December 1, 2022?

Audrey D. Hollingsworth was appointed to the Board of Directors of Colony Bankcorp effective December 1, 2022.

What is Audrey D. Hollingsworth's current position before joining Colony Bankcorp?

Before joining Colony Bankcorp, Audrey D. Hollingsworth was Vice President of People Services at Goodwill Industries of the Southern Rivers.

What experience does Audrey D. Hollingsworth bring to Colony Bankcorp?

Hollingsworth has extensive experience in human resources, including senior positions at Synovus Financial Corporation.

What did Chairman Mark H. Massee say about the appointment of Audrey D. Hollingsworth?

Chairman Mark H. Massee stated that Hollingsworth's extensive experience and leadership will bring great value to the Board.

How might Audrey D. Hollingsworth contribute to Colony Bankcorp?

Her insights and expertise in human resources are expected to support the execution of Colony Bankcorp's strategic objectives and enhance shareholder value.

Colony Bankcorp Inc.

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