Colony Bankcorp, Inc. Strengthens Leadership Team With Executive Promotions and Organizational Enhancements

Rhea-AI Summary

Colony Bankcorp (NYSE: CBAN) has announced key executive promotions and organizational changes to strengthen its leadership team. Ed Canup, former Chief Revenue Officer, has been promoted to Chief Banking Officer, bringing over 40 years of banking experience to oversee Commercial and Retail Banking. Daniel Rentz, with 15+ years at Colony, becomes Chief Information Officer, managing operations, innovation, and technology. Laurie Senn, with 20+ years of banking experience, has been elevated to Chief Administrative Officer, overseeing payments, HR, marketing, and process improvement.

Additionally, President D Copeland will take on expanded responsibilities supporting operations and growth, allowing CEO Heath Fountain to focus more on strategy and long-term vision. These changes aim to strengthen Colony's position as a sustainable, high-performing independent bank.

Positive

• Strategic leadership reorganization strengthens key operational areas
• Internal promotions demonstrate strong succession planning and talent retention
• Executives bring significant industry experience (40+ years for Canup, 15+ years for Rentz, 20+ years for Senn)
• CEO can focus more on long-term strategy and vision

Negative

• None.

FITZGERALD, Ga.--(BUSINESS WIRE)-- Colony Bankcorp, Inc. (NYSE: CBAN) (“Colony” or the “Company”) is pleased to announce the promotion of three seasoned leaders, Ed Canup, Daniel Rentz, and Laurie Senn, to Executive Vice President roles. These leadership changes, along with a strategic organizational realignment, highlight Colony’s commitment to building a sustainable, high-performing independent bank.

Ed Canup, previously Chief Revenue Officer and President of Banking Solutions, has been promoted to Chief Banking Officer. In this role, he will oversee Commercial and Retail Banking as well as complementary business lines. With over 40 years of banking experience, Canup brings a wealth of expertise to the role. Prior to joining Colony, he held key leadership positions at Capital City Bank, including Co-Chief Operating Officer and Chief Revenue Officer.

Daniel Rentz steps into the role of Chief Information Officer and will oversee operations, innovation, technology, enterprise solutions, and project management. With over 15 years at Colony, Rentz has been instrumental in driving the Company’s technology strategy, having previously served as Chief Technology Officer and IT Director.

Laurie Senn has been promoted to Chief Administrative Officer, where she will oversee payments, human resources, marketing, and process improvement. With over 20 years of banking experience, Senn most recently served as Chief Operations Officer, leading the senior management team in driving efficiency and executing strategic initiatives. She previously held leadership roles at Members United Credit Union, AB&T, and Renasant Bank.

As part of the organizational enhancements, D Copeland, President, will take on additional responsibilities to support operations and growth. This adjustment allows Heath Fountain, Chief Executive Officer, to focus more on strategy, vision, and positioning Colony for long-term success.

“These promotions recognize the significant contributions Ed, Daniel, and Laurie have made to Colony’s success. Their leadership and forward-thinking approach will be key as we focus on scaling operations, driving efficiency, and delivering innovative solutions to serve our customers and communities,” said Fountain. “These changes combined with D’s expanded role, further strengthen our foundation for future growth.”

About Colony Bankcorp

Colony Bankcorp, Inc. is the bank holding company for Colony Bank. Founded in Fitzgerald, Georgia in 1975, Colony operates locations throughout Georgia as well as in Birmingham, Alabama; Tallahassee, Florida; and the Florida Panhandle. Colony Bank offers a range of banking solutions for personal and business customers. In addition to traditional banking services, Colony provides specialized solutions including mortgage lending, government guaranteed lending, consumer insurance, wealth management, and merchant services. Colony’s common stock is traded on the New York Stock Exchange (“NYSE”) under the symbol “CBAN.” For more information, please visit www.colony.bank. You can also follow the Company on social media.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250107361058/en/

T. Heath Fountain

Chief Executive Officer

(229) 426-6000 (Ext 6012)

Source: Colony Bankcorp, Inc.

FAQ

What executive changes did Colony Bankcorp (CBAN) announce in its leadership reorganization?

Colony Bankcorp announced three executive promotions: Ed Canup to Chief Banking Officer, Daniel Rentz to Chief Information Officer, and Laurie Senn to Chief Administrative Officer. Additionally, President D Copeland received expanded responsibilities.

What is Ed Canup's new role at Colony Bankcorp (CBAN)?

Ed Canup has been promoted to Chief Banking Officer at Colony Bankcorp, where he will oversee Commercial and Retail Banking as well as complementary business lines.

How many years of experience does Daniel Rentz have with Colony Bankcorp (CBAN)?

Daniel Rentz has over 15 years of experience at Colony Bankcorp, previously serving as Chief Technology Officer and IT Director.

What areas will Laurie Senn oversee as Colony Bankcorp's (CBAN) new Chief Administrative Officer?

As Chief Administrative Officer, Laurie Senn will oversee payments, human resources, marketing, and process improvement at Colony Bankcorp.

How will CEO Heath Fountain's role change under CBAN's new organizational structure?

Under the new structure, CEO Heath Fountain will focus more on strategy, vision, and positioning Colony for long-term success, while President D Copeland takes on additional operational responsibilities.