Jim Lyons Joins Bank OZK as Managing Director, Equipment Finance and Capital Solutions Group
On October 25, 2021, Bank OZK (OZK) announced the hiring of Jim Lyons as Managing Director for its new Equipment Finance and Capital Solutions Group. This group aims to provide a full range of equipment-oriented collateral products, enhancing the bank's specialty lending capabilities. With over 30 years of experience, Lyons is expected to leverage his expertise to make Bank OZK the preferred lender for middle-market specialty financing. The bank currently holds $26.61 billion in total assets, showcasing its strong financial standing in the regional banking sector.
- Formation of a new Equipment Finance and Capital Solutions Group to enhance lending capabilities.
- Hiring of Jim Lyons, an experienced leader with over 30 years in specialty finance.
- None.
LITTLE ROCK, Ark., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Bank OZK (Nasdaq: OZK) has hired Jim Lyons as Managing Director, Equipment Finance and Capital Solutions Group. Lyons will launch the new group, providing a full array of equipment-oriented collateral products, including equipment finance and lease structures.
“Lyons is a seasoned leader in specialty finance with over 30 years of experience,” said Alan Jessup, Chief Lending Officer. “Lyons’ proficiency in building and managing large and complex specialty finance platforms will allow Bank OZK to expand our capabilities and become the lender of choice for middle-market specialty lending. Our new equipment finance and capital solutions group augments our many successful lending programs including community banking, commercial real estate, commercial and industrial, business aviation, RV and marine, SBA and asset based lending.”
“Bank OZK has been noted for decades as one of the nation’s top performing banks, offering best-in-class service and value-driven solutions for our clients,” Lyons stated. “Our financial strength and size provide a unique opportunity to offer larger scale equipment financing and leasing solutions than many competitors in the market.”
Lyons is a graduate of Eastern Illinois University, and obtained a MBA from Ohio University.
GENERAL INFORMATION
Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations through 249 offices in eight states including Arkansas, Georgia, Florida, North Carolina, Texas, New York, California and Mississippi and had
The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (“FDIC”), copies of which are available electronically at the FDIC’s website at https://efr.fdic.gov/fcxweb/efr/index.html and are also available on the Bank’s investor relations website at ir.ozk.com. To receive automated email alerts for these materials please visit https://ir.ozk.com/other/email-notification/default.aspx to sign up.
| Media Contact: | Susan Blair, (501) 978-2217 |
| Investor Relations Contact: | Tim Hicks, (501) 978-2336 |
| Date: | October 25, 2021 |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f69b0fa1-26ca-4aa3-961f-1e621702b891
FAQ
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