Seacoast Expands its Commercial Banking Leadership Team

Rhea-AI Summary

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) has expanded its commercial banking leadership in the Tampa-St. Petersburg area. The bank announced the hiring of James Norton as executive vice president and commercial real estate executive, along with Chris Rolle as president of the West Florida region, and Robert Hursh as market president for Pinellas County. These leaders bring extensive experience from previous roles in major banks, enhancing Seacoast's growth strategy and community presence.

Positive

• Strong leadership additions with significant banking experience.
• Expansion of the commercial banking team reflects growth strategy.

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• None.

James Norton, Chris Rolle, and Robert Hursh join Seacoast’s commercial banking leadership team in the Tampa-St. Petersburg MSA

STUART, Fla., July 08, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (NASDAQ: SBCF), one of the largest community banks based in Florida, today announced the continued expansion of its commercial banking leadership team. The bank is adding James Norton as executive vice president and commercial real estate executive, Chris Rolle as president of the West Florida region, and Robert Hursh as market president for Pinellas County.

“As Seacoast grows, we continue to expand our leadership team with talented individuals who have diverse backgrounds and market expertise,” said Austen Carroll, executive vice president and chief lending officer of Seacoast Bank. “James, Chris, and Robert each bring strong track records of high performance, and each has a significant following in the banking community in Florida.”

• James Norton joins Seacoast as executive vice president, commercial real estate executive covering the state of Florida. Norton brings 20 years of experience in commercial real estate to Seacoast Bank. Prior to joining Seacoast, James was based in Tampa and led the expansion of BB&T’s commercial real estate business statewide before relocating to the Washington D.C. metropolitan area. Most recently, Norton served as real estate banking director covering the Mid-Atlantic market at J.P. Morgan Chase. He also held leadership positions with IronStone Bank and SunTrust Bank in the Southeast U.S.
• Chris Rolle joins Seacoast as president of the West Florida region, extending from the Tampa Bay area to Naples-Ft. Myers. Rolle is a Tampa native and a former executive at Synovus Bank, Florida Community Bank, and BB&T covering both the Tampa Bay area and Central Florida market. Rolle has a strong track record of success building high-performing commercial banking teams.
• Robert Hursh joins Seacoast as market president in Pinellas County, where he will lead market initiatives and further grow Seacoast’s presence. Hursh, a Pinellas County native, has over 20 years of experience in leading commercial banking teams in the Tampa-St. Petersburg MSA, most recently as senior vice president with Synovus Bank. Hursh will partner with Cathy Swanson, market executive for Pinellas County, who joined Seacoast in August 2020 after serving as Freedom Bank’s chief executive officer & president.
  

These hires follow the expansion of Seacoast’s commercial banking team over the last several months, including the addition of Ron York, formerly of First Horizon Bank, as treasury management executive, and the addition of a commercial banking team in Central Florida from Wells Fargo, including Pam Notarantonio as regional credit officer for the Central Florida market, Dan Hilken as regional president for Central Florida, and six experienced commercial bankers.

About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $8.8 billion in assets and $7.4 billion in deposits as of March 31, 2021. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 48 traditional branches of its locally-branded, wholly-owned subsidiary bank, Seacoast National Bank. Offices stretch from Fort Lauderdale, Boca Raton and West Palm Beach north through the Daytona Beach area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties. More information about the Company is available at www.SeacoastBanking.com.

CONTACT:
Rafael Brazon-Di Fatta
rafael@sachsmedia.com
(786) 567-2791

FAQ

What leadership changes occurred at Seacoast Banking Corporation (SBCF) in July 2021?

In July 2021, Seacoast announced the hiring of James Norton, Chris Rolle, and Robert Hursh to its commercial banking leadership team.

How does the new leadership team impact Seacoast Banking Corporation (SBCF)?

The new leaders bring extensive experience and expertise, potentially strengthening Seacoast's market position and operational efficiency.

Who are the new executives joining Seacoast Banking Corporation (SBCF)?

The new executives are James Norton (executive vice president, commercial real estate), Chris Rolle (president of the West Florida region), and Robert Hursh (market president for Pinellas County).

What is the significance of the new hires for Seacoast Banking Corporation (SBCF)?

These hires are part of Seacoast's strategy to enhance its commercial banking capabilities, leveraging the executives' local market knowledge and established networks.