ServisFirst Bank Announces New Chief Financial Officer
ServisFirst Bank (NYSE:SFBS) has appointed David Sparacio as its new Chief Financial Officer, effective March 10, 2025. Sparacio brings over three decades of experience in banking and financial management, with expertise in corporate finance, accounting, and operational leadership.
The appointment follows an extensive nationwide search by Chartwell Partners. Sparacio will oversee the bank's financial strategy, regulatory reporting, and accounting operations. He holds degrees from the University of New Orleans, Loyola University New Orleans, and the U.S. Army War College, and currently serves as a Colonel in the U.S. Army Reserve.
Ed Woodie, who has served as interim CFO since October 2024, will transition the role to Sparacio.
ServisFirst Bank (NYSE:SFBS) ha nominato David Sparacio come nuovo Direttore Finanziario, con effetto dal 10 marzo 2025. Sparacio vanta oltre tre decenni di esperienza nel settore bancario e nella gestione finanziaria, con competenze in finanza aziendale, contabilità e leadership operativa.
La nomina segue una ricerca approfondita a livello nazionale da parte di Chartwell Partners. Sparacio supervisionerà la strategia finanziaria della banca, la reportistica regolamentare e le operazioni contabili. Ha conseguito lauree presso l'Università di New Orleans, la Loyola University di New Orleans e il U.S. Army War College, e attualmente ricopre il grado di Colonnello nella Riserva dell'Esercito degli Stati Uniti.
Ed Woodie, che ha ricoperto il ruolo di CFO ad interim da ottobre 2024, passerà il testimone a Sparacio.
ServisFirst Bank (NYSE:SFBS) ha nombrado a David Sparacio como su nuevo Director Financiero, con efecto a partir del 10 de marzo de 2025. Sparacio aporta más de tres décadas de experiencia en la banca y la gestión financiera, con especialización en finanzas corporativas, contabilidad y liderazgo operativo.
El nombramiento sigue una exhaustiva búsqueda a nivel nacional por parte de Chartwell Partners. Sparacio supervisará la estrategia financiera del banco, los informes regulatorios y las operaciones contables. Tiene títulos de la Universidad de Nueva Orleans, de la Loyola University de Nueva Orleans y del U.S. Army War College, y actualmente se desempeña como Coronel en la Reserva del Ejército de EE. UU.
Ed Woodie, quien ha servido como CFO interino desde octubre de 2024, hará la transición del rol a Sparacio.
ServisFirst Bank (NYSE:SFBS)는 2025년 3월 10일부터 새로운 최고 재무 책임자로 David Sparacio를 임명했습니다. Sparacio는 은행 및 재무 관리 분야에서 30년 이상의 경험을 보유하고 있으며, 기업 재무, 회계 및 운영 리더십에 대한 전문성을 가지고 있습니다.
이번 임명은 Chartwell Partners의 광범위한 국가적 검색 후 이루어졌습니다. Sparacio는 은행의 재무 전략, 규제 보고 및 회계 운영을 감독할 것입니다. 그는 뉴올리언스 대학교, 로욜라 대학교 뉴올리언스, 그리고 미국 육군 전쟁 대학에서 학위를 받았으며, 현재 미국 육군 예비군에서 대령으로 복무하고 있습니다.
2024년 10월부터 임시 CFO로 재직해 온 Ed Woodie는 Sparacio에게 역할을 이양할 것입니다.
ServisFirst Bank (NYSE:SFBS) a nommé David Sparacio comme nouveau Directeur Financier, à compter du 10 mars 2025. Sparacio apporte plus de trois décennies d'expérience dans le secteur bancaire et la gestion financière, avec une expertise en finance d'entreprise, comptabilité et leadership opérationnel.
Cette nomination fait suite à une recherche nationale approfondie menée par Chartwell Partners. Sparacio supervisera la stratégie financière de la banque, les rapports réglementaires et les opérations comptables. Il est diplômé de l'Université de la Nouvelle-Orléans, de la Loyola University de la Nouvelle-Orléans et du U.S. Army War College, et il occupe actuellement le grade de Colonel dans la Réserve de l'Armée des États-Unis.
Ed Woodie, qui a exercé la fonction de CFO par intérim depuis octobre 2024, transmettra le rôle à Sparacio.
ServisFirst Bank (NYSE:SFBS) hat David Sparacio zum neuen Finanzvorstand ernannt, der am 10. März 2025 sein Amt antreten wird. Sparacio bringt über drei Jahrzehnte Erfahrung im Bankwesen und im Finanzmanagement mit, mit Fachwissen in Unternehmensfinanzierung, Buchhaltung und operativer Führung.
Die Ernennung folgt einer umfassenden landesweiten Suche durch Chartwell Partners. Sparacio wird die Finanzstrategie der Bank, die regulatorischen Berichterstattung und die Buchhaltungsoperationen überwachen. Er hat Abschlüsse von der University of New Orleans, der Loyola University New Orleans und dem U.S. Army War College und ist derzeit als Colonel in der U.S. Army Reserve tätig.
Ed Woodie, der seit Oktober 2024 als interimistischer CFO fungiert, wird die Rolle an Sparacio übergeben.
- Appointment of experienced CFO with over 30 years in banking and financial management
- Strong background in regulatory reporting, M&A, and financial system integrations
- Smooth transition from interim CFO indicates organizational stability
- None.
Accomplished Financial Executive, David Sparacio, Named Chief Financial Officer
“David brings an exceptional level of expertise in financial leadership, strategic planning, and regulatory compliance,” states Tom Broughton, ServisFirst Bank Chairman, Chief Executive Officer, and President. “His extensive background in corporate finance, accounting, and operational leadership positions him as a tremendous asset to ServisFirst Bank. We are confident that his leadership will play a vital role in advancing our financial initiatives and supporting our continued growth.”
David Sparacio, Chief Financial Officer
Sparacio brings deep expertise in corporate finance, accounting, and financial operations. Throughout his career, he has successfully led large accounting teams, implemented financial control structures, and spearheaded high-level initiatives to enhance efficiency and compliance within top financial institutions. With a strong background in regulatory reporting, mergers and acquisitions, and financial system integrations, Sparacio is well-equipped to drive ServisFirst Bank’s financial strategy forward.
Sparacio holds a Bachelor of Science in Accounting from the University of
Ed Woodie has served as interim Chief Financial Officer since October 2024. Woodie provided steady leadership during the transition, and with Sparacio assuming the role on March 10, 2025, ServisFirst Bank is well-positioned for continued financial strength and long-term advancement.
For more information regarding ServisFirst Bank’s recent addition, please contact Krista Conlin at Krista@KCProjects.net. For more about ServisFirst Bank, please visit www.servisfirstbank.com.
ABOUT SERVISFIRST BANK
ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market, emphasizing competitive products, state-of-the-art technology and a focus on quality service. Recently, the Bank announced that its assets exceed
ServisFirst Bank was formed in May 2005, and has offices in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250219845222/en/
Krista Conlin, Krista@KCProjects.net
Source: ServisFirst Bank
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