SouthState Announces Retirement of Doug Williams, Taps Green and Kamienski as Successors

Rhea-AI Summary

SouthState Bank announced the retirement of Doug Williams, president of the Atlanta Banking Group, and the appointment of BJ Green and Chris Kamienski as his successors. Williams, after a 44-year career with SouthState, played a significant role in the Atlantic Capital merger. Green, with extensive commercial banking experience, will lead the Atlanta group, while Kamienski, a seasoned leader at SouthState, will oversee Commercial Banking and Consumer Banking. The company, traded as SouthState (NYSE: SSB), aims for growth in the region under new leadership.

Positive

• Experienced successors appointed to lead different banking divisions ensuring continuity and growth.

• Retiring president Doug Williams credited for shepherding Atlantic Capital merger leading to the Bank's poised growth in the region.

• Company well-positioned for future growth and market expansion with dynamic and growth-oriented leadership.

Negative

• None.

News Market Reaction

-1.12%

1 alert

-1.12% News Effect

On the day this news was published, SSB declined 1.12%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ATLANTA, April 29, 2024 /PRNewswire/ -- SouthState Bank today announced the retirement of Doug Williams, president of the Atlanta Banking Group and head of Corporate Banking, effective Dec. 31.

Williams culminates his 44-year career with SouthState after spearheading the Atlantic Capital merger in 2022. He founded the Atlanta-based bank after 26 years with Wachovia.

"We cannot thank Doug enough for shepherding Atlantic Capital through the transition to SouthState. His knowledge of the Atlanta market and client base has been invaluable, and the Bank remains poised for growth in the region due to his acumen," said Richard Murray, SouthState president.

BJ Green, state president for the Atlanta Banking Group, will assume the role of Atlanta group president. He joined SouthState in recent months, bringing a wealth of commercial banking experience. Prior to a stint at Cadence Bank, Green led the strategic development of commercial banking in Atlanta for SunTrust Bank. He specialized in loan syndications, investment banking, corporate finance, and capital markets during his 30-year career.

Chris Kamienski, director of Consumer and Small Business Banking, will become group president of Commercial Banking and Consumer Banking. A valued SouthState leader since 2016, Kamienski was tapped to lead the Consumer and Small Business Banking group one year ago. Previously, he served as the North Florida president for SouthState.

"Chris and BJ are dynamic, growth-oriented leaders, and I am confident the Commercial Bank and the Atlanta Banking Group will flourish under their leadership," added Murray.

SouthState Corporation (NYSE: SSB) is a financial services company headquartered in Winter Haven, Florida. SouthState Bank, N.A., the company's nationally chartered bank subsidiary, provides consumer, commercial, mortgage and wealth management solutions to more than one million customers throughout Florida, Alabama, Georgia, the Carolinas, and Virginia. The bank also serves clients coast to coast through its correspondent banking division. Additional information is available at SouthStateBank.com.

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SOURCE SouthState Bank N.A.

FAQ

Who is retiring from SouthState Bank?

Doug Williams, president of the Atlanta Banking Group.

Who are the new successors at SouthState Bank?

BJ Green and Chris Kamienski.

What is the stock symbol for SouthState ?

The stock symbol is SSB.

Where is SouthState headquartered?

SouthState is headquartered in Winter Haven, Florida.

What services does SouthState Bank provide?

Consumer, commercial, mortgage, and wealth management solutions.

How many customers does SouthState Bank serve?

SouthState Bank serves more than one million customers throughout Florida, Alabama, Georgia, the Carolinas, and Virginia.