Chapman Becomes Chief Executive Officer of Renasant

Rhea-AI Summary

Renasant Corporation (RNST) has announced a significant leadership transition as Kevin D. Chapman officially assumes the role of Chief Executive Officer and President of both Renasant Corporation and Renasant Bank. The previous CEO, C. Mitchell Waycaster, will continue serving as Executive Vice Chairman, focusing on strategic planning, investor relations, mergers and acquisitions, and providing board level oversight.

Board Chairman E. Robinson McGraw expressed full confidence in Chapman's leadership capabilities, citing his proven track record and vision for the company's future growth. This transition follows the company's previously announced succession plan.

Positive

• Smooth leadership transition following a planned succession strategy
• Previous CEO remains involved in key strategic roles as Executive Vice Chairman
• New CEO Kevin Chapman brings proven track record to the position

Negative

• None.

TUPELO, Miss., May 01, 2025 (GLOBE NEWSWIRE) -- Today, Renasant Corporation (the “Company”) announced that Kevin D. Chapman has officially assumed the role of Chief Executive Officer and President of both the Company and Renasant Bank (the “Bank”). C. Mitchell Waycaster, immediate past Renasant CEO, will continue as Executive Vice Chairman for both the Company and the Bank. As Executive Vice Chairman, Waycaster will continue to be involved in strategic planning, investor relations, mergers and acquisitions, and providing guidance and board level oversight for the Company.

"As previously announced with our company’s succession plan, it is with full confidence and great enthusiasm that the Board and I pass the leadership torch to Kevin Chapman as our new CEO," said E. Robinson McGraw, Chairman of the Board of the Company and the Bank. "We are in exceptionally capable hands under Kevin’s leadership, and we are confident that his proven track record and vision will guide Renasant to even greater success. On behalf of our shareholders, board, and employees, we congratulate Kevin on this well-deserved promotion and look forward to supporting him as he leads Renasant into the future."

About Kevin D. Chapman: Chapman has been President since May 2023 and Chief Operating Officer for the Company since May 2018. Prior to his current role, Chapman held several different roles including Chief Financial Officer, Chief Strategy Officer and Chief Accounting Officer and Corporate Controller.

Chapman has worked in the financial services industry for more than 25 years with experience that includes initial public offerings, capital markets, mergers and acquisitions, capital raises, investor relations and corporate strategy. Prior to Renasant, he served as Corporate Controller for a large regional bank and as an accountant with Ernst and Young in Birmingham, Alabama.

Chapman received his M.B.A. and B.S. in Accounting from Troy University.  He is a licensed C.P.A. in the state of Alabama. Chapman is involved in many community and non-profit organizations and has served as a board or committee member of the Community Development Foundation of Tupelo, the Health Care Foundation of North Mississippi, North Mississippi Medical Center, Yocona Area Council of the Boy Scouts of America, United Way of Northeast Mississippi, and the North Mississippi Symphony Orchestra.

Chapman has served as a past board member of Mississippi Bankers Association and
Mississippi Young Bankers. Additionally, he has served on various committees for the American Bankers Association.

ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank, a 121-year-old financial services institution. As of April 1, 2025, Renasant has assets of approximately $26.0 billion and operates more than 280 banking, lending, mortgage and wealth management offices throughout the Southeast and offers factoring and asset-based lending on a nationwide basis.

Contacts:	For Media:		For Financials:
	John S. Oxford		James C. Mabry IV
	Senior Vice President		Executive Vice President
	Chief Marketing Officer		Chief Financial Officer
	(662) 680-1219		(662) 680-1281

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2c43105d-19a8-4344-a211-8c758211b062

FAQ

Who is the new CEO of Renasant Corporation (RNST)?

Kevin D. Chapman has been appointed as the new Chief Executive Officer and President of both Renasant Corporation and Renasant Bank.

What role will former Renasant (RNST) CEO C. Mitchell Waycaster have?

C. Mitchell Waycaster will continue as Executive Vice Chairman, focusing on strategic planning, investor relations, mergers and acquisitions, and board level oversight.

When did Kevin Chapman become CEO of Renasant (RNST)?

Kevin Chapman officially assumed the role of CEO and President of Renasant Corporation and Renasant Bank on May 1, 2025.

Was this a planned leadership change at Renasant (RNST)?

Yes, this leadership transition was part of Renasant's previously announced succession plan, as confirmed by Board Chairman E. Robinson McGraw.