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Renasant Announces Chief Financial Officer Transition

(Neutral)
(Very Positive)
Tags

Renasant Corporation (NASDAQ: RNST) announced that Catherine Mealor will join as Executive Vice President on October 5, 2026 and become Chief Financial Officer effective January 1, 2027. Current CFO Jim Mabry will step down at the end of 2026 and retire in early 2027.

The board intends to nominate Mabry for election to the board at the 2027 Annual Meeting, subject to standard procedures. According to Renasant, assets grew from $14 billion to $27 billion during Mabry’s tenure. The company now has approximately $27.0 billion in assets and 279 offices across the Southeast.

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Positive

  • Orderly CFO succession with overlap through end of 2026
  • Assets grew from $14 billion to $27 billion during current CFO’s tenure
  • Company scale approximately $27.0 billion in assets and 279 offices

Negative

  • None.

Market Context

RNST's recent history included a 1.13% gain after its quarterly dividend announcement, providing a p...
Analysis

RNST's recent history included a 1.13% gain after its quarterly dividend announcement, providing a positive precedent for corporate updates; this CFO transition remains a distinct event. Recent director activity was net selling, a risk to monitor.

Key Figures

CFO start date: October 5, 2026 CFO effective date: January 1, 2027 Assets: $27.0 billion +5 more
8 metrics
CFO start date October 5, 2026 Mealor joins Renasant
CFO effective date January 1, 2027 Mealor assumes CFO role
Assets $27.0 billion Renasant Corporation assets
Asset growth $14 billion to $27 billion Growth during Mabry's tenure
Banking offices 279 offices Southeastern operations
CFO experience More than 20 years Mealor's financial-services analysis experience
Mabry CFO tenure Since August 2020 Service as Renasant CFO
Director nomination timing 2027 Annual Meeting Proposed nomination of Mabry

Historical Context

5 past events · Latest: Aug 13 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Aug 13 Quarterly dividend Positive +1.1% Board approved a $0.24 quarterly cash dividend payable September 30, 2026.
Jul 28 2Q26 earnings Positive -0.1% Second-quarter net income reached $87.1 million with diluted EPS of $0.94.
Jul 09 Earnings webcast Neutral +0.8% Company scheduled its second-quarter earnings release and analyst webcast for July 28-29.
May 04 Subordinated notes Positive +1.3% Company priced $300 million of subordinated notes intended to qualify as Tier 2 capital.
Apr 28 1Q26 earnings Positive -0.3% First-quarter net income was $88.2 million and the quarterly dividend increased to $0.24.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news reactions were mixed: dividend, conference and subordinated-notes announcements were followed by gains, while earnings releases were followed by declines.

Key Terms

fasb, forward-looking statements, form 10-k, form 10-q
4 terms
fasb regulatory
"She has also served on FASB’s Investor Advisory Committee since September 2021"
The Financial Accounting Standards Board (FASB) is the independent U.S. body that creates the rules companies must follow when preparing financial statements. Think of it as the rulebook and referee for corporate scorekeeping: consistent rules help investors compare businesses, judge profitability and risk, and trust that numbers mean the same thing across companies. Changes or interpretations from FASB can affect reported earnings, asset values and how investors value a company.
forward-looking statements regulatory
"statements which may constitute “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
form 10-k regulatory
"including its most recent Annual Report on Form 10-K"
A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.
form 10-q regulatory
"and subsequent Quarterly Reports on Form 10-Q"
A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TUPELO, Miss., Aug. 25, 2026 (GLOBE NEWSWIRE) -- Today, Renasant Corporation (the “Company”) announced that Catherine Mealor will join the Company as Executive Vice President and Chief Financial Officer. Jim Mabry, who has served as the Company’s Chief Financial Officer since August 2020, will step down from the Chief Financial Officer role at the end of 2026, and transition into retirement in early 2027. Mealor will officially join the Company on October 5, 2026, and assume the role of Chief Financial Officer on January 1, 2027.

The Company also announced today that the Board of Directors expressed its intention to nominate Mabry for election as a director at the Company’s 2027 Annual Meeting of Shareholders, subject to its standard nominating procedures.

“We’re excited to add Catherine Mealor to our outstanding team at Renasant as we expect her energy, experience, and strategic mindset to help lead the next chapter of our company,” said Renasant President and CEO, Kevin Chapman. “I also want to thank Jim for his service and insight to Renasant, and me, over the past six years, where we successfully navigated numerous macroeconomic events, grew from $14 billion to $27 billion in assets, significantly improved profitability and successfully completed our largest merger. Jim has helped position Renasant for future success, and I look forward to him continuing as a member of Renasant’s Board of Directors.”

“I have worked closely with Renasant Bank over my entire 23-year career at KBW and am thrilled to join the company at such an exciting time,” said Mealor. “I have great respect for Renasant’s corporate culture, strong financial performance and the way in which the company serves its clients, communities, employees and shareholders alike. I look forward to working with a team I have long admired to further enhance its financial strength and shareholder value.”

Mealor will join Renasant from Keefe, Bruyette & Woods, A Stifel Company, where she was responsible for small and mid-cap research coverage for banks throughout the southeastern United States. Mealor has more than 20 years of experience in analyzing financial services institutions and began her career at KBW as an Analyst within KBW’s investment banking department. She has also served on FASB’s Investor Advisory Committee since September 2021 and serves on the Williams School Board of Advisors at Washington and Lee University. Mealor graduated cum laude from Washington and Lee University with a BS with Special Attainments in Commerce Degree. She lives in and will office out of Atlanta, Georgia.

ABOUT RENASANT CORPORATION

Renasant Corporation is the parent of Renasant Bank, a 122-year-old financial services institution. Renasant has assets of approximately $27.0 billion and operates 279 banking, lending, mortgage and wealth management offices throughout the Southeast and offers factoring and asset-based lending on a nationwide basis. For more information, please visit www.renasantbank.com or Renasant’s IR site at www.renasant.com.

NOTE TO INVESTORS:

This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. Management believes that the assumptions underlying the Company’s forward-looking statements are reasonable, but any of the assumptions could prove to be inaccurate. Investors are urged to carefully consider the risks described in the Company’s filings with the Securities and Exchange Commission (the “SEC”) from time to time, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at www.renasant.com and the SEC’s website at www.sec.gov. The Company expressly disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

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



FAQ

What CFO transition did Renasant Corporation (NASDAQ: RNST) announce on August 25, 2026?

Renasant announced that Catherine Mealor will become Chief Financial Officer on January 1, 2027, succeeding Jim Mabry. According to Renasant, Mabry will step down as CFO at year-end 2026 and transition into retirement in early 2027, with a planned board nomination.

When will Catherine Mealor officially become CFO of Renasant (RNST)?

Catherine Mealor is scheduled to assume the Chief Financial Officer role on January 1, 2027. According to Renasant, she will first join as Executive Vice President on October 5, 2026, creating a transition period with outgoing CFO Jim Mabry through the end of 2026.

What is the future role of outgoing CFO Jim Mabry at Renasant Corporation (RNST)?

Jim Mabry will step down as CFO at the end of 2026 and retire in early 2027. According to Renasant, the board intends to nominate Mabry for election as a director at the company’s 2027 Annual Meeting, subject to standard nominating procedures.

What experience does incoming CFO Catherine Mealor bring to Renasant (NASDAQ: RNST)?

Catherine Mealor brings over 20 years of experience analyzing financial services institutions, primarily at Keefe, Bruyette & Woods. According to Renasant, she led small and mid-cap bank research in the Southeast and has served on FASB’s Investor Advisory Committee since September 2021, enhancing her regulatory perspective.

How large is Renasant Corporation (RNST) after the announced CFO transition?

Renasant reports approximately $27.0 billion in assets and 279 offices across the Southeast. According to Renasant, the company is the parent of 122-year-old Renasant Bank and also offers factoring and asset-based lending on a nationwide basis, reflecting a diversified financial services footprint.

How did Renasant’s assets change during Jim Mabry’s tenure as CFO (RNST)?

During Jim Mabry’s tenure as Chief Financial Officer, Renasant’s assets increased from about $14 billion to $27 billion. According to Renasant, this period also included significantly improved profitability and the successful completion of the company’s largest merger, supporting its current balance sheet size.