Seacoast Bank Welcomes Tony Coley as Regional President, South Florida

Rhea-AI Summary

Seacoast Bank has appointed Tony Coley as Regional President for South Florida, as announced on May 20, 2024.

Tony brings over 30 years of experience, having previously held leadership roles at Truist Financial and BB&T.

He will oversee commercial banking in Miami-Dade, Broward, and Palm Beach counties, a important region for the bank's growth.

His strategic vision, community involvement, and industry expertise are seen as key assets for enhancing Seacoast's presence and client experience in South Florida.

Tony has been recognized among Florida's 500 most influential business leaders and holds various community leadership roles.

Positive

• Appointment of Tony Coley, a highly experienced leader, as Regional President for South Florida.
• Tony Coley has over 30 years of experience in the banking industry, previously serving in leadership roles at Truist Financial and BB&T.
• Tony's proven track record includes leading successful integrations of teams and processes, resulting in improved performance and engagement.
• Seacoast Bank aims to deepen its relationships and expand its presence in Miami-Dade, Broward, and Palm Beach counties, which are important for growth.
• Tony Coley's community involvement and strategic vision align with Seacoast Bank's commitment to operational excellence and enhancing client experience.
• Recognition of Tony Coley among Florida's 500 most influential business leaders and as a Power Leader in Banking & Finance.

Negative

• No immediate mention of new financial metrics or revenue projections directly tied to Tony Coley's appointment.
• Potential challenges in integrating Tony's leadership style and strategies with existing Seacoast Bank operations and culture.
• Unspecified timeframe for achieving the anticipated growth and operational enhancements in South Florida.

STUART, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Seacoast Bank, the banking subsidiary of Seacoast Banking Corporation of Florida (NASDAQ: SBCF) and one of the largest community banks in Florida, welcomes Tony Coley as Regional President for South Florida. Tony has over three decades of demonstrated success leading high-performing teams and has a profound understanding of the South Florida market.

"Tony is passionate about new business development, community involvement and company culture which aligns perfectly with our strategic commitment to excellence in South Florida, deepening relationships and expanding our presence in one of the state’s most vibrant regions,” said Chuck Shaffer, Chairman and CEO of Seacoast Bank. “His bold leadership and industry expertise will play a pivotal role as we continue to strengthen our impact in South Florida."

In this role, Tony will oversee Seacoast Bank's commercial banking efforts across Miami-Dade, Broward, and Palm Beach counties — a region crucial to the bank's growth strategy. His appointment reaffirms Seacoast's dedication to these communities, leveraging his proven leadership abilities to drive significant market engagement and operational excellence.

"Tony's depth of knowledge, strategic vision, and influence in the community make him uniquely qualified to lead our growth and expansion efforts in South Florida,” said Chris Rolle, EVP, Commercial Banking Executive. “His leadership will be instrumental in aligning our operations and enhancing our client experience in this vital region."

Tony previously served as Executive Vice President, Group Regional President (Southern Regions) at Truist Financial Corporation, where he led successful integrations of teams, cultures, and processes following multiple mergers, resulting in improved performance and engagement. During his tenure, he oversaw four regional headquarters, nearly 200 retail branches, and over 2000 employees, achieving top-tier commercial sales performance outcomes. Prior to Truist, he held executive leadership roles at BB&T.

His numerous accomplishments include multi-year recognition among Florida's 500 most influential business leaders by Florida Trend and as a Power Leader in Banking & Finance by the South Florida Business Journal.

A Miami native, Tony is deeply involved in the South Florida community. He graduated from the University of Miami, where he was a starting linebacker and Academic All-American for the Hurricanes football team. Tony currently serves on several nonprofit boards, including OneBlood, the Crockett Foundation, and the Broward Black Chamber. He is also a member of the Orange Bowl Committee, Leadership Florida, The Broward Workshop, Young Presidents Organization (YPO) and Sigma Pi Phi (Boule). For more information about Seacoast Bank, please visit seacoastbank.com.

About Seacoast Banking Corporation of Florida (NASDAQ: SBCF)
Seacoast Banking Corporation of Florida (NASDAQ: SBCF) is one of the largest community banks headquartered in Florida, with approximately $14.8 billion in assets and $12 billion in deposits as of March 31, 2024. Seacoast provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 77 full-service branches across Florida, and through advanced mobile and online banking solutions. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida. For more information about Seacoast, visit www.SeacoastBanking.com.

Tony Coley
Regional President, South Florida

CONTACT:
Chloe Swicegood
chloe@sachsmedia.com  
(386) 837-5102

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/32a47e3f-3b37-4e4e-a25d-cf35d0f10f02

FAQ

Who is the new Regional President for Seacoast Bank in South Florida?

Tony Coley has been appointed as the Regional President for Seacoast Bank in South Florida.

When was Tony Coley appointed as Regional President of Seacoast Bank?

Tony Coley was appointed on May 20, 2024.

What regions will Tony Coley oversee as Regional President for Seacoast Bank?

Tony Coley will oversee Miami-Dade, Broward, and Palm Beach counties in South Florida.

What is Tony Coley's previous experience before joining Seacoast Bank?

Tony Coley previously held leadership roles at Truist Financial and BB&T.

What recognition has Tony Coley received in the banking industry?

Tony Coley has been recognized among Florida's 500 most influential business leaders and as a Power Leader in Banking & Finance.

What community roles does Tony Coley hold?

Tony Coley serves on several nonprofit boards and is involved with organizations such as the Orange Bowl Committee and Leadership Florida.