Commercial real estate is property used to run businesses or earn rental income—examples include office buildings, shopping centers, warehouses and apartment complexes leased to tenants. Investors care because these properties generate regular cash flow through rent and can change value with the economy, interest rates and local demand, so owning them is like owning a small business that depends on customers, location and ongoing costs.
information securitytechnical
Information security is the practice of protecting digital data and the systems that store, process, or transmit it from theft, damage, or unauthorized access. For investors it matters because breaches can lead to financial loss, legal penalties, operational disruption and damage to reputation—similar to a physical store losing inventory or customer trust—so stronger protections reduce risk and help preserve a company’s value.
cybersecuritytechnical
Cybersecurity involves protecting computers, networks, and digital information from theft, damage, or unauthorized access. It is essential for safeguarding sensitive data and maintaining trust in digital systems, which matters to investors because strong cybersecurity reduces the risk of costly breaches and disruptions that can impact a company’s performance and reputation. Think of it as locking and safeguarding valuable information much like securing a safe to prevent theft.
mergers and acquisitionsfinancial
Mergers and acquisitions are processes where companies combine or one company purchases another to grow or improve their business. Think of it like two teams joining forces or one team buying out another to become stronger and more competitive. These activities matter to investors because they can influence a company's value, future growth, and overall market position.
corporate governanceregulatory
Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.
SEC compliance means that a public company follows the rules and disclosure requirements set by the U.S. Securities and Exchange Commission, including accurate financial reporting, timely filings, and truthful public statements. For investors, it matters because these rules act like safety rails and a clear mirror: they help ensure companies provide reliable information, reduce the chance of fraud or surprises, and make it easier to compare and trust different investments.
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STUART, Fla.--(BUSINESS WIRE)--
Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF) announced today that it has appointed Michael (“Mike”) E. Griffin, Kathleen (“Kathy”) B. Kay and Randolph (“Randy”) A. Moore, III, to the Board of Directors of both the company and its bank subsidiary, Seacoast National Bank (“Seacoast Bank”).
“During the first quarter of 2026, we proactively refreshed our Board to align its capabilities with Seacoast’s strategic priorities and to prepare for anticipated director retirements in the coming years,” said Charles M. Shaffer, Chairman and CEO of Seacoast. “By adding directors with deep expertise in Florida commercial real estate, technology and information security, and legal and financial services governance, we are strengthening board oversight, reinforcing disciplined succession planning, and building a governance framework designed to support long‑term shareholder value.”
Mr. Griffin is Vice Chairman and Co‑Head of the Florida region at Savills, Inc., a global commercial real estate advisory firm. He brings more than 22 years of senior‑level commercial real estate experience, having advised some of the largest real estate users across the Southeastern United States. Mr. Griffin previously served as Senior Vice President of Vertical Integration, a full‑service commercial real estate firm acquired by Savills, where he held leadership roles for over eight years. Mr. Griffin’s leadership experience and deep market knowledge are expected to further strengthen the Seacoast and Seacoast Bank Boards’ oversight and strategic perspective.
Ms. Kay is the Executive Vice President and Chief Information Officer at Principal Financial Group® (NASDAQ: PFG), a global financial services firm specializing in retirement solutions, asset management, and workplace benefits for businesses, individuals, and institutional clients. She has held this position since May 2020. In her role, Ms. Kay is responsible for overseeing the company’s global technology and digital strategies, including information technology operations, information security, data and analytics, artificial intelligence, and enterprise innovation. Prior to joining Principal Financial Group in 2020, Ms. Kay served as Senior Vice President and Chief Information Officer of Pacific Gas & Electric Company and has held senior leadership roles at SunTrust, Comerica Bank, and General Motors. Ms. Kay brings deep expertise in cybersecurity, information security, and technology risk management, with responsibility for global IT operations, cyber defense, data and analytics, and digital strategy to the Seacoast and Seacoast Bank boards.
Mr. Moore recently retired as a senior partner from Alston & Bird, LLP, where he practiced law for more than 30 years, focusing on mergers and acquisitions, corporate governance, SEC compliance, and corporate finance, with a particular emphasis on the financial services industry. His practice included extensive experience advising banks and bank holding companies, as well as investment advisers, broker-dealers, and insurance companies. Mr. Moore regularly counseled public and private company boards and executive management teams on complex corporate transactions, public and private offerings of equity, debt, and hybrid securities, and strategic, regulatory and compliance matters. Mr. Moore brings extensive legal, corporate governance, and regulatory expertise to the Seacoast and Seacoast Bank Boards.
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 $20.8 billion in assets and $16.3 billion in deposits as of December 31, 2025. Seacoast provides integrated financial services including commercial and consumer banking, wealth management, and mortgage and insurance services to customers at 104 full-service branches across Florida and Georgia, and through advanced mobile and online banking solutions. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida. 19 branches recently acquired in The Villages® community and in North Central Florida will operate under the name Citizens First Bank until Seacoast’s system conversion takes place in 2026. For more information about Seacoast, visit www.SeacoastBanking.com.
