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Simmons First National Corporation Announces CEO Retirement and Leadership Transition

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Simmons First National Corporation (NASDAQ: SFNC) announced that Chairman and CEO George Makris, Jr. will retire at the end of 2025. Current President Jay Brogdon will assume the CEO role and join the boards of directors effective January 1, 2026. Additionally, Marty Casteel, former Chairman, CEO, and President of Simmons Bank and current director, will become Chairman of both the Company and Simmons Bank.

Under Makris's decade-plus leadership, Simmons underwent significant geographic expansion and growth. Brogdon, who has served as President since January 2023, currently oversees revenue lines, finance, operations, IT, and corporate strategy. He joined Simmons in 2021 as CFO after 13 years at Stephens Inc. and four years at Deloitte.

Simmons First National Corporation (NASDAQ: SFNC) ha annunciato che il Presidente e CEO George Makris, Jr. si ritirerà alla fine del 2025. L'attuale Presidente Jay Brogdon assumerà il ruolo di CEO e entrerà a far parte dei consigli di amministrazione a partire dal 1° gennaio 2026. Inoltre, Marty Casteel, ex Presidente, CEO e Presidente di Simmons Bank e attuale direttore, diventerà Presidente sia della Società che di Simmons Bank.

Sotto la guida di Makris, durata più di un decennio, Simmons ha vissuto una significativa espansione geografica e crescita. Brogdon, che ricopre il ruolo di Presidente dal gennaio 2023, supervisiona attualmente le linee di ricavo, la finanza, le operazioni, l'IT e la strategia aziendale. È entrato in Simmons nel 2021 come CFO dopo 13 anni presso Stephens Inc. e quattro anni in Deloitte.

Simmons First National Corporation (NASDAQ: SFNC) anunció que el presidente y CEO George Makris, Jr. se retirará a finales de 2025. El actual presidente Jay Brogdon asumirá el cargo de CEO y se unirá a los consejos de administración a partir del 1 de enero de 2026. Además, Marty Casteel, ex presidente, CEO y presidente de Simmons Bank y actual director, será el nuevo presidente tanto de la compañía como de Simmons Bank.

Bajo el liderazgo de Makris, que duró más de una década, Simmons experimentó una significativa expansión geográfica y crecimiento. Brogdon, que ha sido presidente desde enero de 2023, supervisa actualmente las líneas de ingresos, finanzas, operaciones, TI y estrategia corporativa. Se unió a Simmons en 2021 como CFO tras 13 años en Stephens Inc. y cuatro años en Deloitte.

Simmons First National Corporation (NASDAQ: SFNC)는 회장 겸 CEO인 George Makris, Jr.가 2025년 말에 은퇴할 것이라고 발표했습니다. 현재 사장인 Jay Brogdon이 2026년 1월 1일부로 CEO 직책을 맡고 이사회에 합류할 예정입니다. 또한, 전 Simmons Bank의 회장, CEO, 사장이자 현재 이사인 Marty Casteel이 회사와 Simmons Bank의 회장직을 맡게 됩니다.

Makris가 10년 넘게 이끌면서 Simmons는 지리적 확장과 성장을 크게 이루었습니다. 2023년 1월부터 사장직을 맡고 있는 Brogdon은 현재 매출 부문, 재무, 운영, IT 및 기업 전략을 총괄하고 있습니다. 그는 13년간 Stephens Inc.와 4년간 Deloitte에서 근무한 후 2021년에 CFO로 Simmons에 합류했습니다.

Simmons First National Corporation (NASDAQ: SFNC) a annoncé que le président et CEO George Makris, Jr. prendra sa retraite à la fin de 2025. L'actuel président Jay Brogdon assumera le rôle de CEO et rejoindra les conseils d'administration à compter du 1er janvier 2026. De plus, Marty Casteel, ancien président, CEO et président de Simmons Bank et actuel administrateur, deviendra président à la fois de la société et de Simmons Bank.

Sous la direction de Makris pendant plus de dix ans, Simmons a connu une expansion géographique et une croissance significatives. Brogdon, qui est président depuis janvier 2023, supervise actuellement les lignes de revenus, les finances, les opérations, l'informatique et la stratégie d'entreprise. Il a rejoint Simmons en 2021 en tant que CFO après 13 ans chez Stephens Inc. et quatre ans chez Deloitte.

Simmons First National Corporation (NASDAQ: SFNC) gab bekannt, dass Vorstandsvorsitzender und CEO George Makris, Jr. Ende 2025 in den Ruhestand treten wird. Der derzeitige Präsident Jay Brogdon wird zum CEO ernannt und tritt ab dem 1. Januar 2026 in die Vorstände ein. Zudem wird Marty Casteel, ehemaliger Vorsitzender, CEO und Präsident von Simmons Bank sowie aktueller Direktor, Vorsitzender sowohl des Unternehmens als auch der Simmons Bank.

Unter Makris’ mehr als zehnjähriger Führung erlebte Simmons eine bedeutende geografische Expansion und Wachstum. Brogdon, der seit Januar 2023 Präsident ist, verantwortet derzeit die Umsatzbereiche, Finanzen, Betrieb, IT und Unternehmensstrategie. Er kam 2021 als CFO zu Simmons, nachdem er 13 Jahre bei Stephens Inc. und vier Jahre bei Deloitte tätig war.

Positive
  • Smooth leadership transition with experienced internal candidate Jay Brogdon
  • Demonstrated stability with 116 consecutive years of cash dividends
  • Strong recent recognition including America's Best Regional Banks 2025 by Newsweek
Negative
  • Loss of experienced CEO who led company through period of significant growth
  • Potential strategic direction changes under new leadership

PINE BLUFF, Ark., Aug. 4, 2025 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) (Simmons or Company) today announced that George Makris, Jr. has decided to retire as Chairman and CEO of the Company and Simmons Bank at the end of 2025. Jay Brogdon, who currently serves as President of the Company and Simmons Bank, will assume the additional role of CEO and join the boards of directors effective January 1, 2026. Marty Casteel, former Chairman, CEO, and President of Simmons Bank and a current director of the Company and Simmons Bank, will become Chairman of both entities effective January 1, 2026.

"We are very thankful to George for his decade-plus tenure as CEO, overseeing the Company's geographic transformation that led to a period of unprecedented growth, often during complex and challenging environments," said Steve Cosse, lead independent director of Simmons First National Corporation. "Under George's leadership, the Board has taken a deliberate and measured approach to succession planning. As a result, Simmons has developed a talented executive leadership team with a long runway."

"It has been a privilege to serve as Chairman and CEO of Simmons, and I am grateful for the support of the Board and all our associates," said Makris. "Together, we have worked to build a regional bank people value and trust, and I am incredibly proud of what we have accomplished. The Board and I are confident the time is right for this transition, and Jay is well-prepared to succeed in his new role. Marty has been a trusted colleague for many years and is eminently qualified to serve as independent Chairman. I look forward to seeing continued progress toward building shareholder value through the achievement of our ambitious strategic objectives."

Brogdon has served as President since January 2023, overseeing all revenue lines, finance, operations, information technology and corporate strategy. Prior to joining Simmons in 2021 as Chief Financial Officer, Brogdon worked at Stephens Inc. for over 13 years where he served as managing director in the investment banking division. Prior to Stephens, he served four years at Deloitte.

"I am honored to lead Simmons and humbled to follow in the footsteps of George, Tommy May and the many incredible leaders who came before me," said Brogdon. "One of those leaders is Marty, who is well-respected throughout our industry. I look forward to working with him given the wealth of knowledge and expertise he brings from his 30-plus year career in banking.

"Simmons is committed to building value for our customers, communities, and shareholders, and our team does this with great integrity and passion. We will continue to build upon our longstanding culture and are excited about the opportunities ahead."

Simmons First National Corporation

Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company that has paid cash dividends to its shareholders for 116 consecutive years. Its principal subsidiary, Simmons Bank, operates more than 220 branches in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach. Recently, Simmons Bank was recognized by Newsweek as one of America's Greatest Workplaces 2025 in Arkansas. In 2024, Simmons Bank was recognized by Newsweek as one of America's Best Regional Banks 2025, by U.S. News & World Report as one of the 2024-2025 Best Companies to Work For in the South and by Forbes as one of America's Best-In-State Banks 2024 in Tennessee and America's Best-In-State Employers 2024 in Missouri. Additional information about Simmons Bank can be found on our website at simmonsbank.com, by following @Simmons_Bank on X (formerly Twitter) or by visiting our newsroom.

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SOURCE Simmons First National Corporation

FAQ

When is George Makris Jr. retiring as CEO of Simmons First National (SFNC)?

George Makris Jr. will retire as Chairman and CEO of Simmons First National Corporation at the end of 2025.

Who will be the new CEO of Simmons First National (SFNC)?

Jay Brogdon, current President of Simmons, will become CEO effective January 1, 2026.

What is Jay Brogdon's background at Simmons First National (SFNC)?

Jay Brogdon has served as President since January 2023, joined as CFO in 2021, and previously worked at Stephens Inc. for 13 years as managing director in investment banking.

Who will be the new Chairman of Simmons First National (SFNC)?

Marty Casteel, former Chairman, CEO, and President of Simmons Bank and current director, will become Chairman effective January 1, 2026.

What are George Makris Jr.'s major achievements as CEO of SFNC?

Under Makris's leadership, Simmons underwent significant geographic transformation and unprecedented growth during his decade-plus tenure as CEO.
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