BANCORPSOUTH, INC. (NYSE:BXS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

BANCORPSOUTH, INC. (NYSE:BXS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 2, 2017, the board of directors (the “Board”) of BancorpSouth, Inc. (the “Company”) appointed Chris A. Bagley as the interim Chief Financial Officer and Treasurer of the Company, and the BancorpSouth Bank (the “Bank”) board of directors appointed Mr. Bagley to related interim positions for the Bank. These appointments are to be effective on March 11, 2017, immediately following the retirement of the Company’s current Chief Financial Officer, William L. Prater (previously disclosed in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on November 16, 2016).

Mr. Bagley will continue to serve in these interim roles until the Board appoints a new Chief Financial Officer. The Company has engaged a search firm and is actively working with this firm to identify candidates for this position.

Mr. Bagley has served as the Company’s President and Chief Operating Officer since August 15, 2014 and will continue to serve in these positions while fulfilling his interim duties. Background information regarding Mr. Bagley and his business experience is included in the Company’s Annual Report on Form 10-K that was filed with the SEC on February 27, 2017 and the Company’s Current Report on Form 8-K that was filed with the SEC on June 27, 2014. This information is incorporated by reference into this Current Report.

There are no family relationships between Mr. Bagley and any director or other executive officer of the Company, and Mr. Bagley was not appointed to any position with the Company or the Bank to any arrangement or understanding with any person.

There are no transactions involving Mr. Bagley and the Company that require disclosure under Item 404(a) of Regulation S-K. In connection with his appointment to these interim positions with the Company and the Bank, the Company and Mr. Bagley did not enter into any new, and did not amend any existing, compensatory or other material plans, contracts or arrangements, nor did the Company make any additional grants or awards to Mr. Bagley.

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About BANCORPSOUTH, INC. (NYSE:BXS)

BancorpSouth, Inc. is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company’s segments include Community Banking, Insurance Agencies, and General Corporate and Other. Its Community Banking segment provides a range of deposit products, commercial loans and consumer loans. Its Insurance Agencies segment serves as agents in the sale of commercial lines of insurance and full lines of property and casualty, life, health and employee benefits products and services. Its General Corporate and Other segment includes mortgage lending, trust services, credit card activities, investment services and other activities not allocated to the Community Banking or Insurance Agencies segments.

BANCORPSOUTH, INC. (NYSE:BXS) Recent Trading Information

BANCORPSOUTH, INC. (NYSE:BXS) closed its last trading session 00.00 at 31.40 with 525,812 shares trading hands.

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