IBERIABANK CORPORATION (NASDAQ:IBKC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)On August 28, 2017, John R. Davis resigned as Senior Executive Vice President – Mergers and Acquisitions and Investor Relations of IBERIABANK Corporation (the “Company”), effective August 31, 2017.

In connection with his resignation, Mr. Davis entered into a Separation Agreement dated August 28, 2017 (the “Agreement”) with the Company to which the Company agreed to pay him a severance payment of $600,000 in exchange for and in consideration of the obligations set out in the Agreement. In addition, if Mr. Davis elects and maintains benefits under COBRA, the Company will pay medical and dental benefits for the 18-month eligibility period following the last day of his employment and, if Mr. Davis complies with his obligations under the Agreement, the Company will pay Mr. Davis $400,000 on March 1, 2018. As a condition to his receipt of benefits under the Agreement, Mr. Davis agreed to release any and all claims against the Company and to covenants with respect to client non-solicitation and employee non-recruitment.

The description of the Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement. A copy of the Agreement will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ending September 30, 2017.

About IBERIABANK CORPORATION (NASDAQ:IBKC)
IBERIABANK Corporation is a financial holding company. The Company is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency; IBERIA Capital Partners, LLC, a corporate finance services firm; 1887 Leasing, LLC, a holding company for its aircraft; IBERIA Asset Management, Inc., which provides wealth management and trust services to high net worth individuals, pension funds, corporations and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE L.L.C., which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services to customers throughout locations in over seven states. It operates over 320 combined offices; over 20 title insurance offices; mortgage representatives in over 70 locations; over eight wealth management locations in over five states, and one IBERIA Capital Partners L.L.C. office in Louisiana.