MidSouth Bancorp, Inc. (NYSE:MSL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
MidSouth Bancorp, Inc. (NYSE:MSL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 14, 2016, the Board of Directors of MidSouth Bancorp, Inc. (the “Company”) appointed Troy Cloutier, President and Chief Executive Officer of MidSouth Bank, to serve as a member of the Company’s Board of Directors, effective January 1, 2017. Mr. Cloutier will also be a member of the Company’s Executive Committee and will serve as an ex-officio member of the Company’s Risk Committee. He will fulfill the remainder of Will Charbonnet Sr.’s term, which expires in 2019, and will serve as a Class II Director. Mr. Charbonnet announced his retirement from the board, effective December 31, 2016, on September 19, 2016.
Mr. Cloutier was not selected for this position to any arrangement or understanding between him and any other person. There are no related party transactions (as defined in Item 404(a) of Regulation S-K) between the Company and Mr. Cloutier.
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About MidSouth Bancorp, Inc. (NYSE:MSL)
MidSouth Bancorp, Inc. is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas. Deposit products and services offered by the Bank include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services and electronic banking services, including remote deposit capturing services, Internet banking, and debit and credit cards. Loans offered by the Bank include commercial and industrial loans, commercial real estate loans (both owner-occupied and non-owner occupied), other loans secured by real estate and consumer loans. MidSouth Bancorp, Inc. (NYSE:MSL) Recent Trading Information
MidSouth Bancorp, Inc. (NYSE:MSL) closed its last trading session down -0.10 at 14.25 with 10,476 shares trading hands.
MidSouth Bancorp, Inc. is a financial holding company. The Company operates primarily through its wholly owned bank subsidiary, MidSouth Bank, N.A. The Company is operating principally in the community banking business by providing banking services to commercial and retail customers through the Bank. The Bank is community oriented and focuses primarily on offering commercial and consumer loan and deposit services to individuals and small to middle market businesses in Louisiana, and central and east Texas. Deposit products and services offered by the Bank include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services and electronic banking services, including remote deposit capturing services, Internet banking, and debit and credit cards. Loans offered by the Bank include commercial and industrial loans, commercial real estate loans (both owner-occupied and non-owner occupied), other loans secured by real estate and consumer loans. MidSouth Bancorp, Inc. (NYSE:MSL) Recent Trading Information
MidSouth Bancorp, Inc. (NYSE:MSL) closed its last trading session down -0.10 at 14.25 with 10,476 shares trading hands.
