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

PROSPERITY BANCSHARES, INC. (NYSE:PB) 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.

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On February 12, 2019, Prosperity Bancshares, Inc. (the “Company”) announced that David Hollaway, Chief Financial Officer of the Company and its subsidiary, Prosperity Bank (“the Bank”), will retire effective April 1, 2019. Following his retirement, Mr. Hollaway plans to continue to work with the Bank in a reduced capacity for at least two years, assisting with the transition of his duties and other financial and operational matters.The Company is working to identify a successor in the near future.

A copy of the press release announcing Mr. Hollaway’s retirement is filed as Exhibit99.1 hereto and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits. The following is furnished as an exhibit to this Current Report on Form 8-K:

PROSPERITY BANCSHARES INC Exhibit
EX-99.1 2 pb-ex991_6.htm EX-99.1 pb-ex991_6.htm Exhibit 99.1           PRESS RELEASE For more information contact:     Prosperity Bancshares,…
To view the full exhibit click here

About PROSPERITY BANCSHARES, INC. (NYSE:PB)

Prosperity Bancshares, Inc. is a financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (the Bank). The Bank provides a range of financial products and services to small and medium-sized businesses and consumers. The Company’s additional products and services include trust services, brokerage, mortgage lending, credit card and independent sales organization (ISO) sponsorship operations. The Company also has a trust department, which provides trust services in the Company’s various market areas. The Bank offers a range of loan products, including term loans, lines of credit and loans for working capital, business expansion and the purchase of equipment and machinery; land development and interim construction loans for builders, and owner-occupied and non-owner occupied commercial real estate loans. The Bank also offers other loans, such as commercial and industrial loans, one- to four-family residential loans, agriculture loans and consumer loans.

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