RENASANT CORPORATION (NASDAQ:RNST) 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 and Exhibit 10.1 have been revised accordingly.
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
of Renasant Corporation (the Company), tendered his resignation
to the Company. Mr. Ross has agreed to remain with the Company
for a transition period, and his resignation will be effective as
of June 30, 2017. In connection with such resignation, the
Company and Mr. Ross have entered into a separation agreement
consistent with the terms of his employment agreement. to this
separation agreement, and as a condition to the Companys payment
to Mr. Ross of amounts due under his employment agreement, Mr.
Ross has reaffirmed his commitment to the non-competition and
non-solicitation covenants included in his employment agreement,
and he will execute and deliver a general waiver and release in
favor of the Company upon the effectiveness of his resignation.
complete and is qualified in its entirety by reference to the
agreement itself, a copy of which is filed as Exhibit 10.1 hereto
and incorporated herein by reference.
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Exhibit Number
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Description of Exhibit
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10.1
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Separation Agreement between Renasant Corporation and
Michael D. Ross |
About RENASANT CORPORATION (NASDAQ:RNST)
Renasant Corporation is a bank holding company that owns and operates Renasant Bank (the Bank) and Renasant Insurance, Inc. (Renasant Insurance), a subsidiary of the Bank with operations in Mississippi. The Company operates through three segments: Community Banks segment, Insurance segment and Wealth Management segment. The Community Banks segment offers a range of banking and financial services to individuals and small to medium-sized businesses. The Insurance segment includes an insurance agency offering all lines of commercial and personal insurance through major carriers. The Wealth Management segment offers a range of fiduciary services, which includes the administration and management of trust accounts, including personal and corporate benefit accounts, self-directed individual retirement accounts (IRAs), and custodial accounts. In addition, the Wealth Management segment offers annuities, mutual funds and other investment services through a third-party broker-dealer. RENASANT CORPORATION (NASDAQ:RNST) Recent Trading Information
RENASANT CORPORATION (NASDAQ:RNST) closed its last trading session down -0.96 at 38.67 with 82,268 shares trading hands.
