SOUTH STATE CORPORATION (NASDAQ:SSB) 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.
South State Corporation (“SSB” or the “Company”) has appointed and named L. Andrew “Andy” Westbrook, the Chief Risk Officer (“CRO”). This change in responsibility became effective July20, 2017. Prior to his appointment as CRO, Mr.Westbrook had served as director of risk management since 2014, and previously served as a regional president following the merger between South State Corporation and Peoples Bancorporation in 2012. Over the past threeyears and under his leadership, Mr.Westbrook has established a risk management program that has the Company well-positioned for the future.
Renee R. Brooks will continue to serve as Chief Administrative Officer (“CAO”) and Senior Executive Vice President. Her knowledge of the many functions within our financial institution and leadership role in the Company will allow her to continue to support Mr.Westbrook in his responsibilities as CRO.
Information regarding Ms.Brooks, including their business experience and relationships with the Company, has been previously reported in the Company’s proxy statement filed March6, 2017, and in the Company’s Annual Report on Form10‑K filed on February24, 2017, and such information is incorporated by reference herein.
Item 5.02 Financial Statements and Exhibits
(d)Exhibits.
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ExhibitNo. |
Description |
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99.1 |
Press release announcing Mr.Westbrook’s appointment as CRO of South State Corporation, dated July26, 2017. |
