On December 31, 2013, J. Thomas May retired as Chairman and Chief Executive Officer and as Director of the Simmons First National Corporation. While Mr. May has agreed to make himself available for consultation as requested, he has elected not to enter into any formal relationship with the company for continued service. Election of George A. Makris as Chairman and Chief Executive Officer on January 1, 2014, George A. Makris assumed the duties of Chairman and Chief Executive Officer of the company.

Mr. Makris has served as CEO-Elect since January 2, 2013 and has served as a director of the company since 1997 and served as chairman of the Audit & Security Committee from 2007 until 2012. Prior to becoming CEO-Elect of the company, Mr. Makris was the President of M.K. Distributors Inc.