Southside Bancshares, Inc. and Southside Bank Announces Executive Changes
January 03, 2017 at 05:12 pm EST
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Southside Bancshares, Inc. announced that effective December 31, 2016, in connection with the board-approved succession plan previously reported in the company's current report on Form 8-K filed June 15, 2016, Sam Dawson retired as Chief Executive Officer of the company and the company's subsidiary, Southside Bank. As previously reported, Mr. Dawson will continue as a member of the board of directors of the company and of the bank. Also effective December 31, 2016, President Lee R. Gibson assumed the additional position of Chief Executive Officer and will serve as President and Chief Executive Officer and as a director of the company and of the bank.
Southside Bancshares, Inc. is a bank holding company for Southside Bank. The Company operates through approximately 55 branches, 13 of which are located in grocery stores, in addition to wealth management and trust services, and/or loan production, brokerage or other financial services offices. It is a community-focused financial institution that offers a full range of financial services to individuals, businesses, municipal entities and nonprofit organizations in the communities that it serves. Its consumer loan services include 1-4 family residential loans, home equity loans, home improvement loans, automobile loans and other consumer related loans. Its commercial loan services include commercial real estate loans and municipal loans. The Company's trust and wealth management services include investment management, administration of irrevocable, revocable and testamentary trusts, and custodian services, primarily for individuals and, to a lesser extent, partnerships and corporations.
SOUTHSIDE BANCSHARES, INC. 
