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Phil Baldwin to retire as president and CEO of Southern Bancorp soon
ARKADELPHIA- Southern Bancorp Inc’s board of directors and Phil Baldwin, president and CEO, today announced Baldwin’s intention to retire from the organization after a transition to new management.
Walter Smiley, chairman of the SBI board of directors, will serve as chairman and interim CEO of Southern Bancorp, Inc., the holding company for SBI’s community development bank and nonprofit affiliates. Scott Fife has been promoted to president and CEO of Southern Bancorp Bank, a wholly owned subsidiary of SBI. Tanya Wright will continue to serve as group president of SBI heading up the SBI nonprofit affiliates.
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