Home BancShares in Conway, Ark., didn’t have to look far to find its next president and CEO.
The $14.9 billion-asset company said in a press release Thursday that Randy Sims, 65, had retired. He was succeeded by Johnny Allison, who was Home’s CEO from 1989 to 2009 and is still its chairman.
Allison, who was 72 when Home filed its proxy statement in April, was one of American Banker's
Sims also retired as Home’s vice chairman and as chairman of Centennial Bank. Jack Engelkes, a Home director, succeeded Sims as vice chairman, while Tracy French, Centennial’s president and CEO, is now the bank’s chairman.
“The past 20-plus years have been the best of my life,” Sims said in the release. “It is now time for me to concentrate and spend time with my incredible wife, my five children and six grandchildren and the life adventures ahead of us.”
