Alabama's Compass Bancshares reached the end of an era recently when director and co-founder Harry B. Brock Jr. resigned.

Mr. Brock, 69, said in an interview last week that he had decided to leave on March 22, one year before the scheduled end of his term, because last year's bitter proxy battle had left him without influence on the Compass board. Mr. Brock's attempt to take over the board and force a sale of the $10.3 billion-asset bank ended in defeat at last year's shareholders meeting.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.