Home BancShares in Conway, Ark., has promoted an executive to chief financial officer after Randy Mayor retired.

The $7.5 billion-asset company on Wednesday appointed Brian Davis as CFO and treasurer. Mayor retired as CFO the same day; he also resigned as a director of both Home BancShares and its Centennial Bank unit. Mayor, who is in his early 50s, had been CFO since 2004.

"I wish [Mayor] the best of luck in retirement as he focuses his energy on pursuing his non-banking interests and spending time with his family," Home Chairman Johnny Allison said in a news release.

Davis previously worked as Home's chief accounting officer and investor relations officer. The 50-year-old Davis will also become a director of the bank and the holding company. Davis has been with Home since 2004 and previously worked for Simmons First National in Pine Bluff, Ark.

Home promoted Jennifer Floyd to succeed Davis as chief accounting officer. Floyd joined Home last month as director of financial reporting. She previously worked for Deloitte & Touche and has experience in auditing public and private companies.

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