United Security Bancshares, Thomasville, Ala., said last week that chief executive and president Jack Wainwright 3d died late last month of a heart attack.

The $240 million-asset company is being run by a five-member management committee until a new president is found.

Mr. Wainwright, who was 53, suffered a massive heart attack Aug. 29 during a meeting of the bank's board of directors. The company did not make the death public until last Wednesday, when it filed notice of a management change with the Securities and Exchange Commission.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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