Simmons First National in Pine Bluff, Ark., has promoted several executives, as David Bartlett announced his plans to retire as president and chief banking officer.
The $7.6 billion-asset company said Bartlett will retire in December. Simmons has named Barry Ledbetter chief banking officer to succeed him. Ledbetter was previously chairman of Simmons' Central/Northeast Arkansas region.
Additionally, Simmons promoted Matt Reddin to the new position of chief lending officer, and Adam Mitchell to the new position of chief retail officer. Simmons did not disclose Reddin's and Mitchell's previous positions.
Simmons has not finalized its plans for the role of president after Bartlett retires.
Simmons also plans to consolidate its three existing Arkansas regions into one region and it named Freddie Black as leader of the region.
Bartlett joined Simmons First following its 2003 acquisition of Alliance Bank of Hot Springs in Arkansas, where he was founder and chief executive. Bartlett is also a former chairman of the Arkansas Bankers Association.
"[Bartlett] led the transition from an eight-bank holding company to our current organization," George Makris, chairman and chief executive, said in a news release.