The chief financial officer at Synovus Financial in Columbus, Ga., plans to retire later this year.
Thomas Prescott, who was 60 as of the company's 2015 proxy statement, will retire from the $29 billion-asset company by the end of this year, according to a Tuesday filing with Securities and Exchange Commission. The timing of his retirement will depend on Synovus' hiring of his successor.
A spokesman for Synovus declined to make an additional comment on the timetable for hiring Prescott's replacement.
Prescott began working for Synovus in 1987 and has been CFO since 1996. He is a trustee of Huntingdon College in Montgomery, Ala.