Succession planning

Glen Burnie Bancorp in Maryland has appointed a successor to its outgoing president and chief executive.

Evans, soon to retire as CEO of Cullen/Frost Bankers, believes his company is well positioned to withstand the fallout from low oil prices. He is advising his successor to avoid the temptation to panic and focus on the long view.

Lighthouse Bank in Santa Cruz, Calif., has brought back one of its co-founders to become its president. The $176 million-asset bank said in a press release that Jon Sisk had become its president on Monday.

Cross Keys Bank in St. Joseph, La., has named a new president and elected a new chairman.

The industry's rapid change is shining a spotlight on middle and senior managers who inherit positions and often have to fix the messes — while maintaining the successes — of their predecessors.

The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.

The Minneapolis bank has promoted longtime executive Andrew Cecere to president, a title held by Chairman and CEO Richard Davis for more than a decade.

International events like the Davos economic forum should remind business leaders of the importance of being stewards and of having workforce diversity.

Middlesex Savings Bank in Natick, Mass., has promoted a senior banker to chief commercial credit officer.

DNB Financial in Downingtown, Pa., said its chairman and chief executive, William Latoff, has died. He was 67.