Succession planning

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.

Patriot National Bancorp in Stamford, Conn., said that its chief financial officer resigned this week and that it has hired a former Connecticut community bank executive to replace her.

Bank of Oak Ridge in Oak Ridge, N.C., has a successor for its departing president and chief executive.

MainSource Financial Group in Greensburg, Ind., has named Karen Woods as chief risk officer and corporate counsel.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

Enterprise Financial Services in Clayton, Mo., has announced the retirement of its bank's executive chairman and chief credit officer.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations.

Four Oaks Fincorp in Four Oaks, N.C., has appointed Lisa Herring chief operating officer of the company and Four Oaks Bank & Trust.

Oak Valley Bancorp in Oakdale, Calif., has promoted Jeff Gall to chief financial officer. Gall had been the vice president of finance and accounting.

Prime Meridian Holding in Tallahassee, Fla., has tapped a board member to serve as its new chief financial officer.

KeySavings Bank in Wisconsin Rapids, Wis., has promoted a vice president to chief executive.

Franklin Savings Bank in Franklin, N.H., has tapped its chief operating officer to succeed Jeffery Savage, when he retires as CEO next year.

Rockhold, Brown & Co. Bank in Bainbridge, Ohio, has tapped its chief financial officer to succeed Bill Hubbard as chief executive.

First Farmers and Merchants in Columbia, Tenn., promoted Brian Williams to president of both the holding company and First Farmers and Merchants Bank. The $1.2 billion-asset company also named Timothy Pettus vice chairman of the holding company and bank.