- After seven years on the job
- Evans will remain as Chairman at State Bank Financial Corporation
- Evans spoke at length and said 166 words
(exechange) — Atlanta, Georgia, April 27, 2017 — Joseph Evans, chief executive of State Bank Financial Corporation, hands over the reins. It is a change at short notice. As announced by State Bank Financial Corporation in a news release on Thursday, April 27, 2017, Joseph W. Evans leaves the post as Chief Executive Officer at the holding company for State Bank and Trust Company after seven years on the job, effective June 01, 2017.
Evans’ duties are taken over by J. Thomas Wiley, Jr., currently President at State Bank Financial Corporation.
“My goal has been to ultimately work myself out of a job”
The imminent management change is explained as follows. Evans said: “My goal has been to ultimately work myself out of a job.”
Evans will remain as Chairman at State Bank Financial Corporation
“Current Chairman and Chief Executive Officer Joseph W. Evans will remain Chairman of the Company. In this capacity, Mr. Evans will continue to focus on board governance, strategic planning, and corporate development,” State Bank Financial Corporation said.
Share price rise since February 2016
The change follows a rise in the share price of State Bank Financial Corporation since February 2016.
On the job as CEO since 2010
Joseph W. Evans is the Chief Executive Officer of the Company and Chairman of the Board, positions he has held since 2010.
Evans also served as the Chief Executive Officer of State Bank from July 2009 until January 1, 2015.
He is the former Chairman, President and Chief Executive Officer of Flag Financial Corporation which was acquired by RBC Centura Bank in 2006.
Evans previously served as President and Chief Executive Officer of Bank Corporation of Georgia which was acquired by Century South Banks, Inc. in 1997 and later served as President and Chief Executive Officer of Century South Banks, Inc., which was acquired by BB&T in 2001.
Currently, Evans is also a managing principal of Bankers’ Capital Group, LLC, an investment company that primarily buys and sells notes.
Evans serves on the boards of directors of Southern Trust Insurance Company and the Metro Atlanta Chamber.
He is Vice President of the Buckhead Coalition, a trustee of the Foundation of the Methodist Home of the South Georgia Conference, Inc. in Macon, Georgia, where he chairs its investment committee, a member of the Board of Councilors of the Carter Center and the Chair of the Finance Committee of the Mt. Zion United Methodist Church.
Evans serves on the Board of Trustees of the Georgia Tech Foundation as Treasurer, Chairman of the Finance Committee and as a member of the Executive Committee.
He also serves on the Executive Committee of the advisory board of the Scheller College of Business at Georgia Tech, having previously served as chairman.
He is the former Chairman of the Board of Trustees of the Georgia Tech Alumni Association and previously served as a director of the Alliance Theater at The Woodruff Arts Center.
Evans holds a bachelor’s degree in industrial management from Georgia Tech.
Read the full story in the exechange report 18.2017 ($).