Advertisement

Bank of the Ozarks names former C1 executive to run Florida operations

 
Published July 22, 2016

Bank of the Ozarks, in completing its $402.5 million acquisition of C1 Financial on Thursday, has named an executive vice president with C1 to run its Florida division.

Alan Randolph will head the Bank of the Ozarks' 44 Florida branches.

Trevor Burgess, former president and CEO of C1 as well as the founder of the St. Petersburg-based bank, will remain as his new company's chief innovation officer. George Gleason, chairman and CEO of Bank of the Ozarks, said his team has already begun to implement some technology enhancements that were developed at C1.

Based in Little Rock, Ark., publicly traded Bank of the Ozarks has about $1.7 billion in assets and $1.3 billion in deposits.