Prosperity Bancshares President And COO Resigns

Prosperity Bancshares PB (Prosperity), the parent company of Prosperity Bank, announced that James D. Rollins III, President and Chief Operating Officer of Prosperity and President of Prosperity Bank has resigned to pursue another opportunity. "On behalf of everyone at Prosperity, we would like to thank Dan for the many contributions he has made to the organization over the years.  We are excited for Dan in his new role and we wish him success in his new endeavor," commented David Zalman, Chairman and Chief Executive Officer of Prosperity. Prosperity Bank has a strong executive management team and for the present time, Mr. Rollins' responsibilities at Prosperity and Prosperity Bank will be divided among members of the Bank's Executive Committee, which consists of David Zalman – Senior Chairman and Chief Executive Officer, H.E. Timanus, Jr. – Chairman and Chief Operating Officer, David Hollaway – Chief Financial Officer, Chris Bagley – Chief Credit Officer, Randy Hester – Chief Lending Officer and Charlotte Rasche – General Counsel.  These individuals have a significant amount of experience in the banking industry and Prosperity expects a smooth transition of Dan's duties.  David Zalman will assume the titles of President of Prosperity and See full press release