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Bank OZK Elects Two New Board Members

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Bank OZK (the "Bank") (NASDAQ:OZK) today announced that its Board of
Directors ("Board") approved an increase in the size of the Board from
sixteen to eighteen directors and elected Beverly Cole and Steven Sadoff
to the Board to fill the resulting vacancies. The election of Ms. Cole
and Mr. Sadoff is effective immediately and each will serve as a
director until the Bank's 2019 Annual Meeting of Shareholders and until
their respective successors are elected and qualified.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180810005413/en/

Beverly Cole - New Bank OZK Director (Photo: Business Wire)

Beverly Cole - New Bank OZK Director (Photo: Business Wire)

"We are extremely pleased to add these two highly accomplished and
well-respected industry leaders to our distinguished Board of
Directors," said George Gleason, Chairman of the Board and Chief
Executive Officer. "Beverly Cole's impressive legal, real estate and
regulatory expertise and Steven Sadoff's extensive financial and
technology expertise will further enhance our Board's capabilities. We
are confident their unique insights will help guide our Bank's continued
growth and industry leading financial performance."

Ms. Cole will serve on the Board's Risk Committee and its CRA and Fair
Lending Committee, and Mr. Sadoff will serve on the Board's Risk
Committee and its Information Systems Steering Committee. The
appointment of Ms. Cole and Mr. Sadoff further strengthens the Board's
diversity in age, gender, race, ethnicity, geography, talents and tenure.

Beverly Cole

Beverly Cole is the Chief Executive Officer of Cole Renwick, LLC, a
family-owned real estate company in Glendale, California. She is also an
entrepreneur and consultant advising clients on U.S. real estate market
investing and has been a limited partner in a number of investment
funds. Ms. Cole worked as a safety and soundness, bank compliance and
Community Reinvestment Act regulator with the FDIC and the Office of
Thrift Supervision and as a member of the structured liquidation team at
the Small Business Administration. Prior to her government service, Ms.
Cole held leadership positions at Walt Disney Company and Eastman Kodak
Company. She participates in a wide range of civic and community groups,
including being appointed by California Governor Jerry Brown to the
California Commission on Access to Justice and by California State
Insurance Commissioner Dave Jones to its Diversity Task Force, and
previously served as Economic Development Director for the National
Association of Women Business Owners, director of the Los Angeles
Neighborhood Land Trust, and as a board member for various other
non-profit and community organizations. Ms. Cole holds a B.A. in Asian
Religion and Western Philosophy from Boston University, a J.D. from
Fordham University, and an M.B.A. from the Wharton School at the
University of Pennsylvania.

Steven Sadoff

Steven Sadoff is the Chief Information Officer of Fenics, a business of
BGC Partners Inc. in New York City. Prior to joining BGC Partners, Mr.
Sadoff was a Managing Director for Bank of America Merrill Lynch,
overseeing technology globally for Central Risk Book, Electronic
Trading, Sales, Research and Capital Markets. Mr. Sadoff has also served
as Executive Vice President and Global Head of Operations, Services and
Technology for Knight Capital Group; was Chief Technology Officer of
BondBook, an electronic trading platform; and held a variety of
leadership roles at Merrill Lynch and Lehman Brothers. Mr. Sadoff has
served on the advisory board for Corvil Ltd., the Technology/Operations
Customer Advisory Board for Thomson Reuters, as a member of the SIFMA
Operations and Technology Steering Committee and a past board member of
Direct Edge Holdings LLC and Pico Quantitative Trading LLC. He has been
named to the Institutional Investor Tech 50 list and one of the 10 Most
Influential CIOs by Securities Technology Monitor, received an American
Financial Technology Award for Best Global Deployment, and been ranked
in the top 15 on the InformationWeek 500 for two consecutive years. Mr.
Sadoff holds a B.S. in Computer Science, an M.S. in Electrical
Engineering, and a D.Sc. in Computer Science, all from Washington
University in St. Louis.

About Bank OZK

Bank OZK (NASDAQ:OZK) is a regional bank providing innovative financial
solutions delivered by expert bankers with a relentless pursuit of
excellence. Bank OZK has been recognized as the #1 bank in the nation in
its asset size for eight consecutive years. Headquartered in Little
Rock, Arkansas, the Bank conducts banking operations through 252 offices
in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South
Carolina, New York, California and Mississippi and had $22.2 billion in
total assets as of June 30, 2018. Bank OZK can be found at www.ozk.com
and on Facebook,
Twitter
and LinkedIn
or contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas
72231-8811.

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