HOUSTON and TUPELO,
Miss., Jan. 21, 2025 /PRNewswire/ -- Cadence Bank
(NYSE: CADE) today announced the appointment of Fernando Araujo and Alice Rodriguez to its board of directors,
effective Jan. 17, 2025. Araujo and
Rodriguez join the board as independent directors.
Araujo is an accomplished executive with more than 30 years of
experience in all aspects of oil and gas upstream operations. He
has served as the chief executive officer of Berry Corporation
(NASDAQ: BRY), a company engaged in the safe and responsible
development and production of conventional oil reserves in the
Western United States, since
January 2024, and as a director since
March 2024. He joined the company in
2020 as executive vice president and chief operating officer. Prior
to his time at Berry, Araujo worked for some of the most
accomplished brands in the industry, including Schlumberger, Apache
Corporation, Repsol S.A. and Shell Oil.
Rodriguez spent over 35 years at JPMorgan Chase & Co. (and
its predecessors) in various executive leadership roles, most
recently as head of its community impact organization. Since her
retirement from JPMorgan, she has taken on a more active role as
co-owner of Kendall Milagro, Inc., a boutique home builder in
Dallas. She and her husband
co-founded the company more than 20 years ago. Supporting her
commitment to minority-driven causes, Rodriguez served as chair of
the U.S. Hispanic Chamber of Commerce from 2020-2022 and is
currently a board member of Oncor Electric Delivery Company LLC, a
privately held regulated electricity transmission and distribution
company.
"We are honored to welcome Fernando and Alice to our board of
directors," said Dan Rollins,
chairman and chief executive officer of Cadence Bank. "Fernando's
insights and experience in leading diverse teams as well as in
asset development and acquisitions within a highly regulated
environment will be instrumental in driving our vision to help
people, companies and communities prosper. Likewise, Alice's
extensive leadership across all sectors of the banking industry –
consumer, business, wealth management, operations and community
impact and development, coupled with her experience as a small
business operator, will be invaluable to our growth
trajectory."
"I am excited to join the Cadence Bank board of directors," said
Araujo. "Cadence is well-positioned in the industry and shares a
similar operational focus on seeking positive outcomes for all
stakeholders and leveraging technology to improve efficiencies. I
look forward to collaborating with this talented team to drive
growth and deliver impactful results while harnessing an
entrepreneurial spirit."
Rodriguez added: "I look forward to using my strategic,
operational and execution expertise to positively impact Cadence's
growth journey. Throughout my career, I have always put people and
purpose first, and I appreciate the company's shared commitment to
supporting people, companies and communities."
To learn more, visit CadenceBank.com.
About Cadence Bank
Cadence Bank (NYSE: CADE) is a leading regional banking
franchise with approximately $50
billion in assets and over 350 branch locations across the
South and Texas. Cadence provides
consumers, businesses and corporations with a full range of
innovative banking and financial solutions. Services and products
include consumer banking, consumer loans, mortgages, home equity
lines and loans, credit cards, commercial and business banking,
treasury management, specialized lending, asset-based lending,
commercial real estate, equipment financing, correspondent banking,
SBA lending, foreign exchange, wealth management, investment and
trust services, financial planning and retirement plan management.
Additional information about Cadence Bank and its products and
services can be found at www.cadencebank.com. Cadence Bank, Member
FDIC. Equal Housing Lender.
Forward-Looking Statements
This release may contain certain "forward-looking statements"
including statements concerning plans, objectives, future events or
performance and assumptions and other statements, which are
statements other than statements of historical fact. The Company
cautions readers that certain factors may have affected and could
in the future affect actual results and could cause actual results
for subsequent periods to differ materially from those expressed in
any forward-looking statement made by or on behalf of the Company
herein. For a list of factors which could affect the Company's
results, see the Company's filings with the FDIC and Federal
Reserve, including "Item 1A. Risk Factors," set forth in the
Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2023. You should not
place undue reliance on any forward-looking statements. These
statements speak only as of the date of this release, even if
subsequently made available by the Company on its website or
otherwise. The Company undertakes no obligation to update or revise
these statements to reflect events or circumstances occurring after
the date of this release.
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SOURCE Cadence Bank
