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CTBI – Leadership Structure and Operating Footprint

Crosby, Tennessee-based CTBI did not report a new earnings release in the material provided, but its shareholder presentation shows the company’s leadership structure and operating footprint in detail.

At the parent level, Mark A. Gooch serves as chairman, president and CEO. Kevin J. Stumbo is executive vice president and chief financial officer. Other senior officers listed include Tracy A. Wesley as chief internal audit and risk officer, Mark E. Smith as chief credit officer, Thomas E. McCoy in operations, and C. Wayne Hancock as chief legal officer.

The presentation also lists the leadership of the company’s banking subsidiaries and regions. Richard W. Newsom is president of CTB, while Andy D. Waters is president and CEO of CTIC. The regional presidents named are Billie J. Dollins for the central region, David I. Tackett for the eastern region, Ricky D. Sparkman for the south central region, and D. Andrew Jones for the northeastern region.

On the board side, CTBI lists 10 directors, including Mark A. Gooch as chairman, Eugenia “Crit” Luallen as vice chairman, and members such as David L. Baird, Ina Michelle Matthews, James E. McGhee II, Franky Minnifield, Jefferson F. Sandlin, Anthony St. Charles, Chad C. Street, and Lillian “Kay” Webb.

The subsidiary boards are smaller: CTB’s board includes five directors, and CTIC’s board includes seven. CTB’s directors include Gooch, Matthews, McGhee, Richard W. Newsom, Chad C. Street, and Jefferson F. Sandlin. CTIC’s board includes Gooch, E.B. Lowman II, Luallen, McGhee, Sandlin, St. Charles, and Andy Waters. The market has reacted to these announcements by moving the company's shares -0.61% to a price of $65.15. For the full picture, make sure to review COMMUNITY TRUST BANCORP INC /KY/'s 8-K report.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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