TUPELO, Miss., June 1, 2009 (GLOBE NEWSWIRE) -- Renasant Corporation (Nasdaq:RNST) (the "Company") today announced that Frank J. Cianciola, Chairman of Renasant Bank's Tennessee Division, retired from his position as a member of Renasant's senior management team and resigned from the Company's corporate and bank board of directors effective May 31, 2009.
"Frank Cianciola has been an integral part of the Renasant family for the last five years and we appreciate the foundation he has established for us in West Tennessee," said Chairman, President and CEO of Renasant Corporation and Renasant Bank, E. Robinson McGraw. "We wish him well in his retirement and all his future endeavors."
In announcing his retirement, Cianciola stated, "It has been a pleasure working with the Renasant family and I wish them continued success. I look forward to managing my personal investments and spending quality time with my family."
Assuming the management responsibilities of Renasant's West Tennessee Division will be Rick Hart. Hart is currently Renasant's Tennessee Division President and is a director on Renasant's corporate board. He will oversee Renasant's West and Middle Tennessee divisions. Carol Russell will continue to serve as President of the Memphis Retail Division.
"It has been a pleasure to work with Frank and we are appreciative of his leadership in West Tennessee," said Hart. "I look forward to helping our team grow our presence and market share within the Memphis region."
ABOUT RENASANT CORPORATION:
Renasant Corporation is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $3.8 billion and operates 66 banking, mortgage, insurance, and financial services offices in Mississippi, Tennessee and Alabama.
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