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Director Swap at BancorpSouth

""BancorpSouth, Inc."":https://www.bancorpsouthonline.com/home/home, is bolstering its audit committee with the addition of Warren A. Hood, Jr. The bank's Board of Directors approved Hood as its replacement for former board member, R. Madison Murphy, who recently resigned from the company's directorship and was a member of the audit committee.


Hood is the CEO and chairman of the board for his own enterprise, ""Hood Companies, Inc"":http://people.forbes.com/profile/warren-a-hood/79190, which is comprised of three separate corporations.

Current operations within Hood Companies include the manufacturing and distribution of building materials, consumer packaging products, and industrial packaging needs. The entity operates more than 60 sites throughout the U.S. Canada, and Mexico, and the company serves clients in North America, the Caribbean, and Western Europe.


Hood has acted as a director for BancorpSouth Bank since 2007 and was appointed to his position on the BancorpSouth, Inc., board of directors in April.

Additionally, Hood serves as a director for ""Southern Company"":http://www.southerncompany.com/, a position he has held since 2007, and he is a former director for First American Corporation, First American National Bank, and Deposit Guaranty Corporation (prior to its merger with First American). Through his work with Southern American, Hood gained experience as a member of its audit committee.

Commenting on Hood's new position, BancorpSouth's chariman and CEO said, ""We are pleased to announce Warren Hood's appointment to the Audit Committee of the Board of Directors.├âÔÇÜ├é┬á

BancorpSouth has benefited from the wealth of business, risk management and financial experience Warren brings to our board from the successful expansion of his own business and through his extensive service on the boards of other publicly held companies. ├âÔÇÜ├é┬á

His service on the audit committee for the board of Southern Company is directly relevant to his new responsibilities on the Audit Committee for the Board of BancorpSouth, Inc. ├âÔÇÜ├é┬áWe look forward to Warren's continuing contributions to the long-term success of BancorpSouth.""

BancorpSouth is based in Tupelo, Mississippi and via its wholly-owned subsidiary, BancorpSouth Bank, the company operates 312 retail locations throughout the Southern and Midwestern regions.

About Author: Abby Gregory


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