{"id":815051,"date":"2025-02-19T16:16:32","date_gmt":"2025-02-19T21:16:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/servisfirst-bank-announces-new-chief-financial-officer\/"},"modified":"2025-02-19T16:16:32","modified_gmt":"2025-02-19T21:16:32","slug":"servisfirst-bank-announces-new-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/servisfirst-bank-announces-new-chief-financial-officer\/","title":{"rendered":"ServisFirst Bank Announces New Chief Financial Officer"},"content":{"rendered":"

<\/p>\n

ServisFirst Bank Announces New Chief Financial Officer<\/b><\/p>\n

Accomplished Financial Executive, David Sparacio, Named Chief Financial Officer<\/i><\/b><\/p>\n

BIRMINGHAM, Ala.–(BUSINESS WIRE<\/a>)–ServisFirst Bank<\/a>, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the hiring of David Sparacio as Chief Financial Officer, following an extensive nationwide search by Chartwell Partners. A seasoned financial executive with over three decades of experience in banking and financial management, Sparacio will oversee the Bank\u2019s financial strategy, regulatory reporting, and accounting operations. Sparacio will assume the role on March 10, 2025.\n<\/p>\n

\n\u201cDavid brings an exceptional level of expertise in financial leadership, strategic planning, and regulatory compliance,\u201d states Tom Broughton, ServisFirst Bank Chairman, Chief Executive Officer, and President. \u201cHis extensive background in corporate finance, accounting, and operational leadership positions him as a tremendous asset to ServisFirst Bank. We are confident that his leadership will play a vital role in advancing our financial initiatives and supporting our continued growth.\u201d\n<\/p>\n

David Sparacio<\/i>, Chief Financial Officer<\/i><\/b><\/p>\n

\nSparacio brings deep expertise in corporate finance, accounting, and financial operations. Throughout his career, he has successfully led large accounting teams, implemented financial control structures, and spearheaded high-level initiatives to enhance efficiency and compliance within top financial institutions. With a strong background in regulatory reporting, mergers and acquisitions, and financial system integrations, Sparacio is well-equipped to drive ServisFirst Bank\u2019s financial strategy forward.\n<\/p>\n

\nSparacio holds a Bachelor of Science in Accounting from the University of New Orleans, a Master of Business Administration from Loyola University New Orleans, and a Master of Strategic Studies from the U.S. Army War College. In addition to his financial background, he has served in the U.S. Army Reserve since 1991 and currently holds the rank of Colonel. His leadership and commitment to excellence go beyond banking, as he provides purposeful oversight and advisory support in his military capacity.\n<\/p>\n

\nEd Woodie has served as interim Chief Financial Officer since October 2024. Woodie provided steady leadership during the transition, and with Sparacio assuming the role on March 10, 2025, ServisFirst Bank is well-positioned for continued financial strength and long-term advancement.\n<\/p>\n

\nFor more information regarding ServisFirst Bank\u2019s recent addition, please contact Krista Conlin at Krista@KCProjects.net<\/a>. For more about ServisFirst Bank, please visit www.servisfirstbank.com<\/a>.\n<\/p>\n

ABOUT SERVISFIRST BANK<\/b><\/p>\n

\nServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market, emphasizing competitive products, state-of-the-art technology and a focus on quality service. Recently, the Bank announced that its assets exceed $17 billion. The Bank offers sophisticated treasury management products, Internet banking, home mortgage lending, remote deposit express banking, and highly competitive rates.\n<\/p>\n

\nServisFirst Bank was formed in May 2005, and has offices in Alabama, Florida, Georgia, NorthCarolina, South Carolina, Tennessee, and Virginia. In April 2015, and annually thereafter,ServisFirst Bank has earned investment-grade ratings and a stable outlook from Kroll BondRating Agency (KBRA), which measures companies\u2019 financial fundamentals. ServisFirstBancshares, Inc. files periodic reports with the U.S. Securities and Exchange Commission(SEC). Copies of its filings may be obtained at www.servisfirstbancshares.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250219845222\/en\/<\/a><\/span><\/p>\n

\nKrista Conlin, Krista@KCProjects.net<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Alabama<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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ServisFirst Bank Announces New Chief Financial Officer Accomplished Financial Executive, David Sparacio, Named Chief Financial Officer BIRMINGHAM, Ala.–(BUSINESS WIRE)–ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the hiring of David Sparacio as Chief Financial Officer, following an extensive nationwide search by Chartwell Partners. A seasoned financial executive with over three decades of experience in banking and financial management, Sparacio will oversee the Bank\u2019s financial strategy, regulatory reporting, and accounting operations. Sparacio will assume the role on March 10, 2025. \u201cDavid brings an exceptional level of expertise in financial leadership, strategic planning, and regulatory compliance,\u201d states Tom Broughton, ServisFirst Bank Chairman, Chief Executive Officer, and President. \u201cHis extensive background in corporate finance, accounting, and operational leadership positions … <\/p>\n

Continue reading “ServisFirst Bank Announces New Chief Financial Officer”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815051","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nServisFirst Bank Announces New Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/servisfirst-bank-announces-new-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ServisFirst Bank Announces New Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ServisFirst Bank Announces New Chief Financial Officer Accomplished Financial Executive, David Sparacio, Named Chief Financial Officer BIRMINGHAM, Ala.–(BUSINESS WIRE)–ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), is pleased to announce the hiring of David Sparacio as Chief Financial Officer, following an extensive nationwide search by Chartwell Partners. A seasoned financial executive with over three decades of experience in banking and financial management, Sparacio will oversee the Bank\u2019s financial strategy, regulatory reporting, and accounting operations. Sparacio will assume the role on March 10, 2025. \u201cDavid brings an exceptional level of expertise in financial leadership, strategic planning, and regulatory compliance,\u201d states Tom Broughton, ServisFirst Bank Chairman, Chief Executive Officer, and President. \u201cHis extensive background in corporate finance, accounting, and operational leadership positions … Continue reading "ServisFirst Bank Announces New Chief Financial Officer"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/servisfirst-bank-announces-new-chief-financial-officer\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-19T21:16:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20250219845222r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ServisFirst Bank Announces New Chief Financial Officer\",\"datePublished\":\"2025-02-19T21:16:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/\"},\"wordCount\":540,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20250219845222r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/servisfirst-bank-announces-new-chief-financial-officer\\\/\",\"name\":\"ServisFirst Bank Announces New Chief Financial Officer - 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