Carolina Trust Bank announced that the company's Board of Directors has appointed Jerry L. Ocheltree, formerly of First Bank, as President and Chief Executive Officer effective January 1, 2014. Following chief executive positions at Premier South Bank in Wytheville, Virginia and First Virginia Bank, also in Wytheville, Virginia, Ocheltree was recruited in 1998 to join First Bank to run its large region. In 2005 he was elevated to President and Chief Executive officer.