GREENVILLE, S.C. - The Palmetto Bank (the "Bank"), a wholly-owned subsidiary of Palmetto Bancshares, Inc. (collectively, the "Bank") (NASDAQ: PLMT), appointed Roy D. Jones as Treasurer of the Bank. Mr. Jones, an Executive Vice President, will continue to serve as the Chief Financial Officer of the Bank.
Mr. Jones joined the Bank in November 2010 as Chief Accounting Officer and was named the Chief Financial Officer in February 2011. Mr. Jones subsequently assumed responsibility for the Treasury function of the Bank in May 2013 and was named Treasurer in February 2015.
"Roy is a valued member of our senior leadership team and has applied his financial and treasury expertise to help the Bank significantly improve our financial results over the past several years," said Samuel L. Erwin, Chairman, Chief Executive Officer and President of The Palmetto Bank. "Being named the Treasurer of the Bank in addition to his Chief Financial Officer role is acknowledgement of the respect we have for Roy's leadership role within the Bank and his record of excellent performance."
Mr. Jones is a Certified Public Accountant with 24 years of combined financial services and public accounting experience. Mr. Jones received a Bachelor of Business Administration with a major in accounting from the University of North Florida and a Master of Accounting degree from the University of Florida.
Monica Barnett | Client Communications Manager
Phone: 864.250.6063 | mbarnett@palmettobank.com
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