RFP News

Published on Oct 08, 2010

Synovus Financial Corp.‘s Board of Directors has elected Kessel D. Stelling as President and Chief Executive Officer, effective immediately.

As CEO, Stelling succeeds Richard E. Anthony, who took a medical leave of absence to seek treatment for Wegener’s Syndrome in June. Stelling had previously served as President and COO and was elected Acting CEO on June 21 by Synovus’ Board of Directors immediately following Anthony’s diagnosis. Anthony will serve as Chairman of the Board.

“We are grateful for the foundation Richard built during his tenure as CEO and are pleased to welcome him back as Chairman,” said James D. Yancey, Synovus’ Acting Chairman of the Board. “Kessel has demonstrated exceptional talent and leadership throughout his impressive career in the banking industry, and we’re fortunate to be able to name him to this key role. During his three months as Acting CEO, he has earned the confidence and support of the Board, executive leadership team and team members. He has done an outstanding job of leading the company on our path to emerge stronger and has energized team members in all of our markets with an unyielding focus on returning to profitability.”***

Source: Business Wire

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