Security Bank Corp. (Nasdaq: SBKC) announced that effective Tuesday, Sept. 16, H. Averett "Rett" Walker resigned as president and CEO of Security Bank Corp. He also resigned his position as director of Security Bank Corp. and its affiliate, Security Bank of Bibb County.
Tony E. Collins, executive vice president and Regional Executive – Atlanta, has assumed the functions of president and CEO on an interim basis. Collins has more than 30 years of banking industry experience, including 3 years most recently with Security Bank Corp.
Security Bank of North Fulton located in Alpharetta is one of the corporation's affiliates.
Al Bridges, chairman of the Board of Directors, said, "Rett Walker has served our institution with loyalty and dedication. We wish him success in his future pursuits."
Bridges said Collins' significant industry experience suits him well to lead Security Bank during this interim period.
"The board of directors will conduct a careful search for a permanent president and CEO," he said.
- www.northfulton.com
Thursday, September 18, 2008
Security Bank Corp.'s president resigns
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