ServisFirst CFO Bud Foshee to retire; Kirk Pressley named successor
ServisFirst Bancshares said Chief Financial Officer William "Bud" Foshee will retire after the Form 10-K filing in February 2024, and the board appointed Kirk Pressley to succeed him. A CFO change is a significant leadership transition for shareholders, and the filing says Pressley's compensation has not changed as a result of the appointment.
Key points
- Foshee notified the board on November 1, 2023 that he will retire as CFO after the Form 10-K filing in February 2024, following 19 years of service.
- Kirk Pressley, 57, joined ServisFirst Bank as Executive Vice President of Strategic Planning in July 2023 and previously served as CFO of BBVA USA from 2015 to 2021.
- No changes have been made to Pressley's compensation as a result of being named successor.
- Edison "Ed" Woodie and Davis Mange remain on the finance team, according to the press release.
The filing
Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 02, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.