News Details

Holland and Jeffreys Elected to Peoples Holding Company Board of..

2005/02/09 18:45:35

Directors  TUPELO, Miss., Feb 9, 2005 (BUSINESS WIRE) -- The Peoples Holding Company (AMEX:PHC) Chairman of the Board, Robert C. Leake, and President & CEO, E. Robinson McGraw, have announced that Neal A. Holland, Jr. and Harold B. Jeffreys have been elected to the company's board of directors. Holland is President & Chief Executive Officer of Decatur, Alabama-based Holland Company, Incorporated, a diversified general contracting, sand, gravel, and trucking company. He is also owner and president of Cedar Ridge Golf Course. Jeffreys is owner of Cedar Lake Farms and a partner in Sunset Land Development, LLC.  "We are very pleased to have Neal Holland, Jr. and Harold Jeffreys joining our board. Their extensive experience as entrepreneurs adds an important new perspective to The Peoples Holding Company board. We are confident that they will make a significant contribution to our mission of becoming the financial services provider of choice in our expanding operating region of Alabama, Mississippi and Tennessee," Leake and McGraw said in a joint statement.  Holland graduated from the University of Alabama with a Bachelor of Science degree in Business Management. He was a founding director of Heritage Financial Holding Corporation and has served on the board of directors since 1994. Holland is the chairman of the Municipal Utilities Board of the city of Decatur. He is also a member of the Board of Directors for the Decatur Heritage Christian Academy and vice president of the Dixie Youth Baseball American League.  Holland is married to the former Sherry Head and they have seven children, Ty, Alexandria, Jackson, Jordan, Sawyer, Sterling, and Lily Catherine. The Hollands are members of Autumnwood Baptist Church in Decatur, where he serves as Trustee.  Harold Jeffreys graduated from the University of North Alabama with a Bachelor of Science degree in Physics and Math and received his masters from the University of Alabama in Huntsville. He continued his education with work on a Ph.D. at the University of Florida in Gainesville. Jeffreys is the founder of Applied Research, Incorporated and is a retired physicist. He was a founding director of Heritage Financial Holding Corporation and has served on the board of directors since 1994. Jeffreys also served as interim President & CEO of Heritage Bank from 2002 to 2003.  Jeffreys has served as past director for the Calhoun Community College Foundation, the Decatur Heritage Christian Academy and the Southeastern Bible College. He also served as the president and chairman of the board for Applied Research, Incorporated from 1980 to 1994 at which time it was sold to Science Application International, Inc.  Jeffreys is married to the former Judy Burton and they have two children, Mary Kathryn and Ben Anderson Matthew. The Jeffreys are members of Central Baptist Church where he serves as deacon.  The Peoples Holding Company is the parent of Renasant Bank, the fourth-largest commercial bank headquartered in the state of Mississippi, Renasant Bank of Tennessee, a Tennessee-chartered bank, and Renasant Insurance, Inc. The Company has assets of approximately $2.2 billion and operates 59 community bank, insurance and financial services offices in 36 cities in Mississippi, Tennessee and Alabama.  Shares in The Peoples Holding Company (ticker: PHC) are traded on the American Stock Exchange. Additional information is available from the company's web site at www.renasantbank.com.  SOURCE: The Peoples Holding Company  CONTACT: The Peoples Holding Company  E. Robinson McGraw, 662-680-1201  Copyright (C) 2005 Business Wire. All rights reserved.  -0-  KEYWORD: MISSISSIPPI ALABAMA INDUSTRY KEYWORD: BANKING  MANAGEMENT  CHANGES  Copyright  Business  Wire  2005  09-Feb-2005 18:45