Tracy M. French to retire from Home BancShares board and Centennial Bank chairman, becomes Senior Advisor

HOME BANCSHARES INC

French will not stand for reelection as Home BancShares director and Centennial Bank Chairman; effective April 17, 2025.
He will serve as Senior Advisor (employee) from Feb 27, 2025 through retirement date Feb 27, 2027.
French will receive annual salary of $408,000 and benefits for two years; no bonus, deferred bonus, or change-in-control payments.
Outstanding restricted shares and stock options continue vesting during advisory period; unvested awards forfeited at retirement.
French agreed to non-compete and non-solicitation covenants for the duration of employment plus 24 months after.

item 5.02 item 9.01

Executive movements

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Appointed

Tracy M. French

Advisor

HOMB · HOME BANCSHARES INC

Effective: 2025-02-27
Filed: February 28, 2025, 6:59 PM ET

he will serve as an advisor to senior management of the Company and the Bank in an employee capacity for the next two years effective February 27, 2025

Departed

Tracy M. French

Chairman of the Board and Director

HOMB · HOME BANCSHARES INC

Effective: 2025-04-17
Filed: February 28, 2025, 6:59 PM ET

he will not stand for reelection as a director of the Company and as Chairman of the Board and a director of the Bank upon the completion of his current term on the Company’s and the Bank’s boards of directors on April 17, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Tracy M. French was appointed as Advisor at HOME BANCSHARES INC.

Action: appointed
Role: Advisor

Exact text from the filing

he will serve as an advisor to senior management of the Company and the Bank in an employee capacity for the next two years effective February 27, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tracy M. French retired as Chairman of the Board and Director at HOME BANCSHARES INC.

Action: retired
Role: Chairman of the Board and Director

Exact text from the filing

he will not stand for reelection as a director of the Company and as Chairman of the Board and a director of the Bank upon the completion of his current term on the Company’s and the Bank’s boards of directors on April 17, 2025

View on SEC.gov

HOME BANCSHARES INC filing history →

Source: SEC EDGAR

accession 0001331520-25-000079

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