Kelley retiring from BancorpSouth

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News,Business

TUPELO, Miss. (AP) — James Kelley, the president and chief operating officer of BancorpSouth since 2000, is retiring from the company on Aug. 15.

Last week, the Tupelo-based financial holding company and parent of BancorpSouth Bank announced the retirement of long-time chairman Aubrey Patterson, effective at its upcoming shareholders meeting April 23.

In the Form 8-K filed with the Securities and Exchange Commission, the company also announced the resignation of Kelley and Albert Clark from its board of directors.

Clark, the president and CEO of CC Clark, a holding company for several beverage distributors, has been on BancorpSouth's board since 1996. Clark also is president and CEO of Gulf States Canners, a bottler of soft drinks, namely Coca-Cola.

Tupelo-based BancorpSouth has locations in eight states with $13 billion in assets.

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