First Reliance Bancshares in Florence, S.C., said that its chief operating officer is leaving to become CEO of a nonbank financial services company.
The $946 million-asset company said in a press release that Robert Dozier is, effective Dec. 31. First Reliance did not name the nonbank that hired Dozier.
First Reliance said there are no plans to hire a replacement, adding that its existing management team will perform the duties previously handled by the Dozier.
“I wish Robert well as he pursues new career opportunities,” Rick Saunders, First Reliance’s CEO, said in the release.
“As COO of First Reliance Bank, he has helped position the bank to be a leader in the markets we serve,” Saunders added. “We have a strong structure and foundation in place.”