Flagship Bank in Clearwater, Fla., has hired a new CEO.
The $633 million-asset unit of West Florida Bank Corp. said in a press release that David Key had also become its president. He succeeded James Nelson, who retired but will continue to serve as a senior adviser.
“We’re extremely fortunate to be able to transition from one seasoned executive to another and maintain
strong continuity in our bank’s culture,” Paul Wikle, West Florida’s chairman, said in the release.
Key “is a tremendous choice for leading our bank into the future and brings nearly 40 years of
experience in community banking, executive leadership, and many other financial services areas,” Wikle added.
Key recently served as regional president of SouthState Bank, where he was responsible for integrating the operations of several former banks while establishing a new community bank.