The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Southside in Texas selects insider as next president

Southside Bancshares in Tyler, Texas, has a new president.

The $8.4 billion-asset company disclosed in a regulatory filing that Keith Donahoe had succeeded Lee Gibson, who remains CEO. Donahoe was also named president of Southside Bank.

Donahoe, who joined Southside in 2021, was the bank’s regional president of central Texas.

Donahoe will be paid an annual salary of $510,000.

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