Longtime Planters Bank executive Alan Hargett has been named as Chief Executive Officer of the Sunflower County-based bank.
Hargett assumed the role on Sept. 1, according to a release from Planters, taking over the position long held by Jimmy Clayton, who has served the bank for 43 years, 35 of those in the CEO capacity.
““Alan Hargett is eminently qualified to handle the job of CEO for Planters Bank,” Clayton said. “He will definitely lead the bank to continued success in the coming years.”
Clayton will remain the chairman of the bank’s board of directors, the release said.
The Ruleville native began his career with Planters as a management trainee in 1989, the financial institution said.
That same year, Hargett earned his Bachelor’s degree from Mississippi State University.
Hargett became a commercial lender before being named President of Planters Ruleville office.
He was later promoted to Chief Credit Officer for the bank before being named President and Chief Operating Officer in 2018. He is a member of the Planters Board of Directors and serves on the board and executive committee of the Mississippi Bankers Association. Hargett recently served on the American Bankers Association Agriculture and Rural Banking Committee.
Hargett is a member of the Indianola Rotary Club and serves as a Deacon of the First Baptist Church of Indianola. He is a former board member and officer of the Indianola Educational Foundation. He and his wife Leigh are the parents of two sons, Luke and Maddox.