Donna Townsell Joins Boards for Home BancShares, Centennial Bank

by Arkansas Business Staff  on Friday, Feb. 8, 2019 10:32 am   1 min read

Donna Townsell

Home BancShares Inc. of Conway announced Friday that Donna Townsell has been elected as a member of the board of directors for both Home BancShares and its subsidiary, Centennial Bank.

The publicly traded company (Nasdaq: HOMB) said the move breaks the "glass ceiling," making Townsell the first woman to serve on both boards simultaneously.

"This is a great strategic move for the next generation of HOMB and Centennial Bank," John W. Allison, chairman of Home BancShares, said in a news release. 

Townsell, a senior executive vice president, has been with the company 12 years. At various times, she has been vice president of corporate efficiencies, co-chair of the strategic planning committee, a member of the executive committee, director of marketing, director of investor relations and a member of the operations committee.

"Heading up Corporate Efficiencies gave her a well-rounded knowledge of the entire company," Allison said. "Serving as Director of Investor Relations has given her a full understanding of the performance metrics that shareholders, analysts and investors are interested in and that are required for us to continue to be the 'Best Bank in America' year after year. 

"This combination makes Donna an excellent choice for a board seat as her knowledge of and commitment to the company will serve us well into the future."

Townsell said she was honored to serve on the boards.

"The learning process and unbelievable opportunities that have been afforded to me have helped to prepare me for the honor of serving on both the Home BancShares and Centennial Bank Board of Directors," she said. "I will do my best to properly represent the shareholders, employees, customers and investors of our company for many years to come."



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