Arvest Names Ron Witherspoon Next CEO in Little Rock

Arvest Names Ron Witherspoon Next CEO in Little Rock
Ron Witherspoon (Arvest Bank)

Arvest Bank of Fayetteville on Tuesday announced that it has hired Ron Witherspoon as its local bank president and CEO for Little Rock.

The move takes effect Nov. 1.

Witherspoon is returning to Little Rock after serving as local bank president for Arvest in Oklahoma City since March 2014. Before that, he was sales manager in Little Rock from 2001-2014.

Witherspoon began his career with Arvest in 1997.

"Ron has been a strong leader within our bank for many years now," Arvest regional executive Craig Rivaldo said in a news release. "His experience, leadership capabilities and deep knowledge of Little Rock and all of central Arkansas make him an ideal fit for this position.

"We have enjoyed and sustained significant growth in Central Arkansas, and I’m confident Ron will continue to lead us on that trajectory."

Witherspoon follows Jim Cargill, who is retiring at the end of the year after more than 30 years with Arvest. Cargill and Witherspoon will work together during a two-month transition period.

Witherspoon said he and his family are "incredibly excited to return to central Arkansas, a place that means so much to us"

"Arvest is in the midst of a transformation designed to meet the evolution within our industry and I look forward to helping us meet our customers’ changing needs and expectations," he said in the release. 

Witherspoon is a graduate of the University of Arkansas, the American Bankers Association School of Bank Marketing and Management at the University of Colorado, and the Graduate School of Banking at Louisiana State University.

Prior to serving as local bank president in Oklahoma City, he was a board member for the United Way of Central Arkansas, the American Heart Association – Little Rock, the Arkansas Chapter of the Alzheimer’s Association and the University of Arkansas at Little Rock’s Trojan Athletic Association.

A search for a new president in Oklahoma City is underway.

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