Who has run Evolve Bank & Trust: board and executives, 2006-2026

analysisThe Arkansas Bank Commissioner's report with data as of June 30, 2006 shows the bank, then based in Parkin, with Scot Lenoir as chairman, John Cooper as president, Scott Stafford as chief executive and Kenneth Lenoir as executive vice president; its directors were Donald Clanton, John Cooper, J. De DeHart, Scot Lenoir, Victor Saig, Scott Stafford and Stephen Valentine. By June 30, 2015 the board had nine members, Alvinor Bright, Jr., Donald Clanton, Lewis Holland, Forrest N. Jenkins, Scot Lenoir, Lon Magness, John T. Pitts, Jr., W. Scott Stafford and Stephen Valentine, with John Copeland as chief financial officer. Jenkins, a former chairman and president of the former Citizens Bank in Marion, Arkansas, had come out of retirement to join the board and, according to his obituary, was recruited while a director to lead the bank's Arkansas Banking Division. The directors' own disclosures date Clanton's service from 2005, Pitts's from January 1, 2008 and Bright's from 2015, and a 2013 Buckeye Technologies report already described Holland as a director. ^{1 2 3 4 5 6 7}

analysisIn October 2021 the bank appointed Monica Wharton, then an executive of Methodist Le Bonheur Healthcare, to its board. Its 2022 annual report to the Mississippi Secretary of State listed seven directors and did not include Stafford, whom other records name as chief executive, or Wharton. The regulator's reports with data as of June 30, 2023 and 2024 list nine directors: Bright, Clanton, Holland, Lenoir, Magness, Pitts, Stafford, Valentine and Wharton, with Lenoir as chairman and Stafford as chief executive. The bank's 2024 Investor Relations kit lists eight of them, without Wharton, describing Lenoir as chief executive of Evolve Bancorp who founded the bank in 2004, Clanton as a former president of the bank's SBA Lending Division and Valentine as a director of Evolve Bancorp. ^{8 9 10 11 12}

analysisThe report with data as of June 30, 2025 lists only six directors: Bright, Clanton, Holland, Magness, Pitts and Valentine; Lenoir, Stafford and Wharton no longer appear. The June 2024 order had been signed for Evolve Bancorp by Lenoir as chairman and for the bank by Stafford as president and chief executive, and it requires both companies to give the federal notices before appointing any director or senior executive officer and to observe the federal limits on indemnification and severance payments. ^{13 14}

analysisThe 2023 kit named Robert Ducklo as general counsel and corporate secretary, Cecilia Russell as chief compliance officer and Robin Bedsole as controller. In the 2024 kit, senior management comprised Mark Mosteller (chief financial officer, at the bank since 2015), Joelle Weltzin (general counsel), Hank Word (president of Open Banking, who joined in 2014 as the bank's first chief technology officer), W. Christopher Staab (chief technology officer), Peter Moenickheim (chief risk officer, whose appointment the bank notified to the Federal Reserve in early 2024), Thomas E. Holmes, Jr. (marketing and communications), John C. Freeman (president of the Banking Division, a former president of Liberty Bank in Jonesboro and chairman of the Arkansas Bankers Association board) and Randy Reynolds (Arkansas Banking Division). Holmes later announced that he was stepping away, citing 'significant personal and professional challenges'; an online encyclopedia dates his resignation to October 2024. ^{1 2 3 4 5 6}

analysisAccording to a fintech industry newsletter, Lenoir, chairman for 20 years, stepped down from the chair in July 2024 and now describes himself as the bank's founder. An internal memo reported by the newsletter in February 2025 made Mosteller president while he kept the finance role, replacing Stafford, who had decided to step away from day-to-day operations, and promoted Word and Weltzin, the latter having joined in March 2024, to executive vice president. A business-profile aggregator says Stafford retired in 2025. In August 2025 the board, chaired by Valentine, unanimously appointed Robert Hartheimer chief executive, with Mosteller, Word and Weltzin keeping their roles. Word left in September 2025; the newsletter's sources said he resigned voluntarily. His public professional profile lists TabaPay, one of the bank's Open Banking partners, as his current company. ^{7 8 9 10 6 11 12}

analysisAlex Johnston became head of Open Banking on October 2, 2025. After Hartheimer's dismissal later that month, the bank said its executive leadership team of Mosteller and Weltzin would oversee operations and strategy as before August, and in February 2026 it named Arlon Duke chief technology officer. The retained copy of the bank's news page shows no announcement of a new chief executive, which does not exclude an announcement elsewhere. ^{13 14 15 16}

analysisStephen Valentine advises companies in distribution, consumer and technology industries and was earlier an IBM executive and AutoZone's chief information officer. Donald B. Clanton retired in 2017 as chief operating officer of the broker-dealer Duncan-Williams and earlier ran Commerce Investment Corporation, a National Bank of Commerce subsidiary; his BrokerCheck record shows no disclosed complaints or regulatory events. Al Bright, Jr. is a member of the law firm Bass, Berry & Sims and, in 2025, vice chairman of Evolve Bancorp. Lon M. Magness is a principal and the chief compliance officer of Reliant Investment Management. John T. Pitts Jr. has been registered with Stifel, Nicolaus & Company in Memphis since 2015, with no disclosures, after serving as executive vice president of National Bank of Commerce's capital-markets group. ^{1 2 3 4 5 6}

analysisLewis E. Holland is a director of Raymond James Financial Products, a Tennessee company in the Raymond James group, and of USI Alliance, a Memphis leasing and community-development company that SunTrust applied to acquire in its 2004 merger with National Commerce Financial; he was president of the Henry Turley Company from 2001 to 2009, earlier vice chairman and chief financial officer of National Commerce Bancorporation, and a Buckeye Technologies director from 2005 to 2013. Before joining Evolve, Scott Stafford was a senior vice president of National Bank of Commerce and an investment banker at Duncan-Williams. Mark Mosteller came from GTx, Inc., where he was chief financial officer, and earlier was chief operating officer of Union Planters Mortgage. Monica Wharton is executive vice president and chief operating officer of Methodist Le Bonheur Healthcare and was earlier chief legal officer of Regional One Health. ^{7 1 8 9 10}