Ray Dillon joins Stone Bank board of directors

Ray C. Dillon has been named to the Stone Bank Board of Directors. Dillon was formerly the president and chief executive officer of Deltic Timber Corporation and was an executive vice president with Gaylord Container Corporation.

He recently completed a term as chairman and a director on the Little Rock Branch of the Federal Reserve Board of St. Louis. He also serves on the board of directors of America’s Car-Mart.

Dillon received a B.S. in Chemical Engineering from Mississippi State University and a Master of Business Administration degree from the University of Chicago.

“We are so fortunate to add Ray Dillon to our board of directors,” said James T. Compton, chairman of Stone Bank’s board. “Ray’s business experience, contacts, understanding of the financial industry and connection to the forestry and agriculture economy of our region will be a great asset to our shareholders and customers.”

“I first became aware of Stone Bank as a customer but the more I learned about their management team and the goals and dedication of Mr. Compton and his family, the more I was interested in becoming more involved,” said Dillon. “I’m very excited about the future of this dynamic, fast-growing financial institution.”

Dillon’s other affiliations include: director of the Harvard Joint Center for Housing Studies; a director of the American Forest and Paper Association; a director and past chairman of the National Alliance of Forest Owners; a director of the American Wood Council; chairman and a director of the Arkansas Forestry Association; a director of the Arkansas State Chamber of Commerce; and a board member of the Winthrop P. Rockefeller Cancer Institute Foundation.

Stone Bank is a $225 million total asset bank with full service locations in Little Rock, Harrison, Mountain View and White Hall.