George Makris to return as CEO of Simmons Bank, new COO named

by Talk Business & Politics staff ([email protected]) 136 views 

Simmons First National Corp. announced this week that Robert “Bob” Fehlman will step down as CEO and former CEO George Makris, the current executive chairman, will assume CEO duties effective Jan. 1, 2025.

Fehlman cited a focus on personal interest and family medical issues for his planned departure. Makris previously served as chairman and CEO from 2014 through 2022.

“I want to express my deep appreciation to Bob for his decades of service to our organization,” said Makris. “Bob has been a tremendous asset to the bank for many years, and we wish him all the best in his well-deserved retirement. Bob has played a significant role in the expansion of the bank and has been a leader of our better bank initiative as CEO.”

Fehlman began his banking career with Simmons in 1988, serving in a variety of leadership roles including controller, chief financial officer, treasurer, chief operating officer, president, and most recently as chief executive officer.

“I have been honored and blessed to work at Simmons for over 36 years,” said Fehlman. “I am proud of what we have achieved over the years, and it has only been possible because of the talent, dedication, and commitment of our people who embody the Simmons culture. I want to thank the Board and associates for their partnership and support over the years and wish them the very best for continued success. We have a strong foundation in place and positive momentum to build upon and I have great confidence in Simmons’ future.”

Simmons also announced that veteran banker Christopher “Chris” Van Steenberg has joined Simmons as chief operating officer (COO) effective Nov. 12. He will report to Simmons’ president Jay Brogdon.

“We are thrilled to have Chris join the Simmons team as COO,” said Brogdon. “He brings a proven track record in leading retail banking and commercial treasury management teams, while at the same time implementing ongoing strategies designed to enhance the customer experience and drive operational efficiencies. We’re excited to see the impact Chris will have on furthering our better bank initiative, while also supporting our efforts to drive sound, profitable growth and positive operating leverage.”

Van Steenberg brings more than 25 years of experience in the financial services industry. He most recently was executive vice president, chief digital and product officer for a Mid-South bank with more than $80 billion in assets. Prior to this role, he was executive vice president, head of regional banking strategy and delivery where he led engagements with business partners to deliver strategic objectives.