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BankSouth Appoints New Member to Board of Directors
Press Release
May 21, 2015
Contact
Amy Miller
VP, Marketing BankSouth
[email protected]
(404) 395-5106
FOR IMMEDIATE RELEASE
BankSouth Elects Former CEO and President of Georgia Power to Board of Directors
Greensboro, GA: BankSouth announces the election of Michael D. Garrett, former President and
CEO of Georgia Power, to their Board of Directors on May 19th, 2015.
Garrett is the retired president and CEO of Georgia Power, the largest subsidiary of Southern
Company and one of the nation's leading generators of electricity. Garrett, began his Southern
Company career in 1968 at Georgia Power and served in a variety of roles up until becoming
president and CEO from 2004 – 2010. Prior to leading Georgia Power, Garrett was president and
CEO of Mississippi Power and an executive vice president at Alabama Power.
“We are honored to have Mike become a member of our Board of Directors,” said Harold Reynolds,
Chairman and CEO of BankSouth. “Leading a company with the size and strength of Georgia Power
undoubtedly requires superior business expertise and strategic skills. We are fortunate to have his
unique knowledge and perspective to contribute to the success of BankSouth’s initiatives and further
strengthen our existing board of directors.”
Garrett has served in many public and civic roles while leading Georgia Power, including being
appointed to the Georgia Department of Economic Development Board by Governor Sunny Purdue in
2005, becoming Chairman in 2007. He also served on the board of the Georgia Chamber of
Commerce, leading its 2008 Campaign and becoming Chairman of the Georgia Chamber in 2009.
Previous to that, Garrett also chaired the Metro Atlanta Chamber of Commerce (MACOC) in 2006
and its 2005 campaign. Additionally he’s headed campaigns for the Woodruff Arts Center and the
United Way of Metropolitan Atlanta; and he’s previously served on the boards of Central Atlanta
Progress (CAP), Piedmont Healthcare, the Buckhead Coalition, Woodruff Arts Center and the United
Way of Metropolitan Atlanta. He’s also a previous executive committee and board member of the
Georgia Partnership for Excellence in Education and a past member of the Edison Electric Institute.
“BankSouth puts our customers and communities first. We have experienced strong and steady
expansion in recent years across multiple business channels and in new communities. We are
constantly evolving to meet our customers’ needs while remaining true to our relationship banking
model, Mike’s diverse background and commitment to community aligns with BankSouth’s core
values to be ready, responsive, and respectful. We are all confident that Mike’s experience as a
leader in the state and the community will greatly contribute to and enhance our progress,” said
Reynolds.
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About BankSouth
BankSouth, founded in 1946, is a community bank headquartered at Lake Oconee with $400 million
in assets serving customers locally as well as in the Athens, Atlanta and Savannah areas. BankSouth
has been recognized as one of the top performing community banks in the nation. Focusing on
providing superior customer service, BankSouth offers personal and business banking solutions,
lending and mortgage products as well as wealth management services. BankSouth Mortgage,
headquartered in Atlanta, Georgia, is the fourth-largest purchase mortgage and third-largest new
construction mortgage provider in Georgia. The retail mortgage arm offers premier mortgage services
and products with 8 locations and wide area network of strategically placed “best in class” mortgage
bankers in the southeast.
www.banksouth.com