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J. Richard Medlock, Jr. has been named President and Chief Executive Officer of Greer Bancshares, Inc. and its subsidiary Greer State Bank today.
Medlock will also serve as a member of the board of directors for both entities. He has been interim head of the bank since June 12 last year when the board of directors reportedly decided to launch a search.
The board of directors, after nine months, determined Medlock was worthy of the permanent title. He has spent virtually his entire 28 years banking career at Greer State Bank.
“Rick has served with distinction and excellence in every position he has held at the bank,” said Gary M. Griffin, Chairman of the Board of Greer Bancshares and Greer State Bank. “He has shown true leadership and has been a steadying influence throughout the history of the Bank.
“We are delighted to have Rick serve in this important role as we continue to make banking at Greer State Bank an exceptionally rewarding experience,” Griffin said.
Medlock was unavailable for comment when this story was posted.
Medlock was asked to serve in the interim role when former president and CEO George Burdette left the bank last June when he decided to forego the renewal of his employment contract.
Since its inception in 1988, Medlock initially began his career with Greer State Bank as an Internal Auditor, then Chief Financial Officer for 23 years, and most recently, interim President and CEO.
John Hobbs has also earned a promotion. Hobbs takes over as Chief Financial Officer. He served as Senior Vice President, Controller and Chief Risk Officer for the Bank.
“John brings over twenty-eight years of experience in the banking industry that includes fourteen years serving as CFO at community banks,” stated Medlock. “Having joined our bank five years ago, we congratulate him on this promotion and appreciate his continued service to the bank.”