NACD - National Association of Corporate Directors

Bank of the Ozarks Board of Director Paula Cholmondeley Named Savoy Magazine 2017 Most Influential Black Corporate Directors

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Paula Cholmondeley has been recognized by Savoy magazine as one of their 2017 Most Influential Black Corporate Directors. Cholmondeley has served as a member of Bank of the Ozarks Board of Directors since May 2016 and serves on the Board’s Compensation Committee and CRA and Fair Lending Committee. The Savoy list recognizes African-American achievers, influencers and executives facilitating global change through their leadership.

Cholmondeley is the Chief Executive Officer of The Sorrel Group, a corporate governance consulting company founded by Ms. Cholmondeley in 2004. She previously served as Vice President and General Manager of Specialty Products for Sappi Fine Paper, a subsidiary of Sappi Limited. She has held various management positions with Owens Corning, The Faxon Company, Blue Cross of Greater Philadelphia, and Westinghouse Elevator Company, and served as a White House Fellow assisting the U.S. Trade Representative during the Reagan administration.

“We are delighted to see Paula Cholmondeley recognized as one of the most influential black directors by Savoy magazine,” stated George Gleason, Bank of the Ozarks Chairman and Chief Executive Officer. “She serves with distinction on our board of directors, bringing valuable experience and skills in corporate governance, finance, technology development and general management operations,” Gleason added.

Cholmondeley, a former C.P.A., is an alumna of Howard University and received a Master’s in Accounting from the University of Pennsylvania, Wharton School. Cholmondeley is a National Association of Corporate Directors (“NACD”) Board Leadership Fellow and part-time faculty member of the NACD In-Boardroom education program. Cholmondeley is also a director of Kapstone Paper & Packaging (NYSE: KS), Terex Corporation (NYSE: TEX) and is an independent trustee of Nationwide Mutual Funds.

GENERAL INFORMATION

Bank of the Ozarks (NASDAQ: OZRK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Bank of the Ozarks has been recognized as the #1 performing bank in the nation in its asset size for seven consecutive years. Headquartered in Little Rock, Arkansas, Bank of the Ozarks conducts banking operations through 252 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York and California and had $20.06 billion in total assets as of June 30, 2017. Bank of the Ozarks can be found at www.bankozarks.com and on FacebookTwitter and LinkedIn or contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811.