Business Context and Reporting Period
This Form 8-K Current Report was filed by Home BancShares, Inc. on October 21, 2011. The filing reports a corporate governance event regarding the appointment of a new director to the company's Board of Directors.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
The Board of Directors voted to appoint Milburn Adams as a director, expanding the board size from 11 to 12 members. Mr. Adams has served as a director of the company's bank subsidiary, Centennial Bank, since 2004 and will continue in that role.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, outlook, management commentary on operations, or specific risk factors. Committee appointments for Mr. Adams have not been determined at the time of the report.
Key Facts for Investor Verification
- Board of Directors size increased to 12 members.
- New appointee Milburn Adams brings 44 years of business experience in central Arkansas.
- Mr. Adams has prior governance experience with the subsidiary, Centennial Bank, since 2004.
- Specific committee assignments for the new director are pending.