logo
Synovus accelerates growth in Atlanta with addition of new talent

Synovus accelerates growth in Atlanta with addition of new talent

Yahoo05-06-2025
COLUMBUS, Ga., June 05, 2025--(BUSINESS WIRE)--Synovus is accelerating its growth by adding new relationship managers in commercial and middle market banking and wealth services, reinforcing its commitment to delivering personalized, relationship-driven banking. The bank expects to increase its hiring of relationship managers by 20%-30% across target growth markets in the southeast over the next three years.
"As we expand in high-opportunity markets throughout the southeast, we're investing in talented individuals who have a deep understanding of local economies and prioritize a client-centric approach with proactive financial guidance," said Synovus Chairman, CEO and President Kevin Blair. "Our relationship managers play a key role in building strong, lasting partnerships and making a meaningful impact in the communities we serve."
Relationship managers bring extensive industry knowledge and proven expertise to help businesses and individuals navigate today's ever-changing economic landscape. Synovus is investing in top talent as it continues its transformative path to sustainable growth.
Atlanta market additions:
Eric Clark, commercial bankerClark has nearly 20 years of relationship management experience within the banking industry, working for various banks in the southeast. He joins Synovus from JP Morgan Chase.
Will Clay, wholesale middle market relationship managerClay has extensive experience with clients in middle market banking from previous roles at Servis 1st Bank and BB&T.
Robert Mann, commercial bankerMann brings 25 years of commercial banking experience as a sales and operations executive. A former tax commissioner in Gwinnett County, Georgia, Mann joins Synovus from Bank of America.
The bank's focus on high-opportunity markets includes Atlanta, Georgia; Birmingham, Alabama; Charleston, Columbia, Greenville and Spartanburg, South Carolina; and Miami, Orlando and Tampa, Florida.
Core relationship-based banking is fundamental to Synovus, and this growth strategy taps into the bank's existing networks to gain a stronger competitive edge in these markets.
# # #
Synovus Bank, a Georgia-chartered, FDIC-insured bank, provides commercial and consumer banking in addition to a full suite of specialized products and services, including wealth services, treasury management, mortgage services, premium finance, asset-based lending, structured lending, capital markets and international banking. Synovus has branches in Georgia, Alabama, Florida, South Carolina and Tennessee. Synovus is a Great Place to Work-Certified Company. Learn more about Synovus at synovus.com.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements" within the meaning of, and subject to the protections of, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. You can identify these forward-looking statements through Synovus' use of words such as "believes," "anticipates," "expects," "may," "will," "assumes," "should," "predicts," "could," "would," "intends," "targets," "estimates," "projects," "plans," "potential" and other similar words and expressions of the future or otherwise regarding the outlook for Synovus' future business and financial performance and/or the performance of the banking industry and economy in general.
These forward-looking statements are based upon information presently known to Synovus' management and are inherently subjective, uncertain and subject to change due to any number of risks and uncertainties, including, without limitation, the risks and other factors set forth in Synovus' filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2024, under the captions "Cautionary Notice Regarding Forward-Looking Statements" and "Risk Factors" and in Synovus' quarterly reports on Form 10-Q and current reports on Form 8-K. We believe these forward-looking statements are reasonable; however, undue reliance should not be placed on any forward-looking statements, which are based on current expectations and speak only as of the date that they are made. We do not assume any obligation to update any forward-looking statements as a result of new information, future developments or otherwise, except as otherwise may be required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250605842739/en/
Contacts
Audria BeltonMedia Relationsmedia@synovus.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

RingCentral Appoints Vaibhav Agarwal as Chief Financial Officer
RingCentral Appoints Vaibhav Agarwal as Chief Financial Officer

Yahoo

timea few seconds ago

  • Yahoo

RingCentral Appoints Vaibhav Agarwal as Chief Financial Officer

BELMONT, Calif., August 05, 2025--(BUSINESS WIRE)--RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered business communications, today announced that Vaibhav Agarwal has been appointed Chief Financial Officer, effective immediately. Agarwal, who has been with RingCentral since 2016, will succeed Abhey Lamba, who will continue to serve as an Executive Advisor through the end of the year. Agarwal will be responsible for all the company's financial functions, including financial planning, controllership, tax, treasury, corporate development and investor relations. "I want to congratulate Vaibhav Agarwal on his promotion to Chief Financial Officer of RingCentral. With his nine year tenure in prior roles as Chief Accounting Officer, Chief Transformation Officer, and deputy Chief Financial Officer here at RingCentral, Vaibhav has been a key contributor scaling the company from $400 million to a $2.6 billion run-rate business, while meaningfully contributing to our increasing profitability," said Vlad Shmunis, Founder, Chairman and CEO of RingCentral. "His deep understanding of our business and proven financial leadership sets us up well for our next phase of profitable growth. I also want to thank Abhey Lamba for his contributions and look forward to working with him in his new role as an executive advisor." "I'm honored to step into the role of CFO at RingCentral. We have executed well across all key metrics —delivering profitable growth, expanding margins, achieving GAAP profitability, generating record free cash flow and meaningful FCF per share. This provides us with a flexible capital allocation strategy, focused on investing in innovation, paying down debt, reducing share count, and returning capital to shareholders. With a large market opportunity across UCaaS, CCaaS, and our expanding AI portfolio, I'm excited to work with the leadership team to drive the next chapter of success," said Vaibhav Agarwal, Chief Financial Officer of RingCentral. About Vaibhav Agarwal Agarwal is an accomplished finance executive and has been an integral part of RingCentral's leadership team since 2016, holding prior roles as Chief Accounting Officer, Chief Transformation Officer, and deputy Chief Financial Officer and supporting the Company's growth to a $2.6 billion run rate business, from approximately $400 million when he joined. He brings extensive experience in leading corporate and operational finance experience across the technology industry. Prior to RingCentral, he held senior finance roles at Intel Corporation, Altera, Intuitive Surgical, and PricewaterhouseCoopers. Agarwal holds an MBA from the University of Illinois at Urbana-Champaign, is a Chartered Accountant from India, a California CPA (inactive) and has an undergraduate degree in accounting and finance from the University of Delhi. About RingCentral RingCentral is a global leader in AI-powered business communications, contact center, conversational intelligence, video and hybrid event solutions. RingCentral empowers businesses with conversation intelligence and unlocks rich customer and employee interactions to provide insights and improved business outcomes. With decades of expertise in reliable and secure cloud communications, RingCentral has earned the trust of hundreds of thousands of customers and millions of users worldwide. Visit to learn more. ©2025 RingCentral, Inc. All rights reserved. RingCentral and the RingCentral logo are trademarks of RingCentral, Inc. View source version on Contacts Investor Relations Contact: RingCentral Investor Relationsir@ Media Contact: Mariana Leventis,

Acadia Pharmaceuticals to Participate in the Canaccord Genuity 45th Annual Growth Conference
Acadia Pharmaceuticals to Participate in the Canaccord Genuity 45th Annual Growth Conference

Yahoo

timea few seconds ago

  • Yahoo

Acadia Pharmaceuticals to Participate in the Canaccord Genuity 45th Annual Growth Conference

SAN DIEGO, August 05, 2025--(BUSINESS WIRE)--Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that it will participate in a fireside chat at Canaccord Genuity 45th Annual Growth Conference on Wednesday, August 13, 2025 at 2:30 p.m. Eastern Time. A live webcast of Acadia's fireside chat will be accessible on the company's website, under the investors section and an archived recording will be available on the website for approximately one month following the presentation. About Acadia Pharmaceuticals Acadia is advancing breakthroughs in neurological and rare diseases to elevate life. Since our founding we have been working at the forefront of healthcare to bring vital solutions to people who need them most. We developed and commercialized the first and only FDA-approved drug to treat hallucinations and delusions associated with Parkinson's disease psychosis and the first and only approved drug in the United States and Canada for the treatment of Rett syndrome. Our clinical-stage development efforts are focused on Prader-Willi syndrome, Alzheimer's disease psychosis and multiple other programs targeting neuroscience and neuro-rare diseases. For more information, visit us at and follow us on LinkedIn and X. View source version on Contacts Investor Contact: Acadia Pharmaceuticals Kildani(858) 261-2872ir@ Acadia Pharmaceuticals Tieszen(858) 261-2950ir@

Pitney Bowes Inc. Announces Proposed Offering of $200 Million of Convertible Senior Notes
Pitney Bowes Inc. Announces Proposed Offering of $200 Million of Convertible Senior Notes

Business Wire

timea minute ago

  • Business Wire

Pitney Bowes Inc. Announces Proposed Offering of $200 Million of Convertible Senior Notes

STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE:PBI) ('Pitney Bowes' or, the 'Company') today announced that it intends to offer, subject to market and other conditions, $200 million aggregate principal amount of its convertible senior notes due 2030 (the 'Convertible Notes') in a private placement under the Securities Act of 1933, as amended (the 'Securities Act'). The Company also intends to grant the initial purchasers of the Convertible Notes an option to purchase, within a 13-day period from, and including, the date on which the Convertible Notes are first issued, up to an additional $30 million aggregate principal amount of the Convertible Notes. The Company intends to use a portion of the net proceeds from the offering to pay the cost of the capped call transactions described below. If the initial purchasers of the Convertible Notes exercise their option to purchase additional Convertible Notes, the Company expects to use a portion of the net proceeds from the sale of the additional Convertible Notes to enter into additional capped call transactions with the option counterparties described below. In addition, the Company expects to use up to $75 million of the net proceeds from the offering to repurchase shares of the Company's common stock concurrently with the pricing of the offering in privately negotiated transactions effected with or through one of the initial purchasers or its affiliate. The Company expects to use any remainder of the net proceeds from the offering for general corporate purposes and other strategic investments that align with the Company's capital strategy, which may include reinvestments in the Company's business, the repayment or refinancing of debt and other initiatives designed to reduce the Company's leverage or average borrowing cost. The Convertible Notes will be senior unsecured obligations of the Company and will be guaranteed fully, unconditionally, and jointly and severally by each of the Company's existing and future wholly owned U.S. subsidiaries that guarantees the Company's existing credit agreement, existing senior notes or any other series of capital markets debt with an aggregate principal amount outstanding in excess of $150.0 million. The Convertible Notes will mature on August 15, 2030, unless redeemed, repurchased or converted earlier. The initial conversion rate, interest rate, and certain other terms of the Convertible Notes will be determined by negotiations between the Company and the initial purchasers. Prior to May 15, 2030, the Convertible Notes will be convertible only upon satisfaction of certain conditions and during certain periods, and, thereafter, will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The Company will settle conversions of the Convertible Notes by paying cash up to the aggregate principal amount of the Convertible Notes to be converted and delivering shares of its common stock in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the Convertible Notes being converted. The Company may not redeem the Convertible Notes prior to August 21, 2028. The Company may redeem for cash all or any portion of the Convertible Notes, at its option, on or after August 21, 2028, if the last reported sale price of the Company's common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which the Company provides notice of redemption at a redemption price equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. In connection with the pricing of the Convertible Notes, the Company expects to enter into privately negotiated capped call transactions with one or more of the initial purchasers of the Convertible Notes or their respective affiliates and/or other financial institutions (the 'option counterparties'). The capped call transactions are expected generally to reduce potential dilution to the Company's common stock upon any conversion of notes, with such reduction subject to a cap. In connection with establishing their initial hedges of the capped call transactions, the Company expects the option counterparties or their respective affiliates to purchase shares of the Company's common stock and/or enter into various derivative transactions with respect to the Company's common stock concurrently with or shortly after the pricing of the Convertible Notes. This activity could increase (or reduce the size of any decrease in) the market price of the Company's common stock or the Convertible Notes at that time. In addition, the option counterparties or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to the Company's common stock and/or purchasing or selling shares of the Company's common stock or other securities of the Company in secondary market transactions following the pricing of the Convertible Notes and prior to the maturity of the Convertible Notes (and are likely to do so on each exercise date for the capped call transactions or following any termination of any portion of the capped call transactions in connection with any repurchase, redemption or early conversion of the Convertible Notes). This activity could also cause or avoid an increase or a decrease in the market price of the Company's common stock or the Convertible Notes, which could affect a noteholder's ability to convert the Convertible Notes and, to the extent the activity occurs following conversion or during any observation period related to a conversion of Convertible Notes, it could affect the amount and value of the consideration that a noteholder will receive upon conversion of its Convertible Notes. In connection with the concurrent share repurchase described above, the Company expects to repurchase shares of its common stock sold short by initial investors in the offering in privately negotiated transactions effected with or through one of the initial purchasers or its affiliate at a purchase price per share equal to the last reported sale price per share of the Company's common stock on the pricing date of the offering. These repurchases could increase (or reduce the size of any decrease in) the market price of the Company's common stock or the Convertible Notes. This activity could affect the market price of the Company's common stock prior to, concurrently with or shortly after the pricing of the Convertible Notes, and could result in a higher effective conversion price for the Convertible Notes. The offering is being made to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act. Any offers of the Convertible Notes will be made only by means of a private offering memorandum. None of the Convertible Notes, the related guarantees or any shares of the common stock issuable upon conversion of the Convertible Notes have been or are expected to be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States or to U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. No assurance can be made that the offering of the Convertible Notes will be completed on its anticipated terms, or at all. This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the Convertible Notes or any other securities, and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. About Pitney Bowes Pitney Bowes (NYSE: PBI) is a technology-driven products and services company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world – including more than 90 percent of the Fortune 500. Small businesses to large enterprises, and government entities rely on Pitney Bowes to reduce the complexity of sending mail and parcels. For the latest news, corporate announcements, and financial results, visit For additional information, visit Pitney Bowes at Forward-Looking Statements This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements concerning the timing and completion of the offering of the Convertible Notes, the concurrent share repurchase and the capped call transactions and the anticipated use of proceeds from the offering. Words such as 'estimate,' 'believe,' 'expect,' 'anticipate,' 'intend' and similar expressions may identify such forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments or events may differ materially from those in the forward-looking statements as a result of various factors, including financial community perceptions of the Company and its business, operations, financial condition and the industries in which it operates and the other factors as more fully outlined in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and other reports filed with the Securities and Exchange Commission during 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store