MidSouth Bancorp Appoints Gerald Reaux Jr. COO

MidSouth Bancorp, Inc. MSL today announced a new management structure, effective February 15, 2011, designed to increase shareholder value and support the bank's strategic growth. Longtime Lafayette banker Gerald "Jerry" Reaux Jr. will join MidSouth as Chief Operating Officer and will oversee finance and accounting, credit, information technology and human resources in addition to working closely with the mergers and acquisitions team. Mr. Reaux will be nominated to the Board of Directors of both MidSouth Bancorp and MidSouth Bank. It is anticipated that Mr. Reaux will succeed Mr. J.B. Hargroder as Vice Chairman in May of 2011 after the shareholders' meeting. MidSouth Bank veteran Troy Cloutier has been promoted to the newly created position of Chief Banking Officer and Senior Executive Vice President. Mr. Cloutier will oversee all lending, retail banking and marketing for MidSouth Bank. Both Mr. Reaux and Mr. Cloutier will report directly to MidSouth President and CEO Rusty Cloutier.
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