BancorpSouth, Inc., BXS announced today the resignation of R. Madison Murphy from the Board of Directors of BancorpSouth, Inc., and BancorpSouth Bank, effective at the close of business on August 5, 2011. Mr. Murphy, the Managing Member of Murphy Family Management, LLC, headquartered in El Dorado, Arkansas, has served as a director since 2000 and is a member of the Audit Committee of the BancorpSouth, Inc., Board of Directors.
Aubrey Patterson, BancorpSouth Chairman and CEO said, "We greatly appreciate Madison Murphy's expertise and counsel as a director of BancorpSouth, Inc., and BancorpSouth Bank for the past 11 years, as well as his hard work as a member of the Audit Committee. We thank him for his commitment and integrity, and we wish him well in his future endeavors."
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