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Business Observer Thursday, Mar. 24, 2011 8 years ago

Superior gets new leaders

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The Alabama-based parent of a Tampa bank has new leadership in place.

TAMPA — Superior Bancorp (symbol: SUPR), the Birmingham, Ala.-based holding company that owns Tampa-based Superior Bank, has new leadership in place. C. Marvin Scott is the holding firm's new chairman and CEO, and Rick Gardner is its new president.

Superior Bank operates 67 offices between Alabama and Florida, with more than $2.8 billion in deposits between them. Along Florida's Gulf Coast, Superior operates three offices in Hillsborough County, three in Pasco, two in Pinellas, and one each in Manatee and Sarasota. Those 10 offices carry $539 million in deposits, according to the latest information from the FDIC.

Scott and Gardner move in to replace C. Stanley Bailey, who retired yesterday. Bailey held all three executive roles prior to his announced retirement.

Scott has served as company vice chairman, and CEO of Superior Bank, since October 2009, a release says. Four years prior, he began leading the Tampa bank as president. Scott's banking career spans 40 years.

Gardner has been working with Scott since 2005. While Scott led Superior Bank as president, Gardner was chief operating officer; when Scott was promoted to CEO, Gardner took over the presidency from him.

Superior Bancorp is a $3 billion thrift holding company. The per-share value of its stock is down 30% so far in 2011, to 40 cents.

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