Bank closes acquisition, names Florida leader

Arkansas-based Bank of the Ozarks, following the closing of its $402.5 million acquisition of St. Petersburg-based C1 Financial, has named a new Florida leader.

Alan Randolph, formerly executive vice president and senior lender with C1 Bank, is the new Florida division president for Bank of the Ozarks, a statement says. He will oversee 44 Florida offices.

Trevor Burgess, C1 Bank's former president and CEO, is the new chief innovation officer for Bank of the Ozarks, the statement adds.