ASHEVILLE, N.C., March 28, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of HomeTrust Bancshares, Inc. (the "Company") (Nasdaq:HTBI), the holding company for HomeTrust Bank (the "Bank"), announced today that F. Edward Broadwell, Jr. will retire as Chairman and Chief Executive Officer of the Company and the Bank effective at the Company's next annual meeting of shareholders, which is expected to be held in November 2013. Mr. Broadwell will be succeeded as CEO by Dana L. Stonestreet, who currently serves as President and Chief Operating Officer and a director of the Company and the Bank. Effective July 1, 2013 until Mr. Broadwell's retirement date, Messrs. Broadwell and Stonestreet will serve as co-CEOs of the Company and the Bank. Mr. Broadwell will continue as a director of the Company and the Bank until the annual meeting of shareholders to be held in the fall of 2014.
F. Edward Broadwell, Jr.
Dana L. Stonestreet
Photos accompanying this release are available at http://www.globenewswire.com/newsroom/prs/?pkgid=17862http://www.globenewswire.com/newsroom/prs/?pkgid=17863 Director Larry McDevitt, Chairman of the Board's Governance and Nominating Committee stated, "This succession in executive leadership has been carefully planned by the Board over the past several years. We are extremely grateful to Ed Broadwell for the many years of dedicated service and outstanding leadership he has provided to HomeTrust. The Bank has grown tremendously in many ways under his watch, which has spanned nearly half a century. At the same time, we are pleased to announce that Ed will be succeeded as CEO by Dana Stonestreet. We have the utmost confidence in Dana, who has served HomeTrust extremely well for the past twenty-four years and has already demonstrated the strength of his leadership skills and the depth of his industry knowledge."
