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Farmers and Merchants Bank Appoints Mark D. Tapp As President and CEO

Mar 16, 2024over 1 year ago

Position

Chief Executive Officer

Company

Farmers & Merchants Bank

Mark D. Tapp
BaldwynAgriculture and FarmingFinancial Services

Description

Farmers and Merchants Bank announces the appointment of Mark D. Tapp as President and Chief Executive Officer, replacing longtime president and CEO John Haynes.

Company Information

Company

Farmers & Merchants Bank

Location

Baldwyn, Mississippi, United States

About

Farmers and Merchants Bank (FMBank) was established in Baldwyn in 1941, and today it has 12 offices with total assets of some $485 million.

Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Related People

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