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Springfield, MO
A 24-year executive of Great Southern Bancorp Inc. (Nasdaq: GSBC) set a 2021 retirement date.
Doug Marrs, vice president and director of operations for Great Southern Bank, plans to retire in June next year, according to a filing with the U.S. Securities and Exchange Commission. Marrs' profile on Great Southern's website indicates he previously served as a bank officer over operations and data processing at a competing $1 billion bank.
"Mr. Marrs announced his intention to retire well in advance to assure an orderly leadership transition over the next year," the filing reads. "A succession plan is in place."
Great Southern spokesperson Kelly Polonus said via email that Mark Maples would succeed Marrs when he retires. A 15-year Great Southern employee, Maples currently is vice president and managing director of Bank Secrecy Act and loss prevention. A Springfield banker since 1982, Maples has worked his entire career in the Springfield area, including roles in bank operations, data processing and retail banking, Polonus said.
Two candidates are vying for a seat being vacated by term-limited Springfield Mayor Ken McClure, who is serving his fourth and final two-year term.
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