Oakworth Capital Inc. Announces Addition of Carothers to Board of Directors

Oakworth Capital Inc. announced that W. Russell “Russ” Carothers III was appointed to its board of directors, effective , July 15, 2026.

Oakworth’s Chairman and CEO Scott Reed stated, “Russ’ depth of knowledge and experience across all facets of the financial services industry will be an asset to our board and to our company. We look forward to his insight and direction as we continue our mission to ‘Redefine Financial Services’ by making our clients’ financial lives easier and helping them achieve their objectives.”

Carothers brings nearly 40 years of finance, information technology and operational leadership experience, having served 37 years at EY in the financial services audit practice with a specialization in banking and capital markets.

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Carothers has served clients across the financial services spectrum from community banks to multinational financial services corporations to global exchanges. Carothers will serve as a financial expert and chair Oakworth’s audit committee.

Oakworth Capital, Inc. operates as the bank holding company for Oakworth Capital Bank (OTCQX: OAKC). Oakworth was founded in 2008 and operates four offices in the Southeast, including its headquarters in Birmingham, Alabama. Oakworth provides commercial and private banking, wealth management and advisory services to clients across the United States.

Oakworth has been ranked among American Banker’s “Best Banks to Work For in the U.S.” for the past nine years, holding the top spot for six of those years and ranking No. 2 most recently. Additionally, Oakworth’s 2025 average Net Promoter Score (NPS) was 95 with a commensurate client retention rate of 95%. As of March 31, 2026, Oakworth had $2.0 billion in total assets, $1.7 billion in gross loans, $1.8 billion in deposits and $2.7 billion in wealth and trust assets under management.