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ACBI

Atlantic Capital

$18.45

-0.1 (-0.54%)

16:07
10/13/17
10/13
16:07
10/13/17
16:07

Atlantic Capital president, COO Mike Kramer resigns from company

Atlantic Capital Bancshares, the parent company of Atlantic Capital Bank, announced that D. Michael Kramer has tendered his resignation as president and COO of Atlantic Capital and Atlantic Capital Bank, effective December 22, 2017. Douglas L. Williams, current CEO, has been appointed to serve as president of Atlantic Capital and Atlantic Capital Bank, effective December 22, 2017, and will continue to serve as CEO. Williams served as president prior to the merger with First Security Group, Inc. in October, 2015. Kramer has also resigned from the doard of directors of Atlantic Capital, effective October 31, 2017. In connection with Kramer's resignation, the board of directors reduced the size of the board from 11 to 10, effective October 31, 2017. Williams said, "With news of Mike's decision to retire from Atlantic Capital, we are also pleased to announce a new leadership team to continue the momentum we have developed since the First Security transaction and improve operating performance. We believe that the new leadership team reflects the best allocation of our most valuable resource - our people - and I look forward to working closely with each of them to write the next chapter in Atlantic Capital's story." Richard Oglesby, current Chief Credit and Risk Management Officer, will become General Banking Division Executive with responsibility for Atlanta Corporate and Private Banking, Tennessee-Northwest Georgia Community Banking, Commercial Real Estate Finance, Not-for-profit and Small Business Banking, and Regional Corporate Banking. Joe DiNicolantonio will continue to lead Atlantic Capital's commercial, retail, mortgage, and private client businesses in the Tennessee-Northwest Georgia market and assume responsibility for strategic leadership in the development of small businesses and consumer banking initiatives throughout the company. In addition, Kurt Shreiner will become Corporate Financial Services Division Executive with responsibility for SBA Lending, Franchise Finance, Treasury Management Services, Payments and FinTech Banking, Product Management, Development, Capital Markets and our Charlotte office.

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ACBI Atlantic Capital
$18.45

-0.1 (-0.54%)

05/01/17
KBWI
05/01/17
DOWNGRADE
Target $20
KBWI
Market Perform
Atlantic Capital downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Brady Gailey downgraded Atlantic Capital to Market Perform with a $20 price target following the company's Q1 results.
01/30/17
SDLR
01/30/17
DOWNGRADE
Target $20
SDLR
Hold
Atlantic Capital downgraded to Hold from Buy at Sandler O'Neill
Sandler O'Neill analyst Stephen Scouten downgraded Atlantic Capital to Hold citing valuation and maintained its $32 price target.
01/27/17
FIGP
01/27/17
DOWNGRADE
FIGP
Market Perform
Atlantic Capital downgraded to Market Perform from Outperform at Fig Partners
12/21/16
SDLR
12/21/16
UPGRADE
Target $20
SDLR
Buy
Atlantic Capital upgraded to Buy from Hold at Sandler O'Neill
Sandler O'Neill analyst Stephen Scouten upgraded Atlantic Capital to Buy with a $20 price target given the steepening yield curve, potential for a lower corporate tax rate environment, and the potential to be an M&A target.

TODAY'S FREE FLY STORIES

HDP

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0.03 (0.16%)

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PVG

Pretium Resources

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-0.05 (-0.76%)

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AAP

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Extra Space Storage

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Early notable gainers among liquid option names on February 21st »

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GVA

Granite Construction

$60.01

0.0066 (0.01%)

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CPS

Cooper-Standard

$120.74

-0.8988 (-0.74%)

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LEXEB

Liberty Expedia Holdings

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ANET

Arista Networks

$249.53

-0.125 (-0.05%)

09:50
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LEXEB

Liberty Expedia Holdings

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09:45
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Existing Home Sales to be reported at 10:00 »

January Existing Home…

PM

Philip Morris

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Earnings
Philip Morris sees Q1 EPS about 87c, including 3c of favorable currency 

Consensus is 90c.

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DVAX

Dynavax

$17.25

0.025 (0.15%)

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GRMN

Garmin

$64.86

-0.35 (-0.54%)

, DUST

Direxion Daily Gold Miners Bear 3X ETF

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Options
Unusually active option classes on open February 21st »

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GRMN

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DUST

Direxion Daily Gold Miners Bear 3X ETF

STZ

Constellation Brands, also tag STZ.B

PEP

PepsiCo

$109.48

-1.58 (-1.42%)

XRT

S&P Retail Index SPDR

P

Pandora

GM

General Motors

MA

MasterCard

NXPI

NXP Semiconductors

$125.56

7.06 (5.96%)

MCD

McDonald's

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DKS

Dick's Sporting

09:38
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09:35
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Treasury 5-year auction outlook: the $35 B sale is the second leg »

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LJPC

La Jolla

$33.17

-0.7 (-2.07%)

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FNF

FNF Group

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FNF Group analyst commentary  »

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AMSC

AMSC

$4.71

0.1 (2.17%)

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  • 11

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EXPE

Expedia

$104.10

0.25 (0.24%)

09:32
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Expedia analyst commentary  »

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General news
PMI Composite Flash Manufacturing â€' Level to be reported at 09:45 »

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PMI Composite Flash â€' Level to be reported at 09:45 »

February PMI Composite…

PM

Philip Morris

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Philip Morris says media stories confusing consumers on RRPs »

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GLRE

Greenlight Capital Re

$17.55

-0.5 (-2.77%)

09:28
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Breaking Hot Stocks news story on Greenlight Capital Re »

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FGP

Ferrellgas Partners

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  • 08

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GOOGL

Alphabet Class A

$1,103.59

8.09 (0.74%)

09:27
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Alphabet Class A analyst commentary  »

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  • 28

    Feb

FCAP

First Capital

09:26
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Hot Stocks
First Capital raises quarterly dividend to 23c per share »

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