HomeTrust in N.C. Discloses CEO Retirement

By Sarah Todd November 25, 2013, 5:22 p.m. EST 1 Min Read

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Community banking

HomeTrust in N.C. Announces Retirement of Longtime CEO

HomeTrust Bancshares (HTBI) in Asheville, N.C., announced that its chief executive is stepping down after nearly 50 years at the helm.

By Chris Cumming

March 28

A longtime chairman and chief executive at HomeTrust BancShares (HTBI) in Asheville, N.C., has retired.

The $1.7 billion-asset company said Monday that F. Edward Broadwell had retired. Broadwell, who had been CEO of HomeTrust and its bank since 1965, will remain a director until the company's fall 2014 shareholder meeting.

Dana Stonestreet, who has been HomeTrust's co-CEO since July, succeeded Broadwell as chairman and CEO. Stonestreet, who joined HomeTrust in 1989 as chief financial officer, became chief operating officer in 2003 and president in 2008.

Sarah Todd

Deputy Editor, BankThink

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