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Leadership changes · SPFI · SEC Form 8-K, Item 5.02

Leadership changes at South Plains Financial, Inc. (2026)

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Who joined and who left South Plains Financial, Inc. (SPFI)? 3 appointments and 1 departure reported from 2026-04-01 to 2026-06-17, each cited to the company's own filing.

Cory T. Newsom was named Chief Executive Officer of South Plains Financial, Inc., succeeding Curtis C. Griffith. As of November 6, 2026, South Plains Financial, Inc. has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 1, 2026 to June 17, 2026, naming 3 appointments and 1 departure (Form 8-K, June 17, 2026).

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Changes4
In (appointed)3
Out (departing)1
Latest filing2026-06-17

South Plains Financial, Inc. reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-01 to 2026-06-17. They name 3 people, with 3 appointments and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as South Plains Financial, Inc. files it.

Also on the record for South Plains Financial, Inc.

DateRecordFigureOur pageSource
August 12, 2026Stake report, Schedule 13G/A, by Curtis C. Griffith6.15% of the class5%+ stakesSource
December 1, 2025Acquired BOH Holdings, Inc.—AcquisitionSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-06-17OutChief Executive Officer8-K, 2026-06-17
2026-06-17InChief Executive Officer8-K, 2026-06-17
2026-04-01In8-K, 2026-04-01
2026-04-01InPresident8-K, 2026-04-01

Who leads South Plains Financial, Inc., as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-06-17 · 8-K

Departing: Curtis C. Griffith, Chief Executive Officer

(b) Departure of Curtis C. Griffith as Chief Executive Officer On June 17, 2026, Mr. Curtis C. Griffith, Chairman of the Board and Chief Executive Officer of South Plains Financial, Inc. (the "Company"), notified the board of directors of the Company of his decision to retire as Chief Executive Officer of the Company and transition to an advisory role.

Appointed: Cory T. Newsom, Chief Executive Officer

(c) Appointment of Cory T. Newsom as Chief Executive Officer On June 17, 2026, the board of directors of the Company appointed Mr. Cory T. Newsom to serve as the Chief Executive Officer of the Company, effective upon Mr. Griffith's retirement on December 31, 2026.

Also stated in this filing

  • In addition, and as a result of changes in the Company's shareholder ownership since 2019, Henry TAW LP (the "Shareholder") and the Company mutually agreed to terminate that certain Board Representation Agreement, dated March 7, 2019 (the "Board Representation Agreement"), by and between the Shareholder and the Company, pursuant to which the Shareholder had the right to designate one (1) individual for nomination to the Board, subject to the terms and conditions set forth therein.
  • The Board Representation Agreement was terminated effective as of June 17, 2026.
  • The Shareholder (through its predecessor) originally acquired shares of the Company's common stock when the Company was a private entity and not widely-held.
  • At the time the Board Representation Agreement was implemented, the Shareholder owned approximately 16% of the Company's outstanding shares of common stock.
  • The Company's shareholder base has since expanded, and the Company's ownership has become less concentrated among several large shareholders.
  • As a result, the Shareholder presently owns less than 10% of the Company's outstanding shares of common stock.
  • As part of the Company's maturation as a publicly traded company and becoming a more widely held entity, the Company believes that it is in the best interest of its shareholders to terminate the Board Representation Agreement.
Filed 2026-04-01 · 8-K

Appointed: James D. Stein

Effective as of the effective time of the Merger, the City Bank Board appointed Mr. Stein to serve on the Credit Risk Committee of the City Bank Board.

Appointed: James D. Stein, President

Pursuant to the employment agreement, Mr. Stein will serve as Houston Market President - BOH for a term of two (2) years, at which time the employment agreement will automatically and immediately terminate.

Also stated in this filing

  • Pursuant to the terms of the Reorganization Agreement, as of the effective time of the Merger, the Board of Directors of SPFI (the "SPFI Board") increased the number of directors of SPFI from six (6) to seven (7), and appointed Mr. James D. Stein to the SPFI Board as a Class II director to serve until SPFI's 2027 annual meeting of shareholders or until his successor is elected and qualified or until his earlier death, resignation, retirement, disqualification or removal from office.
  • In addition, effective as of the effective time of the Merger, pursuant to the Reorganization Agreement, the Board of Directors of City Bank (the "City Bank Board") appointed Mr. Stein to the City Bank Board as a Class III director to serve until City Bank's 2028 annual meeting of shareholders or until his successor is elected and qualified or until his earlier death, resignation, retirement, disqualification or removal from office.
  • Mr. Stein has not been appointed to serve on a committee of the SPFI Board at this time.
  • In connection with the closing of the Merger, Mr. Stein entered into an employment agreement with City Bank, effective immediately upon the consummation of the Merger.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Permanent URL: https://mentionfox.com/executive-changes/south-plains-financial
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3
South Plains Financial, Inc. names Cory T. Newsom CEO (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/south-plains-financial