South Plains Financial, Inc. has named Cory Newsom, its current President and a director, as the successor to Chief Executive Officer Curtis Griffith. Griffith is set to retire from the CEO role effective December 31, 2026, though he will remain with the company in a reduced capacity. The leadership transition ensures continuity at the top of the parent company of City Bank.

Leadership Transition Details

Curtis Griffith will step down from his position as Chief Executive Officer on December 31, 2026. Following his retirement, Griffith will continue to serve as the Chairman of the Board for South Plains Financial. Additionally, he will retain his directorship on the boards of both the company and its wholly owned subsidiary, City Bank.

Cory Newsom will assume the role of Chief Executive Officer effective immediately upon Griffith's retirement. Newsom currently serves as a director and President of South Plains Financial. The board of directors formally approved Newsom's appointment to the top executive position.

Strategic Continuity

The appointment of an internal successor aligns with the company's strategy for maintaining stability. Newsom's tenure as President provided the necessary preparation for the elevation to Chief Executive Officer. Griffith's ongoing presence as Chairman offers further governance continuity during the transition period.