Author Topic: Ameris Bank moves headquarters, top executives to Atlanta  (Read 1125 times)

thelakelander

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Ameris Bank moves headquarters, top executives to Atlanta
« on: October 25, 2019, 09:48:57 AM »
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When Ameris Bancorp filed a proxy statement in February for its proposed acquisition of Fidelity Southern Corp., the company stated its holding company would be headquartered in Jacksonville after the merger.

However, when Ameris last week announced its first quarterly earnings report since completing the merger, the company said it moved the headquarters to Fidelity Southern’s home in Atlanta.

Ameris had been officially headquartered in Moultrie, Georgia, but in 2015 it moved its executive offices to the Riverplace Tower on Jacksonville’s Southbank.

Full article: https://www.jaxdailyrecord.com/article/ameris-bank-moves-headquarters-top-executives-to-atlanta
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Tacachale

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Re: Ameris Bank moves headquarters, top executives to Atlanta
« Reply #1 on: October 25, 2019, 10:11:04 AM »
Quote
When Ameris Bancorp filed a proxy statement in February for its proposed acquisition of Fidelity Southern Corp., the company stated its holding company would be headquartered in Jacksonville after the merger.

However, when Ameris last week announced its first quarterly earnings report since completing the merger, the company said it moved the headquarters to Fidelity Southern’s home in Atlanta.

Ameris had been officially headquartered in Moultrie, Georgia, but in 2015 it moved its executive offices to the Riverplace Tower on Jacksonville’s Southbank.

Full article: https://www.jaxdailyrecord.com/article/ameris-bank-moves-headquarters-top-executives-to-atlanta

Boo. So why are they bothering replacing the sign?
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Bativac

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Re: Ameris Bank moves headquarters, top executives to Atlanta
« Reply #2 on: October 25, 2019, 02:12:01 PM »
Quote
When Ameris Bancorp filed a proxy statement in February for its proposed acquisition of Fidelity Southern Corp., the company stated its holding company would be headquartered in Jacksonville after the merger.

However, when Ameris last week announced its first quarterly earnings report since completing the merger, the company said it moved the headquarters to Fidelity Southern’s home in Atlanta.

Ameris had been officially headquartered in Moultrie, Georgia, but in 2015 it moved its executive offices to the Riverplace Tower on Jacksonville’s Southbank.

Full article: https://www.jaxdailyrecord.com/article/ameris-bank-moves-headquarters-top-executives-to-atlanta

Boo. So why are they bothering replacing the sign?

Per the article, the bank will still maintain a major presence in the building. Looks like the unexpected resignation of their CEO after the merger might have had something to do with the previously unplanned move.

bl8jaxnative

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Re: Ameris Bank moves headquarters, top executives to Atlanta
« Reply #3 on: October 28, 2019, 10:54:34 AM »
These days having an HQ for a company in your city doesn't mean what it did a couple generations ago. 

For example, Wells Fargo's headquarters is San Francisco.  Yet it employs more people in downtown Charlotte and also in downtown Minneapolis than it does in downtown San Francisco. 

An even more extreme example would be Boeing.  They employ a few hunderd employees, maybe 400 or so in Chicago.   Boeing has over  150k employees

Kerry

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Re: Ameris Bank moves headquarters, top executives to Atlanta
« Reply #4 on: October 28, 2019, 03:54:03 PM »
These days having an HQ for a company in your city doesn't mean what it did a couple generations ago. 

For example, Wells Fargo's headquarters is San Francisco.  Yet it employs more people in downtown Charlotte and also in downtown Minneapolis than it does in downtown San Francisco. 

An even more extreme example would be Boeing.  They employ a few hunderd employees, maybe 400 or so in Chicago.   Boeing has over  150k employees

It matters when it comes to corporate philanthropy.

https://www.amerisbank.com/about-us/community-involvement/local-involvement/
« Last Edit: October 28, 2019, 04:27:22 PM by Kerry »
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