NASDAQ Comp.
04.06.2008 14:15:00
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Auto Finance Veteran Gary Perdue Named as President of Southside Financial Group
Ken Burke, CEO of Southside Financial Group LLC, today named Gary
Perdue, a 30-year auto finance veteran as President. Perdue was
most recently Chief Operating Officer of Wolters Kluwer/AppOne, one of
the leading automotive finance Internet portals. Prior to AppOne, he
held leadership positions at Capital One, DealerTrack, and CitiFinancial
Auto. "Gary brings a wealth of experience
and knowledge to our company,” said Ken Burke. "His
distinguished career and record of leadership makes him an outstanding
selection to fill the position of President at Southside Financial Group.”
As a founding member of the National Auto Finance Association, Perdue
has served as the organization’s President,
Board Chairman and he remains active as a member of the board of
directors. Ken Burke will remain as CEO of Southside Financial Group, a
subsidiary of Southside Bank (Nasdaq: SBSI). About Southside Financial Group L.L.C.
(SFG) Based in Arlington, TX, SFG acquires existing automobile portfolios
from lenders through out the country, including banks, finance
companies, and credit unions. To learn more about Southside Financial
Group, please visit www.southsidefg.com
or contact sales at 817-635-5112 or info@southsidefg.com. About Southside Bancshares, Inc. To learn more about Southside Bancshares, Inc., please visit our
investor relations website at http://www.southside.com/investor.
The site provides a detailed overview of activities, financial
information, and historical stock price data. To receive e-mail
notification of company news, events, and stock activity, please
register on the e-mail notification portion of the web site. Questions
or comments may be directed to Susan Hill at (903) 531-7220, or susanh@southside.com.
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