South State Bank plans for continued success upon president and CEO’s retirement

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South State Bank mergers and acquisitions since 2010. (note: the Bank of America acquisition in 2015 was select BoA branches.) Photo provided by South State Bank.

John Windley, a banking veteran of 43 years, has announced his retirement as president and CEO of South State Bank after serving 12 years in the roles.

Windley joined South State in Greenville 17 years ago as the company began expansion into the Upstate.

John Windley

Windley, who will retain the title of CEO until March 2019, is heavily involved in the company’s operations and will continue to be for another year as he works part time in executive business development. 

“We’ve been very fortunate in building a much larger company over the last 17 years,” Windley said. “The most rewarding thing for me is the growth of the company and quality of the team.”

The Upstate team, with support from the community, was built from the ground up, Windley said.

“Our company has an extremely bright future,” he said of South State.

Mike Coggin

South Carolina Upstate Division President Mike Coggin has managed the Greenville and Spartanburg regions for 12 years. In the role of division president for the past two years, Coggin has seen the growth that has made South State fifth in the Greenville metropolitan statistical area and seventh in Greenville alone, according to a report in June 2017.

The Upstate division has $2.3 billion in loans outstanding and $2.3 billion in deposits, Coggin said. Overall, South State is the largest bank headquartered in South Carolina.

“Our strength and soundness is demonstrated by the fact that we have never had a quarter in which we have lost money since our inception in 1933, and we have paid a dividend each and every quarter since 1976,” Coggin said.

Working with Windley in Greenville since the beginning, Coggin said the company culture has taken on much of Windley’s personal philosophy.

“John’s personality kind of permeates the culture of the company,” he said. “You do what you say you’re going to do, and you do things the right way.” 

Windley has stressed the importance of acting with 100 percent integrity all of the time.

“And that’s how we do it here at South State Bank,” Coggin said.

He said South State Bank will continue to succeed under strong leadership.

“The CEO of South State Corp., Robert Hill, has been in his role since 2005,” Coggin said. “Most companies of our size would have to hire from outside of the company to replace a leader of John’s experience, but we are well-positioned to elevate existing talent within our company to lead us into the future.”

Greg Lapointe

Replacing Windley as South State president is Greg Lapointe, who will relocate to Charlotte, North Carolina. An executive leader at South State for nine years, Lapointe brings more than 30 years of banking experience to the position. He has served in leadership roles at Wells Fargo, Bank of America, and South State throughout the Carolinas, Georgia, and Virginia.

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