Colony Bankcorp, Inc. Welcomes Paul Joiner III to Board of Directors
Colony Bankcorp, Inc. (NYSE: CBAN) (referred to as “Colony” or “the Company”) has announced the appointment of Paul Joiner, III to its Board of Directors, as well as to the Board of Colony Bank. This appointment, which becomes effective on March 1, 2025, represents a significant step in the Company’s continued efforts to strengthen its leadership team with experienced professionals who align with its core values and strategic direction.
Paul Joiner brings an extensive background in finance, accounting, corporate leadership, and real estate investment. With over two decades of experience in these fields, he has developed a reputation as a strategic thinker with the ability to drive financial growth and operational excellence. Currently serving as Vice President of Finance at SASCO Chemical Group and its affiliated entities, Joiner has played a key role in leading financial initiatives, including mergers, acquisitions, and business integrations. His experience in managing complex financial structures and overseeing corporate transactions has positioned him as a valuable asset to organizations focused on long-term financial stability and growth.
Before joining SASCO Chemical Group, Joiner held the position of Chief Financial Officer at Thrush Aircraft, a company recognized for its production of specialized agricultural aircraft. In this role, he was instrumental in financial planning, regulatory compliance, and operational improvements. His tenure at Thrush Aircraft enhanced his expertise in corporate finance, auditing, and risk management. Prior to this, Joiner worked at the well-regarded regional accounting firm Mauldin & Jenkins, where he gained in-depth experience in auditing, regulatory reporting, and financial advisory services. His time at the firm allowed him to develop a strong foundation in financial regulations and corporate governance, skills that will be highly beneficial in his new role at Colony Bankcorp.
Beyond his corporate leadership experience, Joiner is actively engaged in real estate investment, focusing on both residential and commercial properties. His involvement in the real estate sector has provided him with insights into market trends, asset valuation, and strategic investment decisions. This additional layer of expertise complements his financial background and aligns well with Colony’s interests in serving commercial real estate clients and expanding its investment portfolio.
Mark H. Massee, Chairman of the Board of Directors at Colony Bankcorp, expressed his enthusiasm regarding Joiner’s appointment. “Paul’s extensive experience, both in finance and corporate leadership, makes him an excellent addition to our Board. His ability to navigate complex financial landscapes and execute strategic growth initiatives will be invaluable to Colony. More importantly, Paul embodies the values we uphold as an organization—integrity, community engagement, and a commitment to excellence. We are confident that his contributions will support our mission of delivering exceptional value to our shareholders and customers.”
In addition to his professional achievements, Joiner is a Certified Public Accountant (CPA) and holds advanced degrees in accounting from the University of Georgia. His academic background has provided him with a strong analytical foundation, which has been instrumental in his ability to assess financial risks, optimize corporate strategies, and ensure compliance with industry regulations. His financial acumen, combined with his leadership experience, makes him a well-rounded addition to Colony’s Board.
A native of Albany, Georgia, Joiner has deep-rooted connections to the local community. He is actively involved in various professional and community organizations, demonstrating his dedication to civic engagement and economic development. His involvement in his church and commitment to community service reflect his belief in the importance of giving back and fostering growth at the local level. This community-centric perspective aligns seamlessly with Colony’s mission to serve and support the regions in which it operates.
T. Heath Fountain, Chief Executive Officer of Colony Bankcorp, also shared his thoughts on Joiner’s appointment. “I have known Paul both personally and professionally for many years, and I am thrilled to welcome him to our Board. His ability to think strategically and his deep understanding of financial operations will be instrumental as we continue to expand our reach and enhance our service offerings. Paul’s leadership qualities, coupled with his financial expertise, will play a vital role in driving the Company’s long-term success. We are confident that his insights and contributions will help us achieve our goals and create lasting value for our stakeholders.”
Colony Bankcorp has a strong history of appointing leaders with the expertise and vision necessary to drive sustainable growth. The addition of Joiner to the Board underscores the Company’s commitment to enhancing its governance structure and ensuring that it remains well-positioned to navigate evolving industry challenges. As the financial landscape continues to shift due to economic fluctuations, regulatory changes, and technological advancements, having experienced leaders like Joiner on board will be crucial in steering the Company toward continued success.
The appointment of Joiner comes at a time when Colony Bankcorp is focused on expanding its market presence and strengthening its financial position. The Company has been making strategic moves to enhance its service offerings, streamline its operations, and invest in technology-driven banking solutions. Joiner’s expertise in finance, mergers, and strategic planning will be particularly beneficial in supporting these initiatives and ensuring that Colony remains a competitive force in the banking sector.
Furthermore, Colony Bankcorp’s emphasis on community banking and personalized service remains a cornerstone of its business model. Joiner’s strong ties to the local community and his dedication to fostering meaningful relationships align perfectly with the Company’s approach to customer service. His understanding of both the corporate and community banking landscapes will help Colony Bankcorp continue to build trust with its customers and stakeholders while pursuing innovative financial solutions.
As Joiner prepares to assume his new role, stakeholders within the Company and the broader financial community are eager to see how his expertise will contribute to Colony Bankcorp’s strategic initiatives. His proven track record in financial management, corporate leadership, and real estate investment positions him as a key player in helping the Company achieve its long-term objectives.
In conclusion, the appointment of Paul Joiner, III to the Board of Directors of Colony Bankcorp and Colony Bank represents a strategic move that aligns with the Company’s mission of fostering growth, innovation, and community engagement. With a wealth of experience in finance, accounting, and leadership, Joiner is poised to make significant contributions to the Company’s continued success. As Colony Bankcorp moves forward, it remains committed to strengthening its leadership team with individuals who bring not only expertise but also a shared vision for the Company’s future. The addition of Joiner to the Board reinforces this commitment and sets the stage for continued growth and value creation for all stakeholders involved.
