ServisFirst Bank Names David Sparacio as New CFO

Author

Slice of Finance Team
21 Feb

Key Highlights:

  • David Sparacio appointed Chief Financial Officer at ServisFirst Bank effective March 10, 2025.

  • Sparacio has over 30 years of financial leadership experience in banking.

  • Will oversee the Bank’s financial strategy, regulatory reporting, and accounting operations.

  • Previously held significant roles in corporate finance, M&A, and regulatory compliance.

  • Holds the rank of Colonel in the U.S. Army Reserve.

Source: Business Wire

Notable Quote:

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“David brings an exceptional level of expertise in financial leadership, strategic planning, and regulatory compliance. His extensive background in corporate finance, accounting, and operational leadership positions him as a tremendous asset to ServisFirst Bank. We are confident that his leadership will play a vital role in advancing our financial initiatives and supporting our continued growth.”

Tom Broughton, Chairman, CEO, and President at ServisFirst Bank

Why This Matters:

The appointment of David Sparacio as CFO at ServisFirst Bank signifies a strategic step toward strengthening the bank’s financial oversight and future growth initiatives. Sparacio’s extensive experience in financial management, regulatory compliance, and operational leadership is crucial for navigating the evolving regulatory landscape and supporting the bank's expanding market presence. His dual expertise in corporate finance and military leadership underscores a commitment to disciplined financial management and stability, enhancing investor confidence and positioning ServisFirst Bank competitively in the financial industry.