Chartwell Partners is pleased to announce that, following an extensive national search, David Sparacio has been appointed Chief Financial Officer of ServisFirst Bank, effective March 10, 2025. Sparacio, a seasoned financial executive with more than three decades of experience in banking and financial management, succeeds interim CFO Ed Woodie, who has provided leadership during the transition.
Sparacio previously held senior roles in corporate finance, accounting, regulatory reporting, and financial operations, and has led large accounting teams and major financial control initiatives within prominent financial institutions. His background also includes significant experience in mergers and acquisitions and financial system integrations. Sparacio holds degrees from the University of New Orleans, Loyola University New Orleans, and the U.S. Army War College, and serves as a Colonel in the U.S. Army Reserve.
As Chief Financial Officer, Sparacio will oversee ServisFirst Bank’s financial strategy, regulatory reporting, and accounting operations, and will support the organization’s continued growth and long‑term financial strength.
“Congratulations to ServisFirst Bank on the appointment of an accomplished financial executive as Chief Financial Officer,” said Scott Petty, Partner of Chartwell Partners’ Financial Services Practice. “We appreciate the opportunity to support the bank in this important leadership search.”
About Servisfirst Bank
ServisFirst Bank is a full-service commercial bank focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market, emphasizing competitive products, state-of-the-art technology and a focus on quality service. Recently, the Bank announced that its assets exceed $17 billion. The Bank offers sophisticated treasury management products, Internet banking, home mortgage lending, remote deposit express banking, and highly competitive rates.
About Chartwell Partners
Chartwell Partners is a retained executive search and leadership advisory firm. Founded in 2005, the firm serves a variety of industries across the nation. Chartwell’s Financial Services Practice, led by Scott Petty, has conducted more than 300 successful executive search assignments for over 50 clients during the last decade. The team prides themselves on their reputation of consistency, confidentiality, and long-term success of their placements.
Partners
- J. Scott Petty
- 214-228-0343
- /jscottpetty
