Carothers brings nearly four decades of expertise in finance, information technology, and operational leadership to the board. Having worked extensively with entities ranging from community banks to global financial exchanges, he is slated to chair the company’s audit committee, serving as its designated financial expert. Oakworth Chairman and CEO Scott Reed noted that the appointment is intended to bolster the firm’s mission to refine financial services by leveraging Carothers’ deep industry experience.

Oakworth Capital, which manages $2.0 billion in total assets and $2.7 billion in wealth and trust assets, has maintained a consistent focus on client satisfaction, recently reporting a 95 Net Promoter Score. The addition of Carothers comes as the company continues to expand its private and commercial banking footprint across the Southeast from its Alabama headquarters.