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Area Development - Site Selection, Facility Planning and Workforce Development

Bank of the Ozarks Plans Corporate Headquarters in Little Rock, Arkansas

09/25/2017
Bank of the Ozarks plans to build a new 247,000-square-foot corporate headquarters building in Little Rock, Arkansas. The bank has acquired a 44-acre site at The Ranch located on Highway 10 in west Little Rock for initial development and future expansion, as needed over time, for its corporate headquarters campus to support the bank’s continued growth.

According to state officials, Bank of the Ozarks expects to break ground for the initial building before year-end 2017. Approximately 500 employees are expected to move into the building when construction is completed in late 2019 or early 2020, with capacity to accommodate 800 to 900 employees.

“Our home state has provided a talented and dedicated workforce, enabling our company to thrive and grow. Little Rock’s southern charm, abundant arts and entertainment venues, beautiful and natural setting and rich heritage also contribute to our ability to recruit exceptional talent at a national level. Our new campus in Little Rock will provide capacity for our company’s long-term growth over many years,” George Gleason, Chairman & CEO at Bank of the Ozarks said.

The existing and future headquarters positions require employees with skills in accounting, finance, information systems, marketing, human resources, internal audit, risk management, facilities, legal, trust and tax areas.

“Bank of the Ozarks is the largest bank headquartered in Arkansas and among the top 60 banks in the U.S. based on asset size. George Gleason is a great example of the entrepreneurial spirit in Arkansas,” said Governor Asa Hutchinson. “Through hard work and an innovative plan for growth, he and his team have built a bank that has been ranked as the number one performing bank in the nation by several respected organizations each of the past seven years. The State of Arkansas is grateful to Bank of the Ozarks for this significant investment that will mean great job growth for Arkansas.”

“We’re very excited that Bank of the Ozarks chose to expand in Little Rock. Great companies attract the best and brightest workforce. The headquarters expansion will provide opportunities to grow our talent base even further. This announcement ensures Little Rock’s financial services sector will remain successful and vibrant for many years to come,” said John Riggs, Chairman of the Board of the Little Rock Regional Chamber of Commerce.

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