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Commerce Union Bancshares chairman & CEO to retire

Commerce UnionCommerce Union Bancshares, parent of Reliant Bank, announced that William R. DeBerry will retire as chairman and CEO of Commerce Union Bancshares, effective June 30, 2017.

Mr. DeBerry began his banking career with the former Commerce Union Bank in 1973. He was repeatedly promoted over the following decades with Bank of America, serving in an array of positions with increasing responsibility over strategic banking matters.

Mr. DeBerry retired from Bank of America in January 2005.

Mr. DeBerry will continue as a Board member of Commerce Union Bancshares following his retirement as Chairman and CEO.

The Board of Directors intends to name DeVan D. Ard, Jr., President of Commerce Union Bancshares, Inc. and President and Chief Executive Officer of Reliant Bank, to succeed Mr. DeBerry on his retirement.

Mr. Ard has served as President of Commerce Union Bancshares and President and CEO of Reliant Bank since 2015. He is a 35-year banking veteran.

Mr. Ard began his career with AmSouth Bank in 1981 and held various positions through 2004 before leaving to form Reliant Bank.

Mr. Ard holds a Master’s Degree in Business Administration from the University of Alabama, Tuscaloosa, and earned his Bachelor of Arts degree in business administration and history from Vanderbilt University.


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