December 2, 2012 – Executive search firm Spencer Stuart has recruited James D. Rollins as chief executive officer for BancorpSouth. Mr. Rollins previously served as president and chief operating officer of Prosperity Bancshares. Hassell H. Franklin, head of the search committee formed to identify BancorpSouth's new CEO, said: "After a comprehensive search process with the assistance of Spencer Stuart, a global executive search firm, we are very pleased that Dan Rollins emerged as the leading candidate and has agreed to become our new CEO." BancorpSouth, Inc. is a financial holding company headquartered in Tupelo, Mississippi, with $13.2 billion in assets. Spencer Stuart is an executive search firm with 51 offices in 27 countries.