“With our continued growth comes the opportunity to promote talent,” says Daryl Byrd, president and CEO of IberiaBank. “We are very excited about these moves, which are tremendous opportunities for both Pete and Jerry. The Vascocu family will be a wonderful addition to the Lafayette community. Jerry’s leadership and commitment will continue to fuel the momentum we have achieved in this market.”
Vascocu will have big shoes to fill. Yuan, who replaced Pat Trahan as Lafayette market president four years ago, quickly immersed himself in the local community and was often the face of the company in the place of Byrd, who prefers to remain behind the scenes. Yuan is the 2011 chairman-elect of the Greater Lafayette Chamber of Commerce and is actively involved with several community organizations. “I am thrilled to have the opportunity to manage our Arkansas franchise," he says. "Through our acquisitions there the past three years, we have an excellent footprint throughout the state and are well positioned for the opportunities in front of us. However, it is with mixed emotions for me and my family. Lafayette has been a truly wonderful place to call home, and my family thanks this community for their warmth and support. I am grateful for the many friendships we have made, and the privilege to work with an outstanding team at the bank. Jerry brings tremendous energy and talent to this market, and will do a fantastic job.”
A native of Ruston, Vascocu served as president of the company’s Little Rock, Ark., market for the past three years. Prior to that position, he was the company’s manager of the commercial banking team in Baton Rouge. Before joining IberiaBank, he worked for AmSouth Bank, where he held the position of senior vice president of Commercial Middle Market Banking and also served as vice president of AmSouth Leasing Corporation in Birmingham, Ala.
The parent of Investar Bank says its second-quarter earnings fell to $1.1 million or 26 cents a share from $1.7 million of 44 cents a share in the same period a year ago.
1,554 rigs were exploring for oil and 315 for gas. Two were listed as miscellaneous. A year ago there were 1,770 active rigs.
Most personal auto insurance policies exclude coverage when people charge money to drive others in their personal vehicles.
Louisiana's 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier.
Business First Bank has announced plans for a Baton Rouge market expansion through a merger deal with American Gateway Financial Corp.
Mellow Mushroom Pizza Bakers opens on Johnston.
Acadiana's Top 50 Private Companies
It would be an understatement to say Schumacher Group had a challenging year in 2013.
Hampton Toyota has been serving Acadiana as the premier Toyota dealership for more than 10 years. And now, the glossy Johnston Street dealership is looking forward to a makeover.
Even when Floyd Degueyter is on “vacation” he’s hard at work.
As the second largest metal heat treating company in the country, Analytic Stress Relieving Inc. has grown by leaps and bounds since its inception in 1979.
When the Prohibition era came to an end in 1933, Joseph R. Streva saw an opportunity to make a little extra money to supplement his day job.
When a hurricane hits, Brent Mouton doesn’t run. The convenience store chain owner is proof that the challenges of mother nature can almost break a business, but Mouton learned to grow out of temporary closure from near devastation in 2002 and of lost potential revenue.
By launching a Super PAC to end all Super PACs, our Top 50 keynote speaker hopes to change the game in Washington.
Oil Center-based private facility extends its offerings with special events venue in failed women’s store.
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Newspaper industry insiders question John Georges’ expansion plan.
How the U.S. has gotten itself into another fine mess
The Heymann Center was transformed into a culinary adventure in mid-June for the EatLafayette kick-off event, A Taste of Lafayette, and for the third consecutive year, a sellout crowd filled the Cajundome Convention Center June 19 to hear LEDA chief Gregg Gothreaux’s State of the Economy report.
A look at recent hirings, promotions and other announcements from Acadiana's business community.
Anne Pyle puts a bow on a stellar, expectations-defying career with her latest venture.
The company currently has 10 branches throughout Louisiana, including an Ambassador Caffery location which opened last year.
Lawmakers have added $15 million to the attorney general's budget to pay for Louisiana's ongoing legal case against BP for damages caused by the 2010 Gulf oil spill.
The state's jobless rate rose to 5 percent in June from 4.9 percent in May. Louisiana's unemployment rate was 6.4 percent in June 2013.
Long-established private club opening special events venue in failed women’s store at Kaliste Saloom Road and Camellia Boulevard.