East Coast bank with expanding local presence names new CEO
January 6, 2021 - Charles Shaffer has been named CEO of Stuart-based Seacoast Bank, which grew its presence in St. Petersburg last year when it acquired Freedom Bank. According to a press release, Shaffer, who succeeds Dennis Hudson III as CEO, had served as the bank’s president and COO. Hudson, who has led the bank since 1992, will transition to executive chairman of the board of directors. Hudson’s grandfather, the release states, chartered Seacoast Banking Corp. in 1926.