Tom Caldwell of Greater Rome Bank announced yesterday that he is retiring as CEO but will remain chairman of the board and chairman of the holding company.

Caldwell is one of the founders of Greater Rome Bank which opened in 1996 and now has four branches and 60 employees.

Bank President and Board of Directors Member, Dwight Stout who has been with Greater Rome Bank for 11 years has been promoted to chief executive officer. Stout also helped organize the banks mortgage loan department.

E. Grey Winstead III now holds the Executive Vice President position and has also been elected to the board of directors. Winstead will remain the chief financial officer of the bank and it’s holding company as well as President and CEO of Greater Rome Bankshares, Inc., the banks holding company. He has been with the bank for 11 years.

Greater Rome Bank reports $165 million in total assets.