Price C. Gardner has been elected as managing partner of the Friday, Eldredge & Clark law firm in Little Rock, the firm announced Monday.
Gardner succeeds J. Shepherd Russell III, the firm's managing partner since 2012. Russell is returning to full-time practice in the firm's Public Finance Partnership Group, the firm said in a news release.
Gardner joined the firm in 1989. He has served on the firm's management committee since 2005 and as vice chairman since 2012. He will continue practicing in corporate matters, mergers and acquisitions, taxation and real estate transactions.
The firm also announced Monday that William M. Griffin was elected vice chairman. Alexandra A. Ifrah, Ryan A. Bowman, Jamie H. Jones, Joseph P. McKay, Marshall S. Ney and Robert T. Smith were elected as new members to the firm's management committee.
-- Stephen Steed
Municipal advisory panel taps Arkansan
Scott Beardsley, executive managing director of Crews & Associates in Little Rock, has been elected to the National Association of Municipal Advisors board.
The board is a professional organization that specializes in providing advice on bond sales and other financial products used by state and local governments.
Beardsley joined Crews in 2004 and directs the Capital Markets Group, which offers issuers underwriting, financial advisory and analytical services. He also leads a division of Crews & Associates, First Security Beardsley, that specializes in Arkansas municipal advisory services.
Beardsley worked with his family's municipal financial advisory firm before joining Crews & Associates and has worked on more than 500 Arkansas school bond issues totaling more than $2 billion. Beardsley attended the University of Arkansas and holds a master's degree in business administration from Southern Methodist University in Dallas.
-- Stephen Steed
13 stocks advance as index gains 5.05
The Arkansas Index, a price-weighted index that tracks the largest public companies based in the state, closed at 408.07 Monday, up 5.05.
Thirteen stocks rose, and two fell.
BankOZK shares rose 3.5 percent. Windstream shares also gained 3.5 percent.
"Technology shares led U.S. stocks higher for a fourth day, ahead of another round of earnings reports and combining with a rally in the U.S. dollar over the prospect of a trade truce," said Chris Harkins, managing director at Raymond James & Associates in Little Rock.
The index was developed by Bloomberg News and the Democrat-Gazette with a base value of 100 as of Dec. 30, 1997.
Business on 02/05/2019