Veteran banker and civic leader, Rob Brothers, announced his pending retirement after five years as the Home Region Program Director at the Walton Family Foundation.
“Since his arrival at the Foundation – after more than 30 years with Arvest Bank and many other leadership positions in the community – Rob has helped steward more than $157 million in funding to organizations throughout Northwest Arkansas and the Arkansas and Mississippi Delta. Under his leadership, the Home Region team made significant investments in grantees to provide education options, economic development opportunities, and arts and cultural programming,” said Buddy Philpot,executive director of the Walton Family Foundation.
Brothers will step down early next year and Philpot said the search for his replacement will begin immediately.
“He leaves us well-positioned for the future, having built the Home Region’s investment strategy through the year 2020. We will miss Rob’s steady leadership, wisdom and daily professional companionship. However, we are happy for him as he will be able to more fully enjoy his grandchildren and all the activities in which they participate, including biking on the Razorback Regional Greenway,” Philpot said.
Brothers served as a community president for Arvest Bank from January 1996 through October 2009 when he accepted the role at the Family Foundation. As bank president he managed all areas for a six community, fifteen branch commercial banking operation with 350 employees, serving over 40,000 households
Prior to that Brothers worked as an executive vice president and loan manager at Arvest Bank for more than 10 years.