Bank of America (NYSE: BAC) has appointed Jeff Crabtree as president of its Sarasota/Manatee market in Florida, according to a company statement. Crabtree succeeds Stephenie Whitfield, who relocated to Georgia for another role within the company.

Crabtree, who has 15 years of experience with Bank of America, previously held positions in Consumer Banking and Merchant Services. He will retain his role as Consumer Banking region executive, leading market leaders across parts of Florida. In his new role, he will oversee the company's eight lines of business in the Sarasota/Manatee area.

Brian Moynihan, chair and chief executive officer of Bank of America, said in the statement: "Jeff's established leadership and experience will ensure we're delivering on our responsible growth strategy to deepen relationships with clients, the community, and teammates."

Bank of America operates more than 400 local employees across 31 locations in the Sarasota/Manatee market. During the second quarter of 2026, the bank extended $143 million in small-business loans and $246 million in commercial loans in the region. Since 2020, the company has provided $3.4 million in philanthropic funding to organizations in Sarasota and Manatee counties.