Thursday, January 10, 2013

House Speaker Davy Carter leaving bank job UPDATE

Posted By on Thu, Jan 10, 2013 at 10:47 AM

FULL-TIME LEGISLATING: Davy Carter.
  • FULL-TIME LEGISLATING: Davy Carter.
Dang. Beaten to the punch again by Roby Brock. I'd just sent this e-mail to coming House Speaker Davy Carter, the Cabot Republican.

I heard you were leaving the bank?

Is that true?

To do what?

And, of course, does this have any implications relative to future political races?

In short: Might you run for governor in 2014?

If you really are like Beebe [as Gov. Mike Beebe has said repeatedly about Carter], it might take a couple of decades, but .....


He responded promptly, as he generally does, to get back with me after lunch. Then I saw Roby's Talk Business Twitter that he had the answer to the first question:

Carter announced on Thursday (Jan. 10) that he would step down from his job with Centennial Bank, a subsidiary of Conway-based Home Bancshares. Carter, who is also an attorney, has held the position of Division President with the bank.

“I am extremely grateful for the many opportunities afforded to me during my time at Centennial Bank. My association with the people there has been one of the most rewarding experiences of my life, both professionally and personally, and it is very difficult for me to leave an organization that is so close to my heart,” Carter tells Talk Business Arkansas.

“When I ran for Speaker, I committed 110% of my time and energy towards working for the people of Arkansas, which is why I am resigning from my day-to-day duties at the bank. I will, however, remain on the regional board of directors,” he said. “Right now I am completely focused on the legislative session and the many issues we will face in the upcoming months.”

I got the same prepared statement from Gabe Holmstrom, recently hired by Carter as chief of the House staff. My final question to Carter hangs in the air. I notice that Johnny Allison, chairman of Home Bancshares, had politics on his mind in commenting to Roby:

“We need more politicians like Governor Mike Beebe and Rep. Davy Carter who aren’t afraid to cross party lines to get things done for the good of the state.”

UPDATE: Holmstrom tells me Carter is under the weather today, but still hopeful of making a scheduled appearance at noon tomorrow at the Clinton School. So maybe I'll just answer my own questions, as I figure a capable businessman/banker and politician might.

Carter's elevation as speaker was a late and surprise development. Suddenly, a bank executive found himself committed to another, more-than-full-time job. His departure from the bank could be effectively a leave of absence from the bank, after which he might or might not return. In the short run, no other hard-working bank employee will have reason to question employment of a fellow employee doing most of his work elsewhere.

Carter will surely be asked about political plans tomorrow. Unless I'm very much surprised, I'd expect the answer to be along the lines of what he's already said: He's focused on the legislative session. The future is a long way off. And, heck, Mike Beebe was the "rising star" of Arkansas politics for more than two decades before being elected governor in 2006.

Tags: , , ,

Favorite

Speaking of...

Comments (4)

Showing 1-4 of 4

Add a comment

 
Subscribe to this thread:
Showing 1-4 of 4

Add a comment

More by Max Brantley

Readers also liked…

  • Mike Huckabee, meet James Madison

    Not that it will do much good, but Times columnist Ernest Dumas this week provides some useful Founding Father history, plus a little bit of Bible, for how wrong-headed Mike Huckabee, Asa Hutchinson, the Republican legislature and others are in using government to enforce their religious views.
    • May 26, 2015
  • Judge anticipates punishment of lawyers in Fort Smith class action case

    Federal Judge P.K. Holmes of Fort Smith issued a 32-page ruling yesterday indicating he contemplates punishment of 16 lawyers who moved a class action lawsuit against an insurance company out of his court to a state court in Polk County after a settlement had been worked out.
    • Apr 15, 2016
  • Cosmopolitan: Why were the Duggars made famous in the first place?

    A writer in Cosmopolitan wonders why it took so long for attention to the "disturbingly misogynistic" dimension of the Jim Bob Duggar family.
    • May 28, 2015

Most Shared

  • World leaders set to meet in Little Rock on resource access and sustainable development

    Next week a series of meetings on the use of technology to tackle global problems will be held in Little Rock by Club de Madrid — a coalition of more than 100 former democratic former presidents and prime ministers from around the world — and the P80 Group, a coalition of large public pension and sovereign wealth funds founded by Prince Charles to combat climate change. The conference will discuss deploying existing technologies to increase access to food, water, energy, clean environment, and medical care.
  • Tomb to table: a Christmas feast offered by the residents of Mount Holly and other folk

    Plus, recipes from the Times staff.
  • Fake news

    So fed up was young Edgar Welch of Salisbury, N.C., that Hillary Clinton was getting away with running a child-sex ring that he grabbed a couple of guns last Sunday, drove 360 miles to the Comet Ping Pong pizzeria in Washington, D.C., where Clinton was supposed to be holding the kids as sex slaves, and fired his AR-15 into the floor to clear the joint of pizza cravers and conduct his own investigation of the pedophilia syndicate of the former first lady, U.S. senator and secretary of state.
  • Reality TV prez

    There is almost nothing real about "reality TV." All but the dullest viewers understand that the dramatic twists and turns on shows like "The Bachelor" or "Celebrity Apprentice" are scripted in advance. More or less like professional wrestling, Donald Trump's previous claim to fame.
  • Arkansas archeologist does his job, is asked to leave

    Amid Department of Arkansas Heritage project.

Visit Arkansas

View Trumpeter Swans in Heber Springs

View Trumpeter Swans in Heber Springs

Magness Lake, in Heber Springs, is a magnet for swans

Most Viewed

Most Recent Comments

Blogroll

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation