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Guaranty Federal Bancshares elects chairman, vice chairman

Springfield, Mo.-based Guaranty Federal Bancshares Inc. elected James Battenand John Griesemer chairman and vice chairman, respectively, of the company andunit Guaranty Bank.

Their appointments are effective at the end of the annualmeeting of stockholders on May 25, according to a press release.

Batten, a CPA, has been a director of the company since May2006. He started his own consulting firm in 2014.

Griesemer, who has been a director since June 2008, isexecutive vice president, COO and a board member of Springfield UndergroundInc., a privately held construction materials supplier and real estatedeveloper.

As previously reported, Don Gibson, the current chairman,will be retiring May25.