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CENT. BANCSHARES OF THE SOUTH v. PUCKETT

89-1850.

584 So.2d 829 (1991)

CENTRAL BANCSHARES OF THE SOUTH, INC., and Central Bank of the South v. W. Dan PUCKETT and Terence C. Brannon.

Supreme Court of Alabama.

July 12, 1991.

Attorney(s) appearing for the Case

Michael L. Edwards, John P. Scott, Jr. and Michael D. Freeman of Balch & Bingham, Birmingham, for appellants.

James W. Gewin and John E. Goodman of Bradley, Arant, Rose & White, Birmingham, for appellees.

STEAGALL, Justice.

W. Dan Puckett and Terence C. Brannon are former executive officers of Central Bancshares of the South, Inc., and Central Bank of the South (hereinafter referred to collectively as "Central Bank"); they were two of the bank's top five officers. Both men were considered, along with Paul Jones, for the position of chief executive officer in 1988. In early 1989, Harry Brock, a founder of Central Bank and its only C.E.O. up until that time, chose Paul...

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