Andrew Borrmann is the Chief Strategy Officer and Executive Vice President at Colony Bankcorp, Inc., a role he assumed following the company's merger in August 2021. His leadership journey started when he was appointed after the company expanded its board...
Andrew Borrmann is the Chief Strategy Officer and Executive Vice President at Colony Bankcorp, Inc., a role he assumed following the company's merger in August 2021. His leadership journey started when he was appointed after the company expanded its board with new directors from SouthCrest Financial Group. In 2023, Andrew reported a total compensation of approximately $623,635, with most of it coming from his salary and a discretionary bonus reflecting past company performance. His performance metrics are tied to the bank's earnings, deposit growth, and other financial goals. While his educational background is not specified, he plays a crucial role in shaping the strategic direction of Colony Bank in a competitive banking environment. In addition to his responsibilities, Andrew is included in important discussions about executive compensation and the overall governance of the bank, reflecting his influential position in the organization.