Darrell Wells
Chief Executive Officer at CITIZENS FINANCIAL CORPORATION
Net worth: 83 M $ as of 2024-03-30
Profile
Darrell Richard Wells is the founder of Commonwealth Bank & Trust Co. (Louisville, Kentucky).
He currently holds multiple positions including Chairman, President & Chief Executive Officer at Citizens Financial Corp.
(Kentucky), Chairman & Chief Executive Officer at Citizens Insurance Co of America, Chairman & Chief Executive Officer at United Liberty Life Insurance Co., Chairman & Chief Executive Officer at SMC Advisors, Inc., Chairman at Commonwealth Bancshares, Inc. (Kentucky), Independent Director at Churchill Downs, Inc., Director at Citizens Security Life Insurance Co., Director & Vice President at Magnolia Bancshares, Inc., General Partner at Security Trend Partners, General Partner at Summit 1&2 Partnerships, General Partner at Security Management Co., President at The Wells Foundation, General Partner at Nautical Properties LLC, and General Partner at Exbury Partners LLC.
He has also held former positions including Chairman, President & Chief Executive Officer at SMC Capital, Inc., Chairman at Commonwealth Bancshares Corp.
(Pennsylvania), Director at United Bank of The Gulf Coast, and Director at American Printing House for the Blind, Inc.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2023-12-30 | 1,691,765 ( 5.77% ) | 83 M $ | 2024-03-30 |
Darrell Wells active positions
| Companies | Position | Start |
|---|---|---|
| CITIZENS FINANCIAL CORPORATION | Chief Executive Officer | - |
| CHURCHILL DOWNS INCORPORATED | Director/Board Member | 1984-12-31 |
United Liberty Life Insurance Co.
 United Liberty Life Insurance Co. Life/Health InsuranceFinance Part of Citizens Financial Corp. (Kentucky), United Liberty Life Insurance Co. provides life insurance. The private company is based in Louisville, KY. United Liberty Life Insurance was acquired by Citizens Financial Corp. (Kentucky) from Chaswil United Corp on May 13, 1998 for $6.05 million. Darrell Richard Wells has been the CEO of the company since 2004. | Chief Executive Officer | 2004-01-31 |
| Exbury Partners LLC | Corporate Officer/Principal | - |
| Nautical Properties LLC | Corporate Officer/Principal | - |
| Security Trend Partners | Corporate Officer/Principal | - |
| The Wells Foundation | President | - |
Magnolia Bancshares, Inc.
 Magnolia Bancshares, Inc. Financial ConglomeratesFinance Magnolia Bancshares, Inc. is a bank that is dedicated to providing an exceptional customer experience. The private company is based in Hodgenville, KY and has subsidiaries in the United States. The company achieves this by nurturing the personal and professional growth of their employees, enhancing shareholder value, and giving back to the community through their time and resources. | Director/Board Member | 2011-11-09 |
Citizens Insurance Co of America
 Citizens Insurance Co of America Life/Health InsuranceFinance Part of Citizens, Inc. (Austin, Texas), Citizens Insurance Co of America sells life insurance and provides data processing services. The private company is based in Austin, TX. The CEO of the company is Darrell Richard Wells. | Chief Executive Officer | - |
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Former positions of Darrell Wells
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Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| CHURCHILL DOWNS INCORPORATED | Consumer Services |
| CITIZENS FINANCIAL CORPORATION | Finance |
| Private companies | 17 |
|---|---|
SMC Capital, Inc.
 SMC Capital, Inc. Investment ManagersFinance SMC Capital, Inc. is a registered investment advisor and sub-advisor of the Shelby Funds. Located in Louisville, Kentucky, the firm is a subsidiary of Commonwealth Bancshares, Inc. | Finance |
| Commonwealth Bancshares Corp. (Pennsylvania) | Finance |
Citizens Insurance Co of America
Citizens Insurance Co of America Life/Health InsuranceFinance Part of Citizens, Inc. (Austin, Texas), Citizens Insurance Co of America sells life insurance and provides data processing services. The private company is based in Austin, TX. The CEO of the company is Darrell Richard Wells. | Finance |
| United Bank of The Gulf Coast | Finance |
United Liberty Life Insurance Co.
United Liberty Life Insurance Co. Life/Health InsuranceFinance Part of Citizens Financial Corp. (Kentucky), United Liberty Life Insurance Co. provides life insurance. The private company is based in Louisville, KY. United Liberty Life Insurance was acquired by Citizens Financial Corp. (Kentucky) from Chaswil United Corp on May 13, 1998 for $6.05 million. Darrell Richard Wells has been the CEO of the company since 2004. | Finance |
| Security Trend Partners | |
Commonwealth Bank & Trust Co. (Louisville, Kentucky)
 Commonwealth Bank & Trust Co. (Louisville, Kentucky) Regional BanksFinance Commonwealth Bank & Trust Co. operates as a state chartered commercial bank. It offers trust & estate services, financial planning, investment management and brokerage & insurance services. The firm provides personal banking, mortgages, business banking, private banking and wealth & trust services. The company was founded by Darrell Richard Wells in 1991 and is headquartered in Louisville, KY. | Finance |
| SMC Advisors, Inc. | |
Citizens Security Life Insurance Co.
 Citizens Security Life Insurance Co. Life/Health InsuranceFinance Citizens Security Life Insurance Co. engages in marketing of insurance products. It offers insurance under the CS Benefits and Special Care Insurance product names. The CS Benefits include group dental, group vision, and group life insurance. The Special Care Insurance covers individual dental and individual vision insurance to the senior market. The company was founded in 1965 and is headquartered in Louisville, KY. | Finance |
American Printing House for the Blind, Inc.
 American Printing House for the Blind, Inc. Miscellaneous Commercial ServicesCommercial Services American Printing House for the Blind, Inc. provides educational, workplace, and independent living products and services for people who are blind and visually impaired. The firm’s services include accessible tests and textbooks, tactile graphic image library, custom media: made for you, accessible magazines and braille tales free print/braille books. The company was founded in 1858 and is headquartered in Louisville, KY. | Commercial Services |
| Summit 1&2 Partnerships | |
| Security Management Co. | |
Commonwealth Bancshares, Inc. (Kentucky)
 Commonwealth Bancshares, Inc. (Kentucky) Regional BanksFinance Commonwealth Bancshares, Inc. operates as bank holding company. The company is headquartered in Louisville, KY. | Finance |
| Nautical Properties LLC | |
| Exbury Partners LLC | |
Magnolia Bancshares, Inc.
Magnolia Bancshares, Inc. Financial ConglomeratesFinance Magnolia Bancshares, Inc. is a bank that is dedicated to providing an exceptional customer experience. The private company is based in Hodgenville, KY and has subsidiaries in the United States. The company achieves this by nurturing the personal and professional growth of their employees, enhancing shareholder value, and giving back to the community through their time and resources. | Finance |
| The Wells Foundation |
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- Darrell Wells
