Tupelo Mayor Jack Reed Jr. also shared the news at his city council meeting, which was tweeted by Northeast Mississippi Daily Journal reporter Emily LeCoz tonight.
Jordan will make an official announcement at 8:30 Wednesday morning at City Hall in Greenville.
The retired Planter’s Bank president, who spent 30 years in the banking industry, took over last December after a surprising landslide victory in which the banker-turned-politician took more than 64 percent of the vote.
“It’s not a great day for me obviously, but we will take what happens and move forward,” Jordan said Tuesday morning as he prepared to make official his plans to city leaders. “The best laid plans don’t always work out, but I am convinced the people of Greenville will make good on all of the progress we have made.”
Jordan has been a shot in the arm for Greenville, which had fallen on hard economic times in the last 40 years.
Click here for more at the Mississippi Business Journal Blog.