FRANKLIN, Tenn., Dec. 12, 2018 /PRNewswire/ -- Franklin Financial
Network, Inc. (NYSE: FSB), the parent company of Franklin Synergy
Bank, today announced the promotion of Chris Black to Executive Vice President, Chief
Financial Officer of Franklin Financial Network and Franklin
Synergy Bank, effective immediately. Black joined the Company on
November 16, 2018, as Executive Vice
President, Strategy. The Company also announced that Sarah Meyerrose, who is stepping down as Chief
Financial Officer, intends to retire from the Company on
January 15th.
Commenting on the announcement, Richard
Herrington, the Company's Chairman, President and Chief
Executive Officer, said, "We have been fortunate to be able to
strengthen our management team over time, adding individuals with
industry-leading talent, extensive banking experience and
successful track records. I want to extend our deepest appreciation
to Sarah for her hard work and commitment to honing the quality of
our financial operations. She has made a positive and indelible
imprint on our company. Likewise, we are pleased to have
Chris Black in position to provide
for an effective transition as he assumes the responsibilities of
Chief Financial Officer."
Before joining Franklin Financial Network, Black most recently
served as Senior Vice President and CFO, Banking, for Nashville-based FirstBank, having joined
FirstBank in May 2016. Previously,
Black worked in the investment management and investment research
industries, specializing in the banking sector while at Merrill
Lynch & Co. and ISI Group, both based in New York City. Prior to working in the private
sector, Black served for over nine years as an Officer and pilot in
the United States Air Force. Black
earned his bachelor's degree from Cornell
University with a major in Engineering and his Master of
Business Administration from Auburn
University, with a concentration in Finance.
In commenting on his promotion, Black said, "I am honored by the
confidence expressed in me by the Company's management team and
excited about this opportunity to expand my responsibilities and
help extend our company's strong financial performance. I also
appreciate Sarah's hard work to build a solid foundation for the
financial operations of the Company, which positions us well to
keep pace with a rigorous and ever-changing financial landscape. I
look forward to working with Sarah over the next month to ensure a
smooth transition of our financial management functions."
Prior to joining the Company in June
2016, Meyerrose was the President and CEO for Civic Bank
& Trust, a $140 million community
bank based in Nashville,
Tennessee, which she joined in October 2014. From 2009 until joining Civic,
Meyerrose was President of Sarah Meyerrose Strategic Solutions LLC,
a consulting company in Nashville
serving regional and community banks. Previously, she served in
various positions of increasing responsibility at First Horizon
National Corporation, the parent of First Tennessee Bank, which she
joined in 1982.
Meyerrose commented, "I have truly enjoyed working with Franklin
Financial Network. My tenure here has afforded me many
opportunities to contribute to the success of a dynamic company,
and I will cherish the many memories and friends I have made. I am,
however, looking forward to retirement after being part of the
Tennessee banking community for
over 40 years, and I'm confident that the financial operations
of Franklin Financial Network and Franklin Synergy Bank are in good
hands with Chris."
Franklin Synergy Bank provides a full range of banking,
investment, trust and mortgage products and services designed for
businesses and their owners and individuals interested in a
comprehensive relationship with their financial institution.
About the Company
Franklin Financial Network, Inc. is a financial holding company
headquartered in Franklin,
Tennessee. The Company's wholly owned bank subsidiary,
Franklin Synergy Bank, a Tennessee-chartered commercial bank founded in
November 2007 and a member of the
Federal Reserve System, provides a full range of banking and
related financial services with a focus on service to small
businesses, corporate entities, local governments and individuals.
With consolidated total assets of $4.17
billion at September 30, 2018,
the Bank currently operates through 14 branches and one loan
production office in the growing Williamson, Rutherford and Davidson Counties, all within the Nashville metropolitan statistical area.
Additional information about the Company, which is included in the
NYSE Financial-100 Index, the FTSE Russell 2000 Index and the
S&P SmallCap 600 Index, is available at
www.FranklinSynergyBank.com.
Contact:
Mandy Garland
Vice President
(615) 236-8327
Mandy.garland@franklinsynergy.com
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SOURCE Franklin Financial Network, Inc.