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Franklin Financial Network Inc (FSB.N)

FSB.N on New York Stock Exchange

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16 Oct 2018
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Summary

Name Age Since Current Position

Richard Herrington

69 Chairman of the Board, President, Chief Executive Officer of Company and Chairman and Chief Executive Officer of the Bank

Sarah Meyerrose

62 2016 Chief Financial Officer, Executive Vice President

Lee Moss

66 2017 President of the Bank

Sally Kimble

64 2016 Executive Vice President, Chief Administrative Officer

Sally Bowers

65 2007 Executive Vice President, Chief Mortgage Officer of the Bank

Dallas Caudle

70 Executive Vice President, Rutherford County Community President of the Bank

Kevin Herrington

43 Executive Vice President and Chief Operations Officer of the Bank

J. Myers Jones

67 2009 Executive Vice President, Chief Credit Officer of the Bank

David McDaniel

50 2017 Executive Vice President, Chief Lending Officer, and Williamson County President of the Bank

Jimmy Allen

78 2014 Independent Director of Company and Bank

Anil Patel

60 2018 Independent Director

Pamela Stephens

59 2009 Independent Director of Company and the Bank

Melody Sullivan

65 2010 Independent Director of Company and the Bank

Gregory Waldron

55 2015 Independent Director

Benjamin Wynd

40 2015 Independent Director

Mandy Garland

2017 IR Contact Officer

Biographies

Name Description

Richard Herrington

Mr. Richard E. Herrington is the Chairman of the Board, President, Chief Executive Officer of Franklin Financial Network Inc and Chairman and Chief Executive Officer of the Bank. Mr. Herrington is also one of the founders of FFN and the Bank. He is a veteran Williamson County, Tennessee banker with 40 years of banking experience. In his early career, he was employed by banks in Florida and South Carolina. He moved to Middle Tennessee in 1977, and began working at First American Bank in Nashville in financial management working up to Senior Vice President. Later, he was a bank consultant with Price Waterhouse prior to establishing his own community bank data processing and consulting firm. In 1988, Mr. Herrington co-founded Franklin Financial Corporation (Franklin National Bank) where he served as President and CEO until 2002. Late in 2002, he was recruited by the Board of Civitas BankGroup (then Cumberland Bancorp) and became the President and CEO and board member of the five-bank holding company, charged with engineering a turn-around of the troubled banking organization. In accomplishing this, he assembled a five-member executive management team that executed a successful four-year remediation plan. Mr. Herrington holds a B.A. from Newberry College in Newberry, South Carolina and certificates from the Graduate School of Economics at Florida State University and the Stonier Graduate School of Banking. Director Qualifications include, Extensive Knowledge of Our Company—Mr. Herrington is the President, Chief Executive Officer and Chairman of FFN, the Chairman and Chief Executive Officer of the Bank and one of the founders of FFN and the Bank. Extensive Knowledge of the Financial Services Industry—Mr. Herrington is a veteran Williamson County, Tennessee banker with over 40 years of banking experience. Relevant Executive/Leadership Experience—Mr. Herrington has served as President and CEO of multiple bank holding companies

Sarah Meyerrose

Ms. Sarah L. Meyerrose is the Chief Financial Officer, Executive Vice President of the Company. Prior to joining the Company, Meyerrose was the President, 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 was with First Horizon National Corporation, the parent of First Tennessee Bank, which she joined in 1982. Among her senior or executive management roles at First Horizon were five years as Senior Vice President, CFO for the Retail and Commercial Bank; five years as President of the Northeast Tennessee regional bank; and eight years as EVP, Chief Operating and Administrative Officer. Meyerrose received her BA, magna cum laude in Finance and Economics from Vanderbilt University and an Executive MBA from the Vanderbilt Owen Graduate School of Management. Ms. Meyerrose is the Chartered Financial Analyst. Ms. Meyerrose is Past-President of ION, Inter-Organizational Network, a national non-profit consortium of organizations sharing the mission of increasing gender diversity on corporate boards.

Lee Moss

Mr. Lee M. Moss is the President of the Bank of Franklin Financial Network Inc. Mr. Moss is the President and Director of the Bank. Mr. Moss was the Chairman and Chief Executive Officer of MidSouth. He served on MidSouth’s Loan and Executive Committee (Executive Chairman), Trust Committee (Chairman), Executive Leadership Committee (Chairman) and the Asset/Liability Committee. In 1973, Mr. Moss graduated from the University of Tennessee with a Bachelor of Science degree, majoring in Banking. He graduated from the National Commercial Lending School in 1978 and the Graduate School of Banking of the South in 1983. Mr. Moss worked for Valley Fidelity Bank in Knoxville for one year after graduating from the University of Tennessee, and then worked 28 years with Third National Bank/SunTrust Bank in Nashville. He served in numerous leadership capacities in both the Retail and Commercial divisions of the bank, and in January 1995, he moved to Murfreesboro where he served as Regional President, overseeing Rutherford and Wilson Counties. In January 2003, Moss served as one of the organizers for MidSouth. Since moving to Murfreesboro, Mr. Moss currently serves as Chairman of Middle Tennessee Medical Center’s Board, member of Saint Thomas Health Services Board in Nashville, MTSU Wesley Foundation Board Member, Business Education Partnership Board, and as a Sunday School teacher and Administrative board member for First United Methodist Church. Moss is a graduate of Leadership Rutherford and Leadership Middle Tennessee.

Sally Kimble

Ms. Sally P. Kimble is an Executive Vice President, Chief Administrative Officer Franklin Financial Network Inc. Ms. Kimble’s background is primarily in accounting, operations and finance, having worked in community banking organizations for almost 30 years. Prior to joining the Bank in April 2012, Ms. Kimble had recently been with American Bank & Trust of the Cumberlands in Cookeville, Tennessee, where she served as Executive Vice President, Chief Operating Officer, and Chief Financial Officer. Kimble also served as Executive Vice President and Chief Financial Officer for Capital Bank & Trust Company (Capital Bancorp, Inc.) in Nashville for seven years and prior to that was Treasurer, Senior Vice President and Chief Financial Officer for First Bank & Trust (First Financial Corporation) in Mt. Juliet, Tennessee. Ms. Kimble holds a B.A. from the University of Tennessee and certificates from the Graduate School of Bank Investments and Financial Management at the University of South Carolina and the Graduate School of Banking of the South at Louisiana State University. In addition, she holds a certificate from the College of Financial Planning in Denver, Colorado.

Sally Bowers

Ms. Sally E. Bowers is an Executive Vice President and Mortgage Division Manager of the Bank, a subsidiary of Franklin Financial Network Inc, since November 2007. She has over 30 years of banking experience in Middle Tennessee, primarily in the mortgage banking area. Ms. Bowers began her banking career in 1975 in retail banking at Fidelity Federal Savings Bank which later merged with Union Planters National Bank. During her 20 years at Fidelity Federal/Union Planters, she rose to Vice President and was responsible for mortgage, commercial and consumer loan production. She spent a short stint in 1996 as Vice President/Mortgage Production Officer at First American National Bank. In 1996, Ms. Bowers joined Franklin National Bank as Vice President/Mortgage Lending Manager and later rose to Senior Vice President with full responsibility for production, secondary market, servicing and operation of the bank’s mortgage subsidiary, Franklin Financial Mortgage. After the sale of Franklin National Bank, she joined Cumberland Bank as Executive Vice President and Mortgage Division Manager in 2004 with management responsibilities of the mortgage division. Ms. Bowers has thorough knowledge of all facets of mortgage banking. Ms. Bowers is a graduate of Memphis State University and the BAI Graduate School of Retail Banking at Vanderbilt University’s Owen School of Management.

Dallas Caudle

Mr. Dallas G. Caudle, Jr., is an Executive Vice President, Rutherford County Community President of the Bank, a subsidiary of Franklin Financial Network Inc. Mr. Caudle was the President and Chief Operating Officer of MidSouth from 2009 until our acquisition of MidSouth effective July 1, 2014. Prior to that, Mr. Caudle was the Executive Vice President, Chief Operating Officer, and Corporate Secretary of MidSouth from 2003 to 2009. Mr. Caudle received a Bachelor of Science degree in Mathematics from Middle Tennessee State University. He continued his education through the American Institution of Banking; Tennessee School of Banking at Vanderbilt University, and the National Automated Clearing House Association’s The Payment Institute at the University of Colorado. Mr. Caudle began his banking career in 1971 at Murfreesboro Bank & Trust Company (now SunTrust Bank). He started as a Management Trainee, and within two years was promoted to Branch Manager. When Murfreesboro Bank & Trust moved to its new location in 1978, Mr. Caudle became the Data Processing Manager. Other positions he held while with the bank included Bank Operations Manager; Marketing and Product Development; Corporate Services Manager; and Commercial Lending Officer.

Kevin Herrington

Mr. Kevin A. Herrington is an Executive Vice President and Chief Operations Officer of the Bank, a subsidiary of Franklin Financial Network Inc. While completing his education, Mr. Herrington worked part-time in banking as a Systems Support Specialist from 1997 through 1998. After a term in the military, he joined Franklin National Bank in 2000 as the Manager of Information Systems, overseeing the IT department. In 2002, he was recruited to Civitas BankGroup to centralize and standardize the IT and data processing areas. He built a central wide-area network, improved security and controls, and implemented a complete update of policies and procedures. Mr. Herrington updated and brought in-house all technology and technology-related customer products. He successfully navigated the process of strengthening all IT-related controls related to compliance with the Sarbanes Oxley Act. Additionally, Mr. Herrington has achieved the major recognized certifications within the industry including CISSP (certified information systems security professional), and AAP (accredited ACH professional). Mr. Herrington is a graduate of Belmont University and served as a First Lieutenant in Field Artillery in the US Army.

J. Myers Jones

Mr. J. Myers Jones, III, is an Executive Vice President, Chief Credit Officer of the Bank, a subsidiary of Franklin Financial Network Inc, since July of 2009. Mr. Jones has more than 30 years of local community banking experience, most recently with Cadence Bank in Franklin, Tennessee, where he served as Executive Vice President of Commercial Lending. Prior to his service at Cadence Bank, Mr. Jones served as President and CEO of Franklin National Bank in Franklin, Tennessee, for 13 years prior to Franklin National’s acquisition by Fifth Third Bank. In addition to Franklin National Bank and Cadence Bank, Mr. Jones was instrumental in the success of several other area banks, including Sovran Bank and Commerce Union Bank. Mr. Jones is a graduate of Austin Peay State University in Clarksville, Tennessee and the Herbert V. Prochnow Graduate School of Banking at the University of Wisconsin in Madison, Wisconsin. In addition, Mr. Myers is a graduate of the ABA National Commercial Lending School at the University of Oklahoma.

David McDaniel

Mr. David McDaniel is an Executive Vice President, Chief Lending Officer, and Williamson County President of the Bank, a subsidiary of the Franklin Financial Network Inc. Mr. McDaniel is the Executive Vice President and Chief Retail Officer of the Bank, a subsidiary of the company. Mr. McDaniel is a Brentwood native and served as Regional President at Community First Bank & Trust in Cool Springs prior to joining the Bank. In a banking career that spans more than 18 years, Mr. McDaniel has held roles at AmSouth Bank, First American Bank, Equitable Securities and Merrill Lynch. He holds a B.S. in Finance and an M.B.A. from the University of Tennessee in Knoxville, Tennessee. He is a graduate of Brentwood Academy in Brentwood. Mr. McDaniel is a graduate of Leadership Franklin and a member of the Williamson County/Franklin Chamber of Commerce, and a Health and Educational Facilities Board member of the City of Franklin.

Jimmy Allen

Mr. Jimmy E. Allen, is an Independent Director of Franklin Financial Network, Inc. and Bank. Mr. Allen is the President of Venture Express, Inc.; Creative Transportation; Allen’s Cartage Company, LaVergne, Tennessee; and co-owner of Center Hill Marina & Yacht Club. He attended Austin Peay State University, Clarksville, Tennessee and the University of Tennessee, Nashville. Mr. Allen formerly served as a member of the board of directors of MidSouth, Rutherford Bank & Trust, Murfreesboro and Independent Bank, Gallatin, Tennessee. He served as past chairman of Tennessee Trucking Association and Nashville Motor Freight. His past accomplishments include being selected as Nashville Business Journal’s Executive of the Year. He is a supporter of Vanderbilt Children’s Hospital and Ronald McDonald House. Director Qualifications, Extensive Knowledge of the Financial Services Industry—Mr. Allen formerly served as a member of the board of directors of multiple banks. Relevant Executive/Leadership Experience—Mr. Allen is the President of three companies and the co-owner of a marina and yacht club.. Relevant Governance Experience—Mr. Allen served as past chairman of two organizations.

Anil Patel

Dr. Anil Patel is an Independent Director of Franklin Financial Network Inc. Dr. Patel has been providing gastroenterology services to his patients at his endoscopy center in Clarksville, Tennessee since 1993. Dr. Patel has also been involved with the construction of several Marriott hotels and retirement communities in the Middle Tennessee area, and in 2005, he helped organize Civic Bank & Trust (“Civic”). He served as Chairman of the board of directors of Civic since Civic’s organization until its merger with and into Franklin Synergy Bank, a wholly owned subsidiary of the Company (the “Bank”), effective April 1, 2018. Dr. Patel was elected to the board of directors of FFN and the Bank effective April 1, 2018, pursuant to the requirements of the Agreement and Plan of Reorganization and Bank Merger dated December 14, 2015, by and among the Bank, Civic, and FFN, as amended by Amendment No. 1, dated May 9, 2016, Amendment No. 2, dated March 30, 2017, and Amendment No. 3, dated September 29, 2017. Director Qualifications includes, Extensive Business Experience—Dr. Patel has extensive business experience and knowledge of the Nashville and broader Middle Tennessee markets. His connection to, and business experience in, both the Nashville and greater Middle Tennessee markets will provide valuable insight into those markets. Relevant Governance Experience—Dr. Patel previously served chairman of the board of directors of Civic.

Pamela Stephens

Ms. Pamela J. Stephens, is an Independent Director of Franklin Financial Network Inc and the Bank, since July of 2009. Ms. Stephens is a Funeral Director and part owner of Williamson Memorial Funeral Home and Gardens in Franklin, Tennessee and Spring Hill Memorial Park and Funeral Home in Spring Hill, Tennessee. From 2003 to 2007, Ms. Stephens served on the board of directors of Cumberland Bank in Franklin, Tennessee. Ms. Stephens is a Paul Harris Fellow where she served as charter president of the Rotary Club of Spring Hill. She is a past president of the Cemetery Association of Tennessee and past president of the Southern Cemetery and Funeral Association, a member of the board of directors of the Franklin-Williamson County Chamber of Commerce and board of director of the Tennessee Funeral Directors Association and past president of the Southern Cemetery and Funeral Association. Ms. Stephens is currently serving as a director on the Board of Directors for the Williamson Medical Center Foundation Board, and is a member of Mt. Carmel Cumberland Presbyterian Church. Director Qualifications includes, Extensive Knowledge of Our Company—Ms. Stephens has been a director of FFN and the Bank since July of 2009. Relevant Executive/Leadership Experience—Ms. Stephens serves in leadership positions and is the part owner of multiple businesses in the funeral services industry. Relevant Governance Experience—Ms. Stephens previously served on the board of directors of Cumberland Bank and is the past president of multiple organizations. She also has served on various legislative committees in the funeral industry.

Melody Sullivan

Ms. Melody J. Sullivan, is an Independent Director of Franklin Financial Network Inc and the Bank, since May of 2010. Ms. Sullivan founded the first woman-owned CPA firm in Franklin, Tennessee’s Historic Downtown business district in July of 1986 after working as a staff accountant for one of Nashville’s most respected business owners and CPA firms, and serving as comptroller for a local food service company. She served on the Board of Directors of Franklin National Bank for 14 years and Fifth Third Bank for 5 years. Ms. Sullivan is a member and past president of the Franklin Breakfast Rotary Club. She currently serves on the board of directors for Waves in Franklin, Tennessee, an organization dedicated to enabling individuals with intellectual and developmental disabilities to progress toward their full potential. She is a past president of the board of directors of Franklin Family YMCA and has served on the board of directors of United Way of Williamson County, Franklin Tomorrow, the Williamson County-Franklin Chamber of Commerce, The March of Dimes, Williamson County CASA, and Historic Carnton Plantation. Ms. Sullivan is a graduate of Leadership Franklin. She is a past chairperson of the Small Business Development Division of the Williamson County-Franklin Chamber of Commerce. Director Qualifications includes, Extensive Knowledge of Our Company—Ms. Sullivan has been a director of FFN and the Bank since May of 2010. High Level of Financial Literacy—Ms. Sullivan has over 30 years of experience as a CPA. She founded the first woman-owned CPA firm in downtown Franklin, Tennessee, served as a staff accountant for one of Nashville’s most respected business owners and CPA firms, served as comptroller for a local food service company and has been designated as our “audit committee financial expert” on our audit committee. Extensive Knowledge of the Financial Services Industry—Ms. Sullivan served on the board of directors of Franklin National Bank for 14 years and Fifth Third Bank for 5 years.

Gregory Waldron

Mr. Gregory E. Waldron is an Independent Director of Franklin Financial Network, Inc. and the bank. Mr. Waldron is a partner and managing member of Waldron Enterprises, LLC in Murfreesboro, Tennessee, which he joined in 1986. He received a Bachelor of Science in Engineering Science from Lipscomb University in Nashville, Tennessee in 1985. Waldron Enterprises, LLC is involved in building and selling new homes, building and managing apartments, developing residential lots, and developing commercial investment property for retail and office use. He formerly served on the board of directors of MidSouth from 2003 to 2014 and as its Vice Chairman from 2012 to 2014; on the board of directors of Middle Tennessee Christian School from 1999 to 2007 and as its Vice Chairman from 2006 to 2007; on the Community Board of Cavalry Banking from 2000 to 2003; on the board of directors of Trans Financial Bank of Tennessee from 1997 to 1999; and on the Rutherford County Home Builders Association from 1994 to 1995. Director Qualifications includes, Relevant Executive/Leadership Experience—Mr. Waldron is a partner and managing member of a company and has served as Vice Chairman of organizations. Extensive Knowledge of the Financial Services Industry—Mr. Waldron has served on the boards of multiple banks. Extensive Knowledge of the Real Estate Industry—Mr. Waldron has extensive experience in the real estate industry.

Benjamin Wynd

Mr. Benjamin Wynd CPA is an Independent Director of Franklin Financial Network, Inc and bank. Mr. Wynd, a Certified Public Accountant and partner at Smiley CPAs in Franklin, Tennessee since November 2014, has extensive management, technical and analytical skills, and brings significant experience in various technical accounting, finance and Securities and Exchange Commission (“SEC”) reporting roles. Mr. Wynd has been heavily involved Nashville’s healthcare industry, as the Assistant Vice President –Accounting and Financial Reporting at Capella Healthcare (“Capella”), from April 2014 to November 2014, and prior to Capella as the Director of Financial Reporting at Tenet Healthcare/Vanguard (“Vanguard”) from 2009 to 2014. While at Vanguard, Mr. Wynd was actively engaged in working on Vanguard’s SEC filings, including Vanguard’s initial public offering in June 2011, comprehensive debt refinancing, overseeing the financial reporting of Vanguard’s health plans and supporting acquisition due diligence. Mr. Wynd’s experience also includes working with national accounting firms (in the areas of Taxation, Audit and Acquisition Due Diligence), as well as with the 2002 Olympic Winter Games in Salt Lake City, Utah, from 2000 to 2002. A graduate of Transylvania University in Lexington, Kentucky in 2000, he is a member of various professional and industry organizations as well as a Board Member for Outdoor Encounter, a non-profit organization, from 2008 to 2015. In connection with his appointment to the Board, Mr. Wynd was appointed as a member of the Board’s audit committee.

Mandy Garland