Franklin Financial Network, Inc. (NYSE: FSB), the parent company of Franklin Synergy Bank, recently announced J. Myers Jones III has been named chief executive officer of the company and bank, effective Aug. 28, 2019.
Jones has been with the bank since 2009, serving as its chief credit officer and, since March 2019, as interim chief executive officer. He has over 40 years of experience in banking.
"This management team is one of the best with whom I have worked in my career,” he said. “The expertise and leadership this group provides to our organization is invaluable. I'm proud of the team we have assembled and am confident our investors, customers and community will recognize our commitment to ensuring the success of the company, as demonstrated through the execution of our strategic growth and profitability initiatives."
Additionally, the company announced Lee M. Moss has been named president of Franklin Financial Network, a title he also holds with the bank.
"The board is thrilled to remove the interim label from Myers Jones and Lee Moss," said James W. Cross IV, chairman of the company and bank. "After six months of searching and deliberation, we are confident we have made the best decision for all of our stakeholders. They will continue to provide strong leadership and continuity as the Board moves forward with our ongoing succession planning process."
In addition to Jones and Moss, the company also announced it has signed new three-year employment agreements with other members of its Executive Management Team, including veteran bankers Christopher J. Black, chief financial officer; David J. McDaniel IV, chief lending officer; Eddie A. Maynard Jr., chief credit officer; Terry R. Howell, corporate risk officer and interim chief operating officer; and Ashley P. Hill III, chief banking officer.