Franklin Financial Network, the parent company of Franklin Synergy Bank, hired Steve Groom as general counsel and executive vice president.
Groom has more than 40 years of experience as an attorney and comes most recently from the Nashville law firm of Neal & Harwell. In addition to the time he spent with private law firms, he also spent more than 27 years in executive and general counsel roles with two large public companies.
Myers Jones, interim CEO at Franklin Financial and Franklin Synergy Bank, commented, “Our board and executive management team are excited to welcome Steve. He has the skills and experience needed for a public company of our size and complexity.”
Groom will be the bank’s first general counsel. Julian Bibb, who has served as the company’s chief legal counsel, oversaw the process of hiring the company’s first general counsel. Bibb will remain as senior vice president and deputy counsel.
Founded in 2007, 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. It had consolidated total assets of $4.2 billion as of March 31, 2019.
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