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Top banking moves: Franklin Financial reshuffles management


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Top banking moves: Franklin Financial reshuffles management

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

March 13

The Bancorp Inc. named Erika Caesar chief diversity officer and Maria Wrainright chief marketing officer.

Caesar previously served as managing director and assistant general counsel. Wrainright, who was also appointed managing director, joined the Wilmington, Del.-based company in 2013.

Chief Risk Officer Gregor Garry will also serve as deputy COO.


Alicia Freeman took over as president of Peoples Bank in year-end 2016 and as CEO in year-end 2017, according to her email to S&P Global Market Intelligence.

Freeman succeeded Paul Wreede, who stepped down as president in year-end 2016 and as CEO in year-end 2017.

Freeman has held various posts in the bank over the last 14 years.

Gambier, Ohio-based Peoples Bank is a subsidiary of Peoples Bancshares of Gambier Inc.

March 12

James Brennan on March 5 resigned as general counsel of Burr Ridge, Ill.-based BankFinancial Corp. and unit BankFinancial NA.

March 11

Jeff Weldon's employment with United Prairie Bank, where he served as CFO, ended Oct. 30, 2018.

Mountain Lake, Minn.-based United Prairie Bank is a subsidiary of Farmers State Corp.


Zanesville, Ohio-based North Valley Bank appointed Tricia Lyons CFO. Lyons succeeded Tom Petrokubi, who has retired.


Greg Smitley was named president and CEO of Hicksville, Ohio-based Empire Bancshares Inc. and unit Hicksville Bank, according to The (Auburn, Ind.) Star.

Smitley succeeds Larry Coburn, who is retiring. Smitley has been vice president of finance and COO of Huntington University in Indiana for the past four years.


Richard Herrington on March 8 retired as chairman, president and CEO of Tennessee-based Franklin Financial Network Inc., and as chairman and CEO of unit Franklin Synergy Bank.

J. Myers Jones III, who is executive vice president and chief credit officer of the bank, was named interim CEO of both entities. Lee Moss, current president of Franklin Synergy Bank, was named interim president of Franklin Financial. Meanwhile, James Cross IV, an outside director at the bank, was named chairman of both entities.

Kevin Herrington, who has served as COO of the bank, has also resigned. Terry Howell, who will remain as Franklin Financial's executive vice president and corporate risk officer, was named interim COO.

Eddie Maynard, who most recently served as the bank's assistant chief credit officer, was named chief credit officer.


Peoples Exchange Bank President Claude Bentley is planning to step down from the position, according to The Lane Report. Bentley will continue to serve as a director.

Peoples Exchange Bank CEO Anthony Parrish will take over the president position.

The Winchester, Ky.-based bank is a unit of Genbeach Co. Inc.

March 10

Joe Martinez was appointed chief lending officer of Alamosa, Colo.-based San Luis Valley Federal Bank, Valley Courier reported.

Martinez previously served as commercial loan officer and vice president of Alamosa State Bank, a unit of Alamosa Bancorp Ltd.

March 8

Litchfield National Bank named Logan Treece CFO.

Treece, who was previously assistant CFO, succeeded Frank Fleming, who will remain chairman of the Litchfield, Ill.-based bank.


David Glidden was appointed president and CEO of Middletown, Conn.-based Liberty Bank.

Glidden succeeded Chandler Howard, who retired by the end of 2018.

Glidden recently served as regional president for the Northern New England and Upstate New York Region for Toronto-Dominion Bank.


Katy Lackowski was appointed CFO of Mineral Wells, Texas-based Titan Bank N.A., a unit of Dallas-based BMC Bancshares Inc.

Lackowski previously served as vice president of process optimization of Beal Service Corp.

March 7

Vince Liuzzi was named president of Defiance, Ohio-based First Federal Bank of the Midwest, a unit of First Defiance Financial Corp.

Liuzzi was executive vice president and chief banking officer of Downingtown, Pa.-based DNB First NA, a unit of DNB Financial Corp.

First Defiance Financial President and CEO Donald Hileman will no longer serve as president of First Federal Bank but will continue to serve as the bank's CEO.