CEO out at Franklin Synergy Bank
Richard Herrington, CEO of Franklin Synergy Bank, is leaving the bank he has led since its launch in 2007.
The bank (NYSE: FSB) announced late Friday afternoon that Herrington is retiring. In addition, his son Kevin Herrington is resigning as the bank’s chief operating officer. Both departures are effective immediately.
A news release about the leadership changes did not elaborate on the sudden nature of the departures or why the executives were leaving in tandem. A company official could not be…