Franklin Financial Services in Chambersburg, Pa., has found a successor for its chief executive.
The $1.7 billion-asset holding company said in a press release Friday that Timothy Henry will succeed the retiring William Snell. Henry became the company's president in February.
Snell, who became the company's president and CEO in 1995, also retired from the board. He will remain with Franklin as a consultant through the end of this year to further assist with the leadership succession.
- Oregon
Umpqua Holdings in Portland, Ore., will have a new chief executive in 2017. The company said Monday that Ray Davis, 67, will step down as president and CEO, effective Jan. 1. Davis, who will become executive chairman, will be succeeded by Cort O'Haver, who was named president of Umpqua Bank in April.
June 20 -
The $602 million-asset company said in a press release Friday that Stephen Bianchi was tapped to replace Edward Schaefer, who resigned in May.
June 24 -
At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.
May 31
Before joining Franklin, Henry was a commercial executive at Susquehanna Bancshares in Lititz, Pa., which was sold last year to BB&T. Henry was worked at BlueRidge Bank in Frederick, Md.
