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.

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.

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