FB Financial Corporation (NYSE: FBK), the holding company of Nashville-based FirstBank, has been named a Winning ‘W’ Company by 2020 Women on Boards for its board diversity.
This is the second consecutive year that FirstBank has received this honor.
The 2020 Women on Boards Winning ‘W’ Company recognition is granted to publicly traded companies whose boards consist of at least 20 percent women. 2020 Women on Boards is a nonprofit education campaign that has become a respected global brand and formidable advocate for increasing the number of women on corporate boards by the year 2020. As of 2018, the percentage of board seats held by women rose to 17.7 percent, up from 16 percent in 2017.
“We applaud Executive Chairman Jim Ayers and the FB Financial board of directors for engaging the diverse opinions and perspectives of women on its board,” said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. “Studies have shown that women in positions of leadership are uniquely valuable to corporations and the challenges they face today.”
FB Financial’s nine-person board includes Agenia Clark, president and CEO of the Girl Scouts of Middle Tennessee, and Emily Reynolds, former Secretary of the U.S. Senate.
“I’m proud that we are among a group of companies that have a strong commitment to diversity and inclusion,” Ayers said. “We have an outstanding board of directors, and Agenia and Emily are respected, invaluable members of not only our board but also our community.”
Nashville-based FirstBank, a wholly owned subsidiary of FB Financial Corporation (NYSE: FBK), is the third largest Tennessee-headquartered bank, with 66 full-service bank branches across Tennessee, North Alabama and North Georgia, and a national mortgage business with offices across the Southeast. The bank serves five of the major metropolitan markets in Tennessee and, with approximately $5.7 billion in total assets, has the resources to provide a comprehensive variety of financial services and products.