UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
             

FORM 8-K
 
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): January 30, 2020
                
FB FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)

  
 
 
 
 
 
Tennessee
 
001-37875
 
62-1216058
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification Number)
 
 
 
 
 
211 Commerce Street, Suite 300
Nashville, Tennessee
 
 
 
37201
(Address of principal executive offices)
 
 
 
(Zip Code)
 
(615) 564-1212
(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
common stock, $1.00 par value
FBK
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ý
 
 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ý
 





Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 30, 2020, the board of directors (the “Board”) of FB Financial Corporation (the “Company”) increased the size of the Board from nine members to 10 members and appointed William F. Carpenter III to fill the vacancy created by the increase and to serve as a member of the Board until the election and qualification of his successor or until his earlier death, resignation, or removal. Mr. Carpenter was additionally appointed to the audit committee of the Board.

Mr. Carpenter, age 65, is an accomplished health care executive who most recently served as chairman and chief executive officer for LifePoint Health, a role from which he retired in November 2018. Prior to joining LifePoint as a founding employee in 1999, Mr. Carpenter was a partner at the law firm of Waller Lansden Dortch & Davis, where he focused on corporate finance transactions, mergers and acquisitions, and health care regulatory matters. Mr. Carpenter serves on the boards of directors of NashvilleHealth, the Center for Medical Interoperability, United Way of Nashville, Nashville Public Radio and Montgomery Bell Academy. Mr. Carpenter received his Bachelor of Arts degree and his Doctor of Jurisprudence degree from Vanderbilt University.

The Board and its relevant committees have determined that Mr. Carpenter qualifies as an independent director under the listing standards of the New York Stock Exchange and as an “audit committee financial expert” under SEC rules. There are no arrangements or understandings between Mr. Carpenter and any other persons pursuant to which he was selected as director. In addition, there are no transactions involving Mr. Carpenter and the Company that require disclosure under Item 404(a) of Regulation S-K.

In his capacity as a director, Mr. Carpenter will receive compensation that is consistent with the compensation received by the other members of the Board. A description of the compensation payable to members of the Board is set forth under the heading “Director Compensation” in the Company’s definitive proxy statement filed with the SEC on April 16, 2019 and is incorporated herein by reference.

Item 9.01.     Financial Statements and Exhibits.
 
Exhibit Number             Description of Exhibit

99.1                Press Release





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
 
FB FINANCIAL CORPORATION
 
 
 
 
 
By: /s/ James R. Gordon
 
 
James R. Gordon
Date: February 3, 2020
 
Chief Financial Officer



    








             LOGOA01.JPG
FORMER LIFEPOINT CHAIRMAIN AND CEO BILL CARPENTER
JOINS FB FINANCIAL BOARD

NASHVILLE, Tenn. (Feb. 3, 2020) - William F. (Bill) Carpenter III, former chairman of the board and CEO of Nashville-based LifePoint Health, has been appointed to the board of directors of FB Financial Corporation, the holding company of FirstBank.
Carpenter’s addition represents an expansion of the board, which will now have 10 members. Upon completion of the pending merger with Franklin Financial Network, the holding company of Franklin Synergy Bank, it will add three additional board members.
Carpenter, one of the nation’s most accomplished health care executives, was a founding employee of LifePoint, which was established in 1999, and he previously served in various executive roles for the company before retiring from his role as chairman and CEO in November 2018. Under Carpenter’s leadership, LifePoint grew to become a Fortune 500 company. He remains on Brentwood-based LifePoint Health’s board of directors.
Prior to joining LifePoint, Carpenter was a partner at the law firm of Waller Landsen Dortch & Davis, where he focused on corporate finance transactions, mergers and acquisitions, and health care regulatory matters. During his time at Waller, he served as head of the firm’s health law group, which consisted of more than 40 lawyers.
“We are tremendously pleased that Bill is joining our board of directors,” said FB Financial Executive Chairman James W. Ayers. “His addition will expand our board’s depth of expertise and ensure that we continue to deliver the best results for our shareholders. His wealth of knowledge and experience in healthcare, the practice of law and leadership of a publicly traded company will be great resources for FB Financial as we continue to expand our footprint, increase our market share and bring excellence to our operations.”
In addition to his experience at LifePoint, Carpenter has served on the boards of directors of the American Hospital Association, the Federation of American Hospitals and the Nashville Health Care Council.
“I am grateful for the opportunity to join the FB Financial board of directors,” Carpenter said. “FirstBank has long been one of the premier community banks in the Southeast, and I look forward to playing a role in their storied tradition in the future.”
Carpenter is a graduate of Vanderbilt University, where he earned a Bachelor of Arts degree and his Doctor of Jurisprudence degree. He currently serves on numerous boards throughout the Nashville community and has appeared on Modern Healthcare’s annual “100 Most Influential People in Healthcare” list several times. He resides in Nashville with his wife, Trudy, and they have three children and two grandchildren.






About FB Financial Corporation
FB Financial Corporation (NYSE: FBK) is a bank holding company headquartered in Nashville, Tenn. FB Financial operates through its wholly owned banking subsidiary, FirstBank, the third largest Tennessee-headquartered bank, with 68 full-service bank branches across Tennessee, North Alabama and North Georgia, and a national mortgage business with offices across the Southeast. FirstBank serves five of the largest metropolitan markets in Tennessee and has approximately $6.0 billion in total assets.
For More Information:
 
 
 
 
 
Jeanie Rittenberry
 
Roger Shirley
FirstBank
 
MP&F Strategic Communications
jrittenberry@firstbankonline.com
 
rshirley@mpf.com
(615) 313-8328
 
(615) 259-4000