Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) announced today
that Bill Hagerty, co-founder and managing director of private
equity investment firm Hagerty Peterson & Company, has been elected to
its board of directors.
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Bill Hagerty (Photo: Business Wire)
He joins 13 other prominent business and community leaders on Pinnacle’s
board.
“Bill has a breadth of corporate and government service experience and
has made exemplary contributions to numerous boards in the private and
political sectors,” said Robert A. McCabe Jr., Pinnacle’s chairman. “He
is an extraordinarily valuable addition to our board, and we are pleased
to welcome him as a director.”
Hagerty recently served in Tennessee Gov. Bill Haslam’s cabinet as the
state’s commissioner of economic development. During his tenure he was
also responsible for the Tennessee Film, Entertainment and Music
Commission.
Hagerty began his career with global consultancy The Boston Consulting
Group and then served on the White House Domestic Policy Staff as chief
economist for the President’s Council on Competitiveness.
Following his service on the White House staff, Hagerty joined Trident
Capital and launched his career in private equity. He has successfully
invested in a broad range of industries including financial services,
heath care and technology. In 2012, he took a leave of absence and moved
to Washington, DC to serve full-time on the 2012 U.S. Presidential
Transition Team. Hagerty has continued to participate in a bi-partisan
effort to help ensure smooth and effective presidential leadership
transitions.
His financial services experience includes serving on the board and
audit committee of RenaissanceRe Holdings Ltd., one of the world’s top
catastrophic risk re-insurance companies. Hagerty also serves on the
board and chairs the governance committee of R.J. O’Brien & Associates,
LLC, one of the nation’s largest independent futures and commodities
merchants.
For 11 years he served as member and chair of the Regional Selection
Panel for the President’s Commission on White House Fellowships
(Clinton, Bush and Obama administrations). Hagerty also was vice
chairman of the board of Columbia Hospital for Women, a nationally
recognized not-for-profit women’s hospital in the District of Columbia.
He has served as chairman of the executive board of the National Capital
Council of the Boy Scouts of America and is now an active member of the
Middle Tennessee BSA board’s executive committee.
Hagerty also has been engaged locally serving as a trustee of Cheekwood,
where he was on the executive committee of the board, and as board chair
for the Tennessee Technology Development Corporation.
A native of Tennessee, Hagerty earned his bachelor’s degree in economics
and juris doctor degree from Vanderbilt University.
Pinnacle Financial Partners provides a full range of banking,
investment, trust, mortgage and insurance products and services designed
for businesses and their owners and individuals interested in a
comprehensive relationship with their financial institution.
The firm began operations in a single downtown Nashville location in
October 2000 and has since grown to approximately $6.5 billion in assets
at June 30, 2015. At June 30, 2015, Pinnacle is the second-largest bank
holding company headquartered in Tennessee, with 29 offices in eight
Middle Tennessee counties and five offices in Knoxville. The firm
expanded to West Tennessee in April 2015 with a loan-production office
in Memphis. Additionally, Great Place to Work® named Pinnacle
one of the best workplaces in the United States on its 2014 Best Small &
Medium Workplaces list published in FORTUNE magazine. The American
Banker also recognized Pinnacle as the second best bank to work for
in the country.
Additional information concerning Pinnacle, which is included in the
NASDAQ Financial-100 Index, can be accessed at www.pnfp.com.
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