Bill Hagerty Joins Pinnacle Financial Partners Board
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.
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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