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First Tennessee shuffling leadership

Posted on August 28, 2009 at 11:54 am

Josh Flory checks in with some interesting management news from First Tennessee. The bank has lured King Purnell, a former SunTrust regional president, to lead its commercial real estate line of business statewide, a new approach that bank leaders say complements the market-based org chart the bank has long used.

“We’ll have very focused attention on (each) line of business,” [Charles Burkett] said. “These are the businesses that we want to be in, that we want to grow, we want to support, and it gets our people servicing customers in those segments with additional focus on it.”

SEE ALSO: Naomi Snyder with the corresponding Nashville news that ends up with Mike Edwards in Memphis and Doyle Rippee in charge of Middle Tennessee.

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