Memphis, Tenn.—Commercial Bank & Trust has announced that Mott Ford is the institution’s new Chairman of the Board.
Ford also was recently installed as chairman of the Tennessee Bankers Association during ceremonies at that organization’s 129th annual meeting.
Ford has served Commercial Bank & Trust in various roles for 24 years and is now following in his father’s footsteps as chairman of the board. Molitor Ford died in February.
As Chairman and CEO, Ford is responsible for the strategic and operating initiatives for Commercial Bank and Trust Company, an institution with banking operations in Memphis, Paris, Union City, and Jackson. Ford currently serves on the Community Depository Institutions Advisory Council of the Federal Reserve as well as on several nonprofit boards in the Memphis area.
At the Tennessee Bankers Association annual meeting, Ford accepted the chairman’s gavel from John Muse, chairman, president and CEO of Farmers State Bank in Mountain City, who served as TBA chairman for 2018-2019. Muse will remain a member of the Association’s board of directors for the next three years to help ensure continuity of leadership.
Delegates from TBA-member institutions elect new executive officers and new board members each year during the annual convention, with members receiving one vote per charter. Executive officers elected for 2019–2020 are:
- Chairman—R. Molitor Ford, Jr., chairman and CEO, Commercial Bank & Trust Co., Memphis
- Chairman-elect—Chris Holmes, president and CEO, FirstBank, Nashville
- Vice Chairman—Allen McClary, president and CEO, UBank, Jellico
In addition to the executive officers, TBA members elected one new director from each of the three grand divisions of the state. Directors serve three-year terms on the TBA board. New directors are:
- East Tennessee—Chris White, president and CEO, Peoples Bank of East Tennessee, Madisonville
- Middle Tennessee—Mark Hayes, chairman and CEO, First National Bank of Pulaski, Pulaski
- West Tennessee—Randy Huffstetler, CEO, Greenfield Banking Company, Greenfield