TSU president also takes over from Dickens as lead director
A member of the Pinnacle Financial Partners board of directors since late 2007 will step down next month after the bank holding company’s annual shareholders’ meeting.
Gary Scott joined the Pinnacle board when the downtown-based company acquired Mid-America Bancshares, which owned PrimeTrust Bank — a community bank Scott had helped launch in 2001 — and Bank of the South. He is not allowed to run for another term on the body because he is 75, the age at which Pinnacle’s governance policies say no director can be renominated.
In part because of his tenure on the board, Scott had come to be considered an independent director rather than an insider. That distinction allowed him to until recently chair the board’s risk committee — Renda Burkhart, a Knoxville accountant, now holds that position — and be a member of its nomination and corporate governance committee.