First Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Jill A. Giles was named Chief Financial Officer and Corporate Secretary of the Corporation, effective immediately. The positions were formerly held by Robert E. (“Bobby”) Krimmel who is leaving the bank to pursue another career opportunity.
“I am pleased to announce the promotion of Jill Giles to Chief Financial Officer of First Farmers and Merchants Corporation,” stated Brian K. Williams, First Farmers’ Chairman and CEO. “Jill has served as Chief Financial Officer of the Bank and previously served as the Bank’s Chief Accounting Officer and Controller. She has worked closely with Bobby Krimmel who previously served as the Bank’s CFO, and I expect a smooth transition of these responsibilities to her.”
Giles will continue as Chief Financial Officer of the Bank. Her additional responsibilities will include Corporate Secretary for the bank and Chief Financial Officer and Corporate Secretary of the Corporation. She joined First Farmers in 2013 as Controller for the Bank. She was promoted to Chief Accounting Officer where she was responsible for the day-to-day operations and management of the accounting function at the Bank. After serving as Chief Accounting Officer until 2020, Giles was promoted to Chief Financial Officer of the Bank on January 1, 2024. She was awarded the First Farmers Innovation Award in 2018 in recognition of her leadership in implementing more efficient accounts payable solutions for the Bank.
Prior to joining First Farmers, Giles worked in public accounting as an audit manager and provided internal and external audit services for community banks. She holds a Bachelor of Science degree in accounting from The University of Tennessee at Martin and a Master of Science degree in accounting from Middle Tennessee State University. She is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants. She is a past board member for Habitat for Humanity Williamson-Maury and remains an active supporter in the community.
About First Farmers and Merchants Corporation and First Farmers and Merchants Bank
First Farmers and Merchants Corporation is the holding company for First Farmers and Merchants Bank, a community bank serving the Middle Tennessee area through 22 offices in seven Middle Tennessee counties. As of December 31, 2024, First Farmers reported total assets of approximately $1.8 billion, total shareholders’ equity of approximately $138 million, and administered trust assets of $6.2 billion. For more information about First Farmers, visit us on the Web at www.myfirstfarmers.com under “Investor Relations.”
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