Farmers & Merchants Bancorp Appoints Jill A. Giles as New CFO Amid Leadership Transition

Leadership Transition at First Farmers and Merchants Corporation: Jill A. Giles Takes the Helm as CFO

First Farmers and Merchants Corporation announces the appointment of Jill A. Giles as Chief Financial Officer (CFO) and Corporate Secretary, marking a significant leadership transition within the organization. Effective immediately, Giles succeeds Robert E. Krimmel, who departs to pursue a new career opportunity. Brian K. Williams, Chairman and CEO, expresses confidence in Giles’ capability to navigate this transition seamlessly, highlighting her extensive experience within the company. Since joining First Farmers in 2013, Giles has held several key positions, including Controller and Chief Accounting Officer, which have equipped her with a deep understanding of the organization’s financial operations.

In her new role, Giles maintains her responsibilities as CFO of First Farmers Bank, where she has demonstrated her leadership skills by streamlining accounts payable processes, an initiative that earned her the First Farmers Innovation Award in 2018. Her academic credentials, including a Bachelor of Science in Accounting from The University of Tennessee at Martin and a Master of Science in Accounting from Middle Tennessee State University, complement her professional achievements. As a Certified Public Accountant, she brings both expertise and a strategic vision to her expanded role at the corporate level, positioning the company for continued growth in the competitive banking landscape.

First Farmers and Merchants Corporation operates 22 offices across seven counties in Middle Tennessee, with total assets reported at approximately $1.8 billion and total shareholders’ equity around $138 million as of December 31, 2024. The organization also manages trust assets totaling $6.2 billion. Giles is noted not only for her financial acumen but also for her community involvement, having served on the board of Habitat for Humanity Williamson-Maury. Under her leadership, the company is expected to enhance its financial strategies and community engagement as it continues to serve the needs of its customers and stakeholders.

In related news, First Farmers and Merchants Corporation remains committed to fostering a culture of innovation and community service. With a strong foundation laid by previous leadership, the firm aims to leverage Giles' expertise to further its mission of providing exceptional banking services in Middle Tennessee. The company’s ongoing initiatives reflect its dedication to both financial performance and social responsibility, ensuring a positive impact on the communities it serves. For more information about the company’s offerings and governance, visit www.myfirstfarmers.com under the “Investor Relations” section.