Business
Robert E. (“Bobby”) Krimmel Named Chief Administrative Officer
Robert E. (“Bobby”) Krimmel Named Chief Administrative Officer.
About this update from First Farmers & Merchants Corp.
[{"type":"text","content":"\nFirst Farmers and Merchants Corporation (OTC Pink: FFMH), the holding company for First Farmers and Merchants Bank, today announced that Robert E. (“Bobby”) Krimmel was named to the newly created position as Chief Administrative Officer in addition to continuing as the Chief Financial Officer of First Farmers and Merchants Corporation.\n\n\n“Bobby Krimmel joined First Farmers in 2015 as Chief Financial Officer and his strong skills in financial management had an immediate and positive impact on our operations,” stated Brian K. Williams, First Farmers’ Chairman and CEO. “Since that time, he has successfully managed our financial reporting, treasury activities, tax, financial strategy and forecasting. In the newly created role as Chief Administrative Officer, Bobby will be responsible for most of the Banks’ major support functions including Accounting, Treasury, Information Technology, Project Management, Internal Controls, Information Security, Fraud, Risk Management, Facilities Management, Management Reporting Systems, Corporate Communications and Shareholder Services.\n\n\n“I am very pleased to name Bobby Krimmel to this important position. He will be working closely with me in strategic planning and goal setting to expand the future growth opportunities for First Farmers. In his new role, he will also provide executive leadership to the Internal Audit and the Regulatory Compliance functions of the Bank and will be the Bank’s primary liaison with all regulatory authorities and external auditors. He will also maintain significant influence over business planning, policy development, efficiency enhancement, process improvement, resource allocation, budgeting and issue resolution,” concluded Williams.\n\n\nPrior to joining First Farmers, Krimmel served as Senior Vice President and Chief Accounting Officer for HeritageBank of the South in Albany, Georgia. While at HeritageBank, he managed the accounting, treasury, tax, accounts payable, loss-share accounting and reconciliation departments. He also directed HeritageBank’s investment portfolio, managed the interest rate risk analysis, and was responsible for Security and Exchange Commission and regulatory reporting. Before joining HeritageBank, Krimmel was Vice President and Controller at GreenBank in Greenville, Ten...