Harton To Succeed Tallent As Chairman Of United Community Banks, Inc.'s Board Of Directors

Monday, May 13, 2019

United Community Banks, Inc. Monday announced that its Board of Directors has appointed H. Lynn Harton, chief executive officer, to serve as United’s chairman of the Board, effective May 8.  He succeeds Jimmy Tallent, who has served as United’s chairman since February 2015.  

“The Board of Directors is pleased to appoint Lynn as chairman as part of our ongoing management transition at United," said Thomas Richlovsky, lead independent director of United Community Bank. "The Board is confident that Lynn, as chairman and CEO, has the vision and leadership skills to assure that United continues its dedication to quality, profitability, and growth for the benefit of our shareholders, customers, employees, and the communities we serve. Lynn’s planned transition to CEO has been successful, and we see great opportunities on the horizon. We are impressed by Lynn’s ability to preserve the culture of this organization while navigating through a fast-changing environment and building United into one of the best banks in the Southeast.  

“At the same time, we recognize that we would not be where we are today without Jimmy’s dedication and outstanding service to United over the past 35 years, for which we are profoundly grateful. We owe our service-oriented culture to Jimmy and remain focused on sustaining the core values that he instilled in our organization.”

Mr. Harton has been one of the key architects of United’s strategic vision since joining the company as chief operating officer in 2012. He was elected to the Board of Directors in February 2015 and named CEO of United on July 2, 2018. Prior to joining United, Mr. Harton served in executive capacities with various financial institutions including The South Financial Group, Regions Financial Corporation and BB&T. 

Since Mr. Harton joined the company, United has completed seven key acquisitions and has grown from $7 billion in total assets and 100 offices, to $12.6 billion in assets and 149 offices throughout five states. During this period, United’s performance has also improved significantly, with the most recent quarter reflecting a record operating ROA of 1.44 percent. 

“I am honored to take on this responsibility as chairman of United,” said Mr. Harton. “Having worked closely with Jimmy to craft the long-term plan for the company, I feel confident about our ability to continue to deliver a strong performance for shareholders. I look forward to leading our talented directors, executive team and employees together in our goal to be the best bank where the best bankers want to work.” 

 


Trident Transport Opens Third Location In Minneapolis Area

CBL Properties Completes Sale Of The Forum At Grandview In Madison, Ms. For $31.75 Million

Millwood's Cleveland Location Celebrates First Birthday, Safety Record


Trident Transport has opened their third location in the Minneapolis area. Leading the charge for the Minneapolis branch, Ryan Johnson, vice president of Sales at Trident Transport, has 25 ... (click for more)

CBL Properties on Tuesday announced that it had closed on the sale of The Forum at Grandview, a 216,000-square-foot shopping center located in Madison, Ms. The center was sold to Hendon Properties ... (click for more)

Millwood’s Cleveland operations opened its doors last June, making it the company’s 29th location. Since then, officials said the team there has worked hard to ensure safety is always at the ... (click for more)


Business

Trident Transport Opens Third Location In Minneapolis Area

Trident Transport has opened their third location in the Minneapolis area. Leading the charge for the Minneapolis branch, Ryan Johnson, vice president of Sales at Trident Transport, has 25 years of experience in the freight industry to help spearhead Trident’s expansion efforts to the upper Midwest. “When presented the opportunity to lead this expansion, I jumped at the chance,” ... (click for more)

CBL Properties Completes Sale Of The Forum At Grandview In Madison, Ms. For $31.75 Million

CBL Properties on Tuesday announced that it had closed on the sale of The Forum at Grandview, a 216,000-square-foot shopping center located in Madison, Ms. The center was sold to Hendon Properties for $31.75 million, all cash. Proceeds from the sale were used to reduce outstanding balances on the company’s line of credit. “The sale of The Forum at Grandview is an excellent ... (click for more)

Breaking News

Shots Fired Through Locked Door Killed Man, Injured 2 Others Near UTC Campus; Omerrieal Woods Had Been Released On Federal Bond

Chattanooga Police said the incident in which one man was killed and two others injured at an apartment near the UTC campus involved shots being fired through a locked door. Police have arrested both suspects involved in the fatal shooting Sunday. Omerrieal Woods was apprehended Monday evening by the Chattanooga Police Department's Fugitive Unit with assistance from the ... (click for more)

Chattanooga Man Who Spent Over 14 Years At Brushy Mountain Set To Go Back Behind Bars

A Chattanooga man who spent 14 1/2 years at Brushy Mountain State Penitentiary is set to go back behind bars. Gary Dewayne Cross, 42, on Tuesday was sentenced by Judge Travis McDonough to serve eight years in federal prison. He had initially been facing much more time with an initial guideline range of 262-327 months due to his meeting the category of an armed career criminal. ... (click for more)

Opinion

Disappointed In The Collegedale Commission

Back a long time ago, when I was in high school at McCallie, us students were afforded a lot of freedoms. But those freedoms came with the expectation that you knew, above all else, to be honest and truthful. From the outset, this was always assumed to be the case. For example, if you missed a test, you could take it at home and return it the following day, along with a signed statement ... (click for more)

Roy Exum: Why I Picked Home Depot

I know precious little about hot water heaters except for Rule No. 1 – when one that’s older than your youngest child starts leaving a pool of water on the kitchen floor, “take low and go.” Replace the thing and forget about it. I don’t want to discuss it, don’t want be a prudent buyer by taking half the day to study it, and I am not about to drive all over town to find the best ... (click for more)