Franklin Synergy Bank's new CEO is slated to make less than his predecessor — at least when it comes to his base salary.
Myers Jones — who was named the Williamson County's lender CEO on Tuesday — will earn a base salary of $453,000 during his first year, according to his newly filed employment contract. His base salary is then expected to increase to $498,000 in his second year at the helm, filings show. That's 23% less than former CEO Richard Herrington's base salary of $587,001.