---
schema_version: "secwatch.filing_event.v1"
accession: "0001649749-23-000067"
form_type: "8-K"
ticker: "FBK"
cik: "0001649749"
company_name: "FB Financial Corp"
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:11:49.861952+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# FB Financial CAO Keith Rainwater resigns; Jonathan Pennington appointed; director Jimmy Allen to retire

## Summary
- Keith Rainwater resigns as CAO effective March 16, 2023 for personal reasons; no disagreement with company.
- Jonathan Pennington appointed CAO effective March 16, 2023; base salary $275,000, target annual incentive $175,000.
- Director Jimmy E. Allen to retire at 2023 annual meeting (May 2023); board size to reduce to 11 members.
- Pennington previously served as CFO of GloriFi and CAO of BBVA USA.

## SEC filing metadata
- accession: 0001649749-23-000067
- form_type: 8-K
- ticker: FBK
- cik: 0001649749
- company_name: FB Financial Corp
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000067/0001649749-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000067/fbk-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001649749-23-000067
- JSON: https://secwatch.observer/filing/0001649749-23-000067.json
- Plain text: https://secwatch.observer/filing/0001649749-23-000067.txt

## Key facts
- Executive change
  Jimmy E. Allen departed as Director at FB Financial Corp.
  - Action: retire
  - Role: Director
  source text: On March 1, 2022, Mr. Jimmy E. Allen notified the Boards that he intends to retire as a member of the Boards. Mr. Allen’s retirement will be effective as of the 2023 annual meeting of shareholders of FB Financial, which is expected to take place in May 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000067/0001649749-23-000067-index.htm
- Executive change
  Jonathan Pennington was appointed as Chief Accounting Officer at FB Financial Corp.
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: On March 3, 2023, the boards of directors (the “ Boards ”) of FB Financial and FirstBank announced that Jonathan Pennington will replace Mr. Rainwater as Chief Accounting Officer of FB Financial and FirstBank, effective as of March 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000067/0001649749-23-000067-index.htm
- Executive change
  Keith Rainwater resigned as Chief Accounting Officer at FB Financial Corp.
  - Action: resigned
  - Role: Chief Accounting Officer
  source text: On February 27, 2023, Keith Rainwater notified FB Financial Corporation (the “ FB Financial ”), and its wholly owned subsidiary, FirstBank, of his decision to resign as Chief Accounting Officer from FB Financial and FirstBank, effective March 16, 2023 (the “ Resignation Date ”), for personal reasons.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649749/000164974923000067/0001649749-23-000067-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.