Leadership & Pay ·
Pinnacle Financial Partners amended its agreement with Harold R. Carpenter to extend his non-compete and customer…
PNFPPinnacle Financial Partners, Inc.
Pinnacle Financial Partners amended its agreement with Harold R. Carpenter to extend his non-compete and customer solicitation restrictions through March 31, 2027. In exchange for these covenants and cooperation duties directed by Robert A. McCabe, the company accelerated a $1,000,000 installment payment to October 1, 2026, and agreed to pay an additional $500,000 cash amount on March 31, 2027. These payments are subject to forfeiture if Carpenter breaches the non-compete terms. Pinnacle Financial Partners operates in the banking industry as a financial holding company providing commercial and retail banking services.