Pinnacle Financial Partners Inc. has amended its compensation arrangement with Chief Banking Officer Robert A. McCabe, Jr. following the company’s merger. Under the revised agreement, McCabe’s total compensation opportunity remains at $5,890,000, with a base salary set at $3,465,000 and a target annual bonus opportunity of $2,426,000. Additionally, Pinnacle entered into a restrictive covenant agreement with Harold R. Carpenter, who will receive a cash payment of $2,000,000 in two installments in exchange for agreeing not to compete with the company or solicit its customers or employees from January 1, 2026, to January 1, 2027. The payment is subject to forfeiture or repayment if Carpenter breaches the agreement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pinnacle Financial Partners Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0002082866-26-000004), on January 15, 2026, and is solely responsible for the information contained therein.