CapStar Recruits Veteran Bank Executive as Senior Credit Officer

Rhea-AI Summary

CapStar Bank has appointed Ellen Hackett as Senior Vice President, Commercial Credit Administration and Senior Credit Officer. With over 30 years of experience, Hackett will lead credit origination and portfolio management for commercial lending. Chief Credit Officer Kevin Lambert highlighted the growth opportunities in East and Middle Tennessee, noting the bank's commitment to attracting top talent. CapStar Bank, with assets totaling $3.1 billion, provides personalized banking services to small and mid-sized businesses across multiple Tennessee counties.

Positive

• Appointment of Ellen Hackett as Senior Vice President signals commitment to enhancing commercial credit expertise.
• Ellen brings over 30 years of relevant experience, promising improved oversight of credit origination and portfolio management.
• Focus on high-growth regions in Tennessee indicates potential market expansion and increased business opportunities.

Negative

• None.

NASHVILLE, Tenn., Nov. 30, 2021 (GLOBE NEWSWIRE) -- CapStar Bank, a subsidiary of CapStar Financial Holdings (NASDAQ: CSTR), announces the hiring of Ellen Hackett as Senior Vice President, Commercial Credit Administration and Senior Credit Officer. Ellen brings more than three decades of experience in senior lending and credit roles, and will oversee all credit origination and portfolio management of the bank’s commercial lending relationships.

“CapStar is focused on the tremendous opportunity in our state’s high-growth East and Middle Tennessee regions,” said Kevin Lambert, Chief Credit Officer of CapStar. “We continue to attract top talent and we could not be more thrilled to have Ellen join us in this role. Ellen’s stellar reputation, commitment to community banking and vast industry experience make her an outstanding addition to our team.”

Ellen Hackett, SVP, Commercial Credit Administration and Senior Credit Officer (ellen.hackett@capstarbank.com)

With over 30 years of banking experience, Ellen joins CapStar having most recently served as Chief Commercial Credit Officer at Pathway Lending in Nashville. Ellen began her career in 1989 as Associate National Bank Examiner with the Comptroller of the Currency for Tennessee, Mississippi, and Alabama. Subsequently, she worked in senior-level lending, credit, portfolio management and special assets positions for several Nashville-based financial institutions, including a total of seven years as a Sr. Credit and Lending Officer and then Chief Credit Officer of First Advantage Bank.

Ellen earned a bachelor’s degree in economics from Mississippi State University. She previously served on the Board of Trustees for Davidson Academy and was an active member of Toastmasters International.

About CapStar

CapStar Bank, with assets of $3.1 billion, provides a relationship-based and highly personal banking experience to small to mid-sized private businesses, professionals, and individuals. Focused on delivering superior flexibility, responsiveness, and customer service, CapStar serves customers through highly skilled employees, digital channels, as well as 22 financial centers in 12 Tennessee counties.

For more information about CapStar, please visit www.capstarbank.com.

For more information, contact:
Nicole Gibbs, (423) 457-4579
nicole.gibbs@capstarbank.com

FAQ

Who is Ellen Hackett in relation to CapStar (CSTR)?

Ellen Hackett has been appointed as Senior Vice President, Commercial Credit Administration, and Senior Credit Officer at CapStar Bank.

What are CapStar Bank's total assets?

CapStar Bank has total assets of $3.1 billion.

What is the significance of Ellen Hackett's hiring for CapStar (CSTR)?

Her hiring indicates CapStar's commitment to strengthening its commercial credit administration and expanding lending capabilities.

What focus areas does CapStar Bank emphasize after the recent appointment?

CapStar is focusing on growth opportunities in East and Middle Tennessee regions.