February 22, 2010 (FinancialWire) — Thomas H. Siemers, the chairman, president and CEO of First Franklin Corp. (NASDAQ: FFHS) and chairman of Franklin Savings and Loan Co., plans to retire effective March 31, 2010. The company’s board has selected John Kuntz to replace Siemers as chairman, president and CEO of First Franklin Corp. and chairman of Franklin Savings and Loan Co. effective April 1.

Siemers has been with Franklin Savings for more than 60 years. He joined Franklin Savings in 1948 and was elected to the board of directors in 1953. He was elected as president of Franklin Savings in 1968.

The company said that Siemers will continue to serve on the First Franklin and Franklin Savings and Loan boards.

Gretchen Schmidt, president and CEO of Franklin Savings and Loan, will continue in her current leadership role.

Kuntz has served on the Franklin Savings and Loan board of directors since 2003 and the First Franklin board of directors since 2006.

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.