MEMPHIS,
Tenn., Jan. 23, 2024 /PRNewswire/ -- First
Horizon Corporation (NYSE: FHN or "First Horizon") today
announced the election of John W.
Dietrich, 59, to the First Horizon Corporation Board of
Directors and First Horizon Bank Board of Directors.
Dietrich is Executive Vice President and Chief Financial Officer
of FedEx Corporation ("FedEx"), a provider of transportation,
e-commerce and business services. He is responsible for all aspects
of FedEx's global financial functions, including financial
planning, treasury, tax, accounting and controls, internal audit,
investor relations, and corporate development. He is also a member
of the six-person Executive Committee, which plans and executes the
corporation's strategic business activities. Prior to joining
FedEx, Dietrich served as President, Chief Executive Officer and a
member of the board of directors of Atlas Air Worldwide Holdings,
Inc. ("Atlas") from 2019 until it was acquired by an investor group
in 2023. He joined Atlas in 1999 as Associate General Counsel, was
promoted to Senior Vice President, General Counsel and Corporate
Secretary in 2004, and served as Chief Operating Officer from 2006
until 2019. Prior to joining Atlas, he worked at United Airlines
for 13 years.
"As a financial expert and executive leader of a such a
well-regarded, global organization, John brings a wealth of
knowledge and experience that will be invaluable in guiding our
future," said Bryan Jordan,
Chairman, President and Chief Executive Officer of First Horizon.
"John understands the value of a client-centric business model and
the importance of continually adapting to the changing needs and
expectations of our client base."
First Horizon Lead Director Colin
Reed added, "I am extraordinarily pleased to extend a warm
welcome to John as our newest addition to our Board of Directors.
An accomplished leader and brilliant strategist, John is highly
regarded for leading transformational change in the aviation
industry. His visionary leadership and depth of experience in
leading operations and complex negotiations are invaluable to our
Board at a pivotal time in our company's history. We are honored to
have a leader of his caliber join the company."
Dietrich also serves on the Board of Directors of AAR
Corporation and is actively engaged in his industry as Chairman of
the National Defense Transportation Association, a member of the
Board of Governors of the International Air Transport Association
and a member and former Chairman of the National Air Carrier
Association.
The company also announces the retirement of two esteemed
directors, John N. Casbon, 75, and
William H. Fenstermaker, 75,
effective at First Horizon's 2024 annual meeting of shareholders.
Each has served on the First Horizon boards since its merger of
equals with IBERIABANK. Throughout their tenure, each has made an
indelible mark on the organization. Demonstrating exemplary
leadership, they have generously given their time and talents to
shape the strategic direction of the organization and drive its
continued growth and prosperity.
Bryan Jordan added, "Through
their dedicated service on the board over the years, John and Bill
helped to create the incredibly strong foundation from which we
build our future. I am deeply grateful for their support, guidance,
friendship and contributions to our board and entire
organization."
About First Horizon
First Horizon Corp. (NYSE: FHN), with $81.6 billion in assets as of December 31, 2023, is a leading regional
financial services company, dedicated to helping our clients,
communities and associates unlock their full potential with capital
and counsel. Headquartered in Memphis,
TN, the banking subsidiary First Horizon Bank operates in 12
states across the southern U.S. The Company and its subsidiaries
offer commercial, private banking, consumer, small business, wealth
and trust management, retail brokerage, capital markets, fixed
income, and mortgage banking services. First Horizon has been
recognized as one of the nation's best employers by Fortune and
Forbes magazines and a Top 10 Most Reputable U.S. Bank. More
information is available at www.FirstHorizon.com.
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SOURCE First Horizon Corporation