Memphis

National Civil Rights Museum Statement on the Passing of Bob Moses, Leader of the Civil Rights Movement

Retrieved on: 
Monday, July 26, 2021

Memphis, TN, July 26, 2021 (GLOBE NEWSWIRE) -- The National Civil Rights Museum mourns the passing of civil rights icon Bob Moses, a visionary leader, innovative educator and champion for voting rights.

Key Points: 
  • Memphis, TN, July 26, 2021 (GLOBE NEWSWIRE) -- The National Civil Rights Museum mourns the passing of civil rights icon Bob Moses, a visionary leader, innovative educator and champion for voting rights.
  • Moses was passionate about bringing math and science literacy to minority students in impoverished communities and driving much-needed educational reform.
  • Moses applied daily the constitutional premise that We The People is inclusive of all who believed and acted on it.
  • The National Civil Rights Museum mourns the passing of civil rights icon Bob Moses, a visionary leader, innovative educator and champion for voting rights.

The National Civil Rights Museum Announces Date for the 30th Freedom Award

Retrieved on: 
Friday, July 23, 2021

Memphis, TN, July 23, 2021 (GLOBE NEWSWIRE) -- The National Civil Rights Museum announced it will present its Freedom Award on Thursday, October 14, and with a new format.

Key Points: 
  • Memphis, TN, July 23, 2021 (GLOBE NEWSWIRE) -- The National Civil Rights Museum announced it will present its Freedom Award on Thursday, October 14, and with a new format.
  • This year is a double celebration with the 30thanniversary for both the museum and the Freedom Award.
  • This is a pivotal year for the Freedom Award, said Faith Morris, the museums Chief Marketing & External Affairs Officer and Freedom Award Managing Director/Producer.
  • The NATIONAL CIVIL RIGHTS MUSEUM, located at the historic Lorraine Motel where civil rights leader Dr. Martin Luther King, Jr. was assassinated, gives a comprehensive overview of the American Civil Rights Movement from slavery to the present.

Hunter Hill Named Chief Digital Transformation Officer

Retrieved on: 
Wednesday, July 21, 2021

MEMPHIS, Tenn., July 21, 2021 (GLOBE NEWSWIRE) -- First Horizon Bank has named Hunter Hill as Chief Digital Transformation Officer and promoted Tony Adams to New Orleans Market President.

Key Points: 
  • MEMPHIS, Tenn., July 21, 2021 (GLOBE NEWSWIRE) -- First Horizon Bank has named Hunter Hill as Chief Digital Transformation Officer and promoted Tony Adams to New Orleans Market President.
  • Hill joined legacy IBERIABANK in 2009 to grow the banks commercial client base in Birmingham, Alabama.
  • In his new role as Chief Digital Transformation Officer, he will be responsible for creating and driving enterprise digital vision, strategy and thought leadership across all lines of business (Retail, Private Client, Business Banking, Commercial and Specialty LOBs).
  • The role will also include direct ownership of consumer digital (excluding VirtualBank), treasury management and payments, including strategy, sales, on-boarding and servicing.

First Horizon Corporation Reports Second Quarter Net Income Available to Common Shareholders of $295 Million, or EPS of $0.53; $321 Million, or $0.58, on an Adjusted basis*

Retrieved on: 
Friday, July 16, 2021

Excluding notable items, adjusted second quarter 2021 NIAC of $321 million, or $0.58 per share, increased from $284 million, or $0.51 per share in first quarter.

Key Points: 
  • Excluding notable items, adjusted second quarter 2021 NIAC of $321 million, or $0.58 per share, increased from $284 million, or $0.51 per share in first quarter.
  • We remain focused on controlling the things we can control including expenses and deposit pricing and making investments that drive future growth.
  • A replay of the call will be available beginning at noon CT on July 16 until midnight CT on July 30 .
  • A replay of the webcast will also be available at http://ir.fhnc.com/Event and will be archived on the site for one year.

First Horizon Announcement on Series F Preferred Stock Dividend

Retrieved on: 
Friday, July 9, 2021

MEMPHIS, Tenn., July 09, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN) today announced a cash dividend amount of $874.72 per share on FHNs 4.70% Non-Cumulative Perpetual Preferred Stock, Series F ("Series F Preferred Stock") which was issued on May 3, 2021.

Key Points: 
  • MEMPHIS, Tenn., July 09, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN) today announced a cash dividend amount of $874.72 per share on FHNs 4.70% Non-Cumulative Perpetual Preferred Stock, Series F ("Series F Preferred Stock") which was issued on May 3, 2021.
  • This equates to a cash dividend of $0.218680 per Depositary Share (NYSE: FHN PRF), which each represent a 1/4,000th interest in a share of Series F Preferred Stock.
  • This is a correction to FHNs June 14 dividend announcement, in which the dividend rate was announced correctly, but the dollar amount was not.
  • The dividend is payable on July 12, 2021 to shareholders of record at the close of business on June 30, 2021.

First Horizon Releases 2020 Corporate Social Responsibility Report Highlighting Significant Commitment to Environmental, Social and Governance Efforts

Retrieved on: 
Wednesday, July 7, 2021

MEMPHIS, Tenn., July 07, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN) (First Horizon) released its 2020 Corporate Social Responsibility Report (CSR) highlighting the merger of equals with IBERIABANK Corporation and its continued commitment to Environmental, Social and Governance (ESG) efforts.

Key Points: 
  • MEMPHIS, Tenn., July 07, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN) (First Horizon) released its 2020 Corporate Social Responsibility Report (CSR) highlighting the merger of equals with IBERIABANK Corporation and its continued commitment to Environmental, Social and Governance (ESG) efforts.
  • Lakey has been with the bank (legacy IBERIABANK) for over 10 years, serving in various roles including energy capital markets, corporate responsibility efforts and investor relations.
  • Dr. Anthony C. Hood named as Chief Diversity, Equity and Inclusion Officer in October 2020, strengthening the company-wide focus on DEI matters.
  • 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.

THE NATIONAL CIVIL RIGHTS MUSEUM SELECTS RUSSELL WIGGINTON AS NEW PRESIDENT

Retrieved on: 
Thursday, July 1, 2021

Memphis, TN, July 01, 2021 (GLOBE NEWSWIRE) -- After a five-month national search, the National Civil Rights Museum has named Dr. Russell Wigginton as the museums next president.

Key Points: 
  • Memphis, TN, July 01, 2021 (GLOBE NEWSWIRE) -- After a five-month national search, the National Civil Rights Museum has named Dr. Russell Wigginton as the museums next president.
  • I am honored to be chosen to serve as the President of the National Civil Rights Museum, said Wigginton.
  • Wigginton succeeds Terri Lee Freeman as museum president and will resign his museum board post to assume his new leadership role.
  • The NATIONAL CIVIL RIGHTS MUSEUM, located at the historic Lorraine Motel where civil rights leader Dr. Martin Luther King, Jr. was assassinated, gives a comprehensive overview of the American Civil Rights Movement from slavery to the present.

First Horizon Corporation Announces Departure of Chief Financial Officer William Losch

Retrieved on: 
Wednesday, June 30, 2021

MEMPHIS, Tenn., June 30, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN or First Horizon) today announced that Chief Financial Officer William BJ Losch will be departing effective July 31, 2021, to pursue another opportunity at Live Oak Bancshares.

Key Points: 
  • MEMPHIS, Tenn., June 30, 2021 (GLOBE NEWSWIRE) -- First Horizon Corporation (NYSE: FHN or First Horizon) today announced that Chief Financial Officer William BJ Losch will be departing effective July 31, 2021, to pursue another opportunity at Live Oak Bancshares.
  • Chief Operating Officer Anthony Restel will serve as interim CFO following Loschs departure until a permanent successor is named.
  • I am pleased to have Anthony, former IBERIABANK Chief Financial Officer, serve as our CFO on an interim basis while we conduct a thorough search.
  • Restel currently serves as Chief Operating Officer for First Horizon, responsible for strategic initiatives, information technology, corporate operations, business transformation and corporate security.

First Horizon Announces Results of its 2021 Company-Run Stress Test

Retrieved on: 
Monday, June 28, 2021

These results include a $0.15 quarterly common stock dividend throughout the nine-quarter forecast horizon.

Key Points: 
  • These results include a $0.15 quarterly common stock dividend throughout the nine-quarter forecast horizon.
  • First Horizons commercially-oriented portfolio stressed loss rate of 3.1% was 280 basis points below the Federal Reserve published median CCAR-bank result.
  • The Companys stress test utilized Current Expected Credit Loss-based models for allowance and credit losses and reflected total cumulative losses of $1.7 billion.
  • For more information, please see First Horizons 2021 stress test disclosure at https://ir.fhnc.com/investor-relations/news-and-events/stress-testing-re....

AutoZone Announces Senior Vice President Promotions

Retrieved on: 
Friday, June 25, 2021

MEMPHIS, Tenn., June 25, 2021 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announces two Senior Vice President promotions.

Key Points: 
  • MEMPHIS, Tenn., June 25, 2021 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), today announces two Senior Vice President promotions.
  • Dennis Leriche, Vice President, Stores, has been promoted to Senior Vice President, Store Operations and Grant McGee, Vice President, Stores, has been promoted to Senior Vice President, Commercial.
  • Dennis and Grant will join the Companys Executive Committee and report to Preston Frazer, Executive Vice President, Store Operations, Commercial and Loss Prevention.
  • AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories inthe United States.