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An announcement from First Horizon ( (FHN) ) is now available.
On January 27, 2025, First Horizon Corporation’s Board elected Jeffrey J. Brown as a new director, effective immediately. Mr. Brown, with extensive leadership experience in the financial sector, is expected to bring valuable insights to the company, having served in prominent roles at Ally Financial Inc. and Bank of America. His election is part of a broader board restructuring, including the retirement of Harry V. Barton, Jr., and an amendment to the Bylaws increasing the board’s size temporarily to fourteen members. These changes reflect First Horizon’s strategic efforts to strengthen its leadership and governance as it prepares for its 2025 annual meeting.
More about First Horizon
First Horizon Corporation operates in the financial services industry, primarily through its subsidiary, First Horizon Bank. The company engages in lending transactions and other banking or financial services, focusing on executive officers, directors, nominees, their immediate family members, and affiliated entities. It aims to provide services on terms comparable to those available to non-related entities, maintaining standard risk assessments and conditions.
YTD Price Performance: 7.50%
Average Trading Volume: 6,273,945
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.16B
See more insights into FHN stock on TipRanks’ Stock Analysis page.
