MEMPHIS,
Tenn., Jan. 28, 2025 /PRNewswire/ -- First
Horizon Corporation (NYSE: FHN or "First Horizon") today announced
the election of Jeffrey J.
Brown ("JB"), 52, to the First Horizon Corporation Board
of Directors and First Horizon Bank Board of Directors.
Brown is President of Hendrick Automotive Group, LLC,
responsible for the auto operations of the largest privately held
automotive group in the United
States, headquartered in Charlotte, North Carolina.
He retired as Chief Executive Officer of Ally Financial Inc. in
January 2024, after serving as Chief
Executive Officer and a member of the board of directors for nine
years. Since joining Ally in 2009, Brown held numerous leadership
positions, including President and CEO of Dealer Financial
Services, Executive Vice President of Finance and Corporate
Planning and Corporate Treasurer. Prior to joining Ally (then
GMAC), he served as Corporate Treasurer for Bank of America.
"JB's extensive expertise within the financial services sector,
combined with his leadership experience in a publicly traded
company, positions him as an invaluable asset to the Board and the
company as a whole," remarked Bryan
Jordan, Chairman, President and Chief Executive Officer of
First Horizon. "As a distinguished business leader in Charlotte, JB also brings connectivity and a
deep understanding of one of our key markets with tremendous growth
potential. We look forward to capitalizing on his insights as we
continue to build on our strong business momentum and execute on
our strategic priorities."
First Horizon Lead Director Colin
Reed added, "We are pleased to welcome JB to the First
Horizon Board of Directors. As head of the largest private company
within the highly competitive automotive sector, he has a keen
understanding of the priorities of a client-centric organization
and operating in evolving economic landscapes."
Brown received a bachelor's degree from Clemson University and an executive MBA from
Queens University in Charlotte. He serves on the board of the
Clemson University Foundation and, in
June 2024, completed his service as
the Board of Trustees chair of Queens
University. He is a member of the Charlotte Executive
Leadership Council and Executive Leadership Group of North Carolina. He currently serves on the
Charlotte Sports Board and is a member of the executive committee.
For four years, Brown also served as a member of the Federal
Advisory Council, including his role as President in 2021.
About First Horizon
First Horizon Corp. (NYSE: FHN), with $82.2 billion in assets as of December 31, 2024, 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
