First Horizon National Corp. Adds FedEx's Robert B. Carter to Board
Posted on: Wednesday, 18 July 2007, 18:26 CDT
MEMPHIS, Tenn., July 18, 2007 (PRIME NEWSWIRE) -- Robert B. Carter, executive vice president of FedEx Information Services and chief information officer of FedEx Corp., has been elected to the board of First Horizon National Corp. (NYSE:FHN). Carter, who is also a member of FedEx's executive committee, will also be included in the class of directors to be voted on by shareholders at First Horizon's annual meeting in April 2008.
FedEx is a provider of transportation, e-commerce and business services. Carter joined FedEx as a managing director in systems development in April 1993. He is also a director of Saks Inc., a retailer operating luxury, specialty and traditional department stores.
"Rob will bring a board-level perspective to our continuing effort to focus on efficient, effective investment in technology, which is so important to the financial services industry," said Jerry Baker, First Horizon CEO. "FedEx is a leader in creative, customer-valued uses of technology, and we're pleased that he will bring that perspective to First Horizon."
About First Horizon
The 12,000 employees of First Horizon National Corp. (NYSE: FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:
* Capital markets, one of the nation's top underwriters of U.S. government agency securities * Mortgage banking, one of the nation's top mortgage originators and recipient of consecutive awards for servicing excellence from Fannie Mae and Freddie Mac * Retail/commercial banking, with the largest market share in Tennessee and one of the highest customer retention rates of any bank in the country
FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by CRO magazine. More information can be found at www.fhnc.com.
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This news release was distributed by PrimeNewswire, www.primenewswire.com
CONTACT: FedEx Corporation Robert Carter (901) 818-7400 First Horizon National Corp. Jerry Baker (901) 523-4407
Source: PrimeNewswire
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