Regions Financial Corp. Directors Carolyn H. Byrd & John E. Maupin Jr. Recognized on the 2017 Black Enterprise Registry of Co...
September 18 2017 - 9:00AM
Business Wire
Regions Financial directors Carolyn H. Byrd and John E. Maupin
Jr. have been included on the 2017 Black Enterprise Registry of
Corporate Directors, an exclusive roster of African Americans who
serve on the boards of directors among the nation’s 500 largest
publicly-traded companies. They are recognized in the July/August
2017 issue of Black Enterprise magazine for their achievements and
contributions.
“Strong corporate governance is the foundation of sustainable
business and a diverse board brings skills, experience, and
expertise that reflects the communities we serve,” said Grayson
Hall, chairman, president and CEO of Regions Financial. “I extend
my sincere congratulations to Carolyn and John on this recognition.
They bring a wealth of knowledge, insight and expertise to their
roles, and we are fortunate to have individuals of their caliber
serving on the Regions board.”
Regions continues to be recognized for its corporate governance
practices, including efforts to strengthen board diversity. Today
Regions’ board is 36 percent diverse based on gender, race,
ethnicity, or sexual orientation. In 2016 Directors Byrd and Maupin
were named to Savoy magazine’s “Power 300: 2016 Most Influential
Black Corporate Directors.” Additionally, Regions was recognized in
2016 as a 2020 Women on Boards Winning “W” Company, a designation
assigned to public and private companies whose boards are comprised
of 20 percent or more women.
“I join Grayson in congratulating Carolyn and John on this
honor, and appreciate their many contributions to the Regions
board,” said Charles McCrary, Lead Independent Director and
Chair of the Nominating and Corporate Governance
Committee. “Diversity and inclusion are essential to achieving
and maintaining a thriving company, and the board seeks to maintain
a diverse membership that reflect a range of talents, ages, skills,
backgrounds, and expertise, as part of our overall commitment to
strong corporate governance.”
Regions is committed to continuously strengthening corporate
governance practices. Over the past 18 months, the board has
adopted proxy access, appointed three new independent directors;
further expanded the responsibilities of the Lead Independent
Director; enhanced the board’s self-evaluation program; assigned
oversight of environmental stewardship and corporate social
responsibility to the board’s Nominating and Corporate Governance
Committee; enhanced director recruitment criteria; and appointed a
Chief Governance Officer.
Biographical Information:
Carolyn Byrd joined the Regions Board of Directors in 2010 and
chairs the Audit Committee. Byrd is the chairman and chief
executive officer for GlobalTech Financial, LLC in Atlanta,
Georgia, which she founded in 2000. Byrd serves on the board for
Federal Home Loan Mortgage Corporation (Freddie Mac). Prior to
forming GlobalTech in 2000, Byrd had a long career with The
Coca-Cola Company. Prior to that, Byrd served as Senior Account
Officer with Citibank, N.A.
John E. Maupin Jr. joined the Regions Board of Directors in 2007
and is a member of the Audit Committee and the Nominating and
Corporate Governance Committee. Dr. Maupin is the former president
of Morehouse School of Medicine in Atlanta, GA and Meharry Medical
College in Nashville, TN. He serves as Chair of the Regions
Community Development Corporation, Regions’ nonprofit corporation
dedicated to providing technical assistance for affordable housing,
small business and community development initiatives. In addition,
Dr. Maupin serves on the boards of LifePoint Health, Inc.; the
Variable Annuity Life Insurance Companies I and II, a mutual fund
complex for American International Group, Inc., group retirement
plans; and HealthSouth Corp. Dr. Maupin retired from the United
States Army Dental Corps, Active Reserves in 1997 with the rank of
lieutenant colonel.
About Black Enterprise
Black Enterprise, your ultimate source to build Wealth for
Life, is the premier business, investing, and wealth-building
resource for African Americans. Since 1970, BE has
provided essential business information and advice to
professionals, corporate executives, entrepreneurs, and decision
makers. Every month, Black Enterprise magazine provides 6
million readers with information on entrepreneurship, careers, and
financial management. A multimedia company, BE also
produces television programming, business and lifestyle events, Web
content, and digital media.
Visit www.blackenterprise.com for more information.
About Regions Financial Corporation
Regions Financial Corporation (NYSE: RF), with $125 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, mortgage, and insurance products and
services. Regions serves customers across the South, Midwest and
Texas, and through its subsidiary, Regions Bank, operates
approximately 1,500 banking offices and 1,900 ATMs. Additional
information about Regions and its full line of products and
services can be found at www.regions.com.
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Regions BankEvelyn Mitchell,
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