First Horizon honored as a top company for executive women
March 14 2018 - 4:15PM
First Horizon National Corp. (NYSE:FHN) has been named one of the
2018 Top Companies for Executive Women by the National Association
for Female Executives (NAFE). The recognition honors American
corporations where women have significant influence to make the
decisions that affect their company’s future and its bottom line.
This marks First Horizon’s seventh consecutive year on the list.
“I am proud to work for a company that consistently ranks as one
of the best in the nation for female executives,” said Tammy
LoCascio, executive vice president of consumer banking. “We are
dedicated to providing development and advancement opportunities
for all our employees, and we work hard to create an environment
that promotes diversity and inclusion.”
First Horizon Highlights
- Female leaders constitute more than 30 percent of First
Horizon’s Executive Management Committee
- More than 55 percent of First Horizon’s formal mentoring
program participants are women
- Women at First Horizon comprise 60 percent of the company’s
workforce
- First Horizon’s Women’s Initiative Employee Resource Group,
which is more than 15 years old, promotes the success of women in
our company and communities
Betty Spence, president of NAFE, says, “NAFE’s annual scrutiny
of women’s progress at American companies offers essential data
about the movement of women into top leadership in the private
sector. In this first year of having five NAFE Top Companies with
boards of 50% or more women, we point to a synergy between the
greater presence of women on the board and an increase in the
number of winning companies with women CEOs and with 50%-plus women
in the C-suite (10 companies).”
Subha V. Barry, senior vice president & managing director,
Working Mother Media, says, “NAFE’s Top Companies shows us what
progressive organizations are doing to ensure women’s advancement
into executive positions. This year, noting increased enrollment
and more companies with high scores, we decided to enlarge the list
by 10. Areas such as number of female CEOs and promotions at every
level illustrate improvement. However, while there is increased CEO
engagement in making sure women have the best chance to become
leaders, we also note there has also been a dip in key indicators
like top earners, which needs to be addressed.”
About First HorizonFirst Horizon National Corp.
(NYSE:FHN) provides financial services through its First Tennessee,
Capital Bank, FTB Advisors, and FTN Financial businesses. First
Horizon operates more than 350 bank locations across the southern
U.S. and 28 FTN Financial offices across the entire U.S. Our
banking subsidiary was founded in 1864 and has the 14th oldest
national bank charter in the country. Our First Tennessee and
Capital Bank brands have the largest deposit market share in
Tennessee and one of the highest customer retention rates of any
bank in the country. We have been ranked by American Banker as No.
5 among the Top 10 Most Reputable U.S. Banks. Our FTB Advisors
wealth management group has more than 300 financial advisors and
about $30 billion in assets under administration. FTN Financial is
a capital markets industry leader in fixed income sales, trading
and strategies for institutional customers in the U.S. and abroad.
We have been recognized as one of the nation’s best employers by
Working Mother and American Banker magazines and the National
Association for Female Executives. More information is available at
www.FirstHorizon.com.
About the MethodologyThe 2018 NAFE Top
Companies application includes some 200 questions on female
representation at all levels, especially the corporate officer and
profit-and-loss ranks. The vetting process includes tracking access
and usage of programs and policies that promote the advancement of
women as well as the training and accountability of managers in
relation to the number of women who advance. In order to be
eligible for the NAFE Top Companies survey, entrants must have a
minimum of 1,000 employees, two women on the Board of Directors and
be a public or private company. NAFE also separately names the Top
10 companies in the nonprofit sector.
About NAFEThe National Association for Female
Executives (NAFE), founded in 1972, serves 20,000 members
nationwide with networking, tools and solutions to strengthen and
grow their careers and businesses. Working Mother magazine
publishes the annual NAFE Top Companies list. NAFE.com provides
up-to-date information, a community for women in business, and
access to member benefits. NAFE is a division of Working Mother
Media, owned by the Bonnier
Corporation.
FHN-G
Contact: James Dowd (901) 523-4305
JEDowd@FirstTennessee.com
First Horizon (NYSE:FHN)
Historical Stock Chart
From Aug 2024 to Sep 2024
First Horizon (NYSE:FHN)
Historical Stock Chart
From Sep 2023 to Sep 2024