MEMPHIS,
Tenn., Oct. 1, 2024 /PRNewswire/ -- First Horizon
Corp. (NYSE: FHN or "First Horizon") is pleased to announce two of
its leaders have been named American Banker's Most Powerful Women
in Banking. This year Chief Financial Officer Hope Dmuchowski
and Chief Operating Officer Tammy
LoCascio are among the honorees. The annual list recognizes
extraordinary accomplishments of female executives in banking and
finance.
Among many notable accomplishments in 2023, Dmuchowski rose to
the challenge following the termination of a $13B merger agreement during a tumultuous
operating environment. She led efforts to reengage with investors
to reiterate the company's position of strength, stability and
ability to achieve business momentum. Within 30 days, the team
hosted numerous client and investor meetings and held an Investor
Day contributing to a stock price rebound of more than 45% and an
increase in deposits of 4% in 45 days of which 90% were retained
through the year. Dmuchowski is passionate about creating
environments and opportunities for women to advance and inspires
young leaders through her mentorship and volunteer efforts. She
will lead a panel discussion at this year's Most Powerful Women in
Banking Conference.
Charged with the responsibility of advancing the company's
technological capabilities and operational effectiveness, LoCascio
and her team created a transformational technology strategy in
2023, deploying an additional $100
million to accelerate technological capabilities. The
investments in emerging technology have created tangible,
economical value for the company and have measurably enhanced how
the bank conducts business. Under her leadership, the company also
increased its minimum wage multiple times and implemented a program
in which every associate participates in an incentive or bonus
program tying their contribution to the company's performance. She
is passionate about supporting women in the workplace through
leadership and development programs as well as ensuring all women
have access to affordable health insurance options.
"Hope and Tammy are exceptional leaders and are committed to
excellence, innovation and empowering others to reach their full
potential," said Bryan Jordan,
Chairman, President and CEO of First Horizon. "We greatly
appreciate their contributions to our company and our community and
are proud of their recognition among such a prestigious group of
industry leaders."
American Banker's The Most Powerful Women in Banking™ initiative
recognizes individuals and teams for demonstrating exceptional
leadership skills, strong business performance and a commitment to
driving real outcomes for diversity, equity and inclusion in
financial services.
"This year's rankings feature longtime honorees ascending to new
heights, showcasing the advancement that this program has
celebrated for over two decades," says Chana Schoenberger, Editor-in-Chief of
American Banker. "We're also welcoming newcomers, which
proves that with perseverance comes progress. It hasn't been an
easy year for banks and financial institutions, but progress
continues — not by chance, but through the determined efforts of
these women."
About First Horizon
First Horizon Corp.
(NYSE: FHN), with $82.2
billion in assets as of June 30, 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.
About American Banker
American Banker
empowers banking professionals with unique analysis and
insight into the ideas transforming their business and industry.
Across its journalism, events, research and benchmarking, it helps
drive the way forward through the complexity of business
innovation, retail and commercial disruption, technology,
regulation, and reform. With a banking community 850K strong, American
Banker's transformative content connects leaders online,
in person and in print every day.
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SOURCE First Horizon Corporation