MEMPHIS, Tenn., Oct. 11, 2016 (GLOBE NEWSWIRE) -- Three members of the leadership team at First Tennessee Bank have been promoted. Billy Frank has been named president of the bank’s Mid-Atlantic region to succeed John Fox, who has been named chairman of the region. Richard Shaffer will succeed Frank as regional president of First Tennessee’s community banking group in Tennessee.
First Tennessee’s Mid-Atlantic region includes Greenville, Winston-Salem, Charlotte and Raleigh, N.C.; Richmond, Va.; Charleston, S.C.; and Jacksonville, Fla. As chairman of the region Fox, 63, will provide community leadership, mentoring, business development and leadership for early stages of the 2020 strategic plan for the region. Frank, 45, will provide long-term executive leadership of the Mid-Atlantic market that was founded 12 years ago and has grown from a single office in Winston-Salem to seven markets in four states.
Shaffer, 51, will provide executive leadership for the First Tennessee community bank presidents in the Tennessee communities of Cleveland, Columbia, Cookeville/Sparta, Greeneville, Jackson, Morristown/Dandridge and Sevier County. He previously managed commercial products for First Tennessee.
“At First Tennessee we have built our business on the strength of our relationships with our customers and our commitment to the communities we serve,” said David Popwell, president of banking for First Tennessee’s parent company, First Horizon National Corp. (NYSE:FHN). “The three leaders who earned these promotions have demonstrated exceptional leadership skills and will enhance our ability to attract, retain and develop the best bankers in the business throughout our markets. We are always proud when we are able to promote from within.”
About First Tennessee Bank
First Tennessee Bank is the largest bank headquartered in Tennessee. First Tennessee was founded during the Civil War in 1864 and has the 14th oldest national bank charter in the country and one of the highest customer retention rates of any bank in the country. The FTB Advisors wealth management group has 313 financial advisors and $27 billion in assets under administration. First Tennessee, FTN Financial and FTB Advisors are part of First Horizon National Corp. (NYSE:FHN), which has 4,300 employees. First Horizon has been recognized as one of the nation’s best employers by Working Mother and American Banker magazines. More information is available at www.FirstTennessee.com.
Source:First Horizon National Corporation