MEMPHIS, Tenn., May 16, 2017 (GLOBE NEWSWIRE) -- First Tennessee Bank’s parent company, First Horizon National Corp. (NYSE:FHN), has been named one of the 25 Best Companies for Multicultural Women for 2017 by Working Mother magazine — an honor recognizing U.S. companies that create and use best practices in hiring, retaining and promoting women of multicultural backgrounds. First Horizon has earned a spot on Working Mother’s list of the 100 Best Companies for Working Mothers since 1995, but this is the company’s first year to make the list of best companies for multicultural women.
The 2017 Best Companies for Multicultural Women list will be featured in the June/July issue of Working Mother and posted on WorkingMother.com. The Working Mother Research Institute has conducted the study since 2003, tracking corporations’ progress in promoting multicultural women and evaluating their representation at every level of management and decision-making.
“As the daughter of a Hispanic mother, I am proud to work for a company that is dedicated to diversity and inclusion at every level,” said Linda Bacon, human resources compliance and risk director at First Tennessee Bank. “First Horizon has a long history of recruiting and retaining multicultural employees, and we are honored to be included on this distinguished list.”
Subha V. Barry, senior vice president and managing director for Working Mother Media, said, “Since its inception, the Best Companies for Multicultural Women has grown from just three qualifying companies to 25 winners who have created forward-thinking policies and initiatives that have grown the talent and expertise of multicultural women. We applaud our winners who create opportunity for multicultural women to be hired, trained and advanced in the workforce.”
Meredith Bodgas, editor-in-chief of Working Mother Media, said, “For the second year in a row, multicultural women make up 17 percent of the top fifth of earners at the Best Companies, which is significantly higher than their representation among corporate executives. This year’s report is a testament to both the leadership of the top companies and a reminder of the crucial work that still needs to be done to advance women of color in the workplace.”
About First Horizon
The 4,300 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through 170 First Tennessee Bank branches across Tennessee and the Southeast and 28 FTN Financial offices across the U.S. The company was founded during the Civil War in 1864 and has the 14th oldest national bank charter in the country. First Tennessee has the largest deposit market share in Tennessee and one of the highest customer retention rates of any bank in the country. FTN Financial is a capital markets industry leader in fixed income sales, trading and strategies for institutional customers in the U.S. and abroad. The First Tennessee Foundation and First Tennessee’s Community Development Fund provide $8 million each year to support nonprofit and community development organizations. First Horizon has been recognized as one of the nation's best employers by Working Mother and American Banker magazines and the National Association for Female Executives. The company has also earned national honors as a champion of diversity and a leader in technology innovation. More information is available at www.FirstHorizon.com.
About Working Mother
Working Mother Media (WMM), a division of Bonnier Corporation (bonnier.com), publishes Working Mother magazine and its companion website, workingmother.com. The Working Mother Research Institute (workingmother.com/wmri), the National Association for Female Executives (nafe.com) and Diversity Best Practices (diversitybestpractices.com) are also units within WMM. WMM’s mission is to serve as a champion of culture change. Working Mother magazine is the only national magazine for career-committed mothers.
Source:First Horizon National Corporation