First Horizon included in 2019 Bloomberg Gender-Equality Index
MEMPHIS, Tenn., Jan. 17, 2019 (GLOBE NEWSWIRE) -- First Horizon National Corporation (NYSE:FHN) today announced that it has been selected for the 2019 Bloomberg Gender-Equality Index (GEI). For the second year in a row, First Horizon is listed in the index, which recognizes companies from across the globe annually for their commitment to transparency in gender reporting and advancing women’s equality.
“We strive to create a culture where all have an equal opportunity to achieve their personal and career goals,” said John Daniel, executive vice president and chief human resources officer at First Horizon. “Inclusion in this index is proof that our intentional efforts to date have been effective. We want to continue to ensure that we are identifying and exploring every opportunity to help women succeed, whether they work in our organization or use our products and services.”
First Horizon’s strategic approach to diversity and inclusion focuses on the workforce, workplace culture and the marketplace.
Women at the company represent approximately:i
-- 60 percent of the overall workforce -- 76 percent of manager roles -- 36 percent in the top three levels in the organization -- 30 percent of Executive Management Committee
In the marketplace, First Horizon launched a five-year, $3.95 billion community benefits plan to drive community, economic and small business development, which includes devoting three to six percent of the bank’s supplier spending to minority-owned businesses.
“A culture of inclusion is built and maintained by having diverse talent and a customer base that is reflective of the communities we serve,” said Lynne Walker, executive vice president and director of affinity strategy at First Horizon. “Having an intentional focus and strategic plan aligned to our business contributes to First Horizon’s employee satisfaction, retention and customer loyalty in our markets across the Southeast.”
Founded in 1999, the Women’s Initiative Employee Resource Group has played a major role in helping First Horizon receive the GEI recognition. The Women’s Initiative helps members develop skills, demonstrate leadership, take on challenges and develop direct relationships with executives. The group has expanded to five chapters across the Company’s Southeastern footprint with more than 500 members.
Fortune Magazine and the National Association for Female Executives have also recognized First Horizon for its commitment to diversity and inclusion for women. To learn more about the company’s initiatives, visit https://www.firsttennessee.com/about/careers/diversity-and-inclusion.
The Bloomberg Gender-Equality Index (GEI) is the world’s only comprehensive investment-quality data source on gender equality. This year, 230 companies were recognized. For more information about the Bloomberg Gender Equality Index, please visit https://www.bloomberg.com/impact/impact/gender-equality-index/.
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 approximately 300 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 professionals and about $4.8 billion in assets under management. 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 American Banker magazine and the National Association for Female Executives. More information is available at www.FirstHorizon.com.
i Data is from First Horizon’s 2018 Corporate Social Responsibility Report.