BNET Industries

Market Cap:$2.9B
Last Fiscal Year Sales:$3.1B
  • Public
  • US
Dow Jones Description

From horizon to horizon, here is the answer for banking needs. Founded in 1864 and headquartered in Memphis, TN, First Horizon National Corporation (NYSE: FHN) engages in banking through its subsidiaries. The company offers deposits, lending, financial planning, asset management, credit card merchant processing, check clearing, investing, equity research, and other services. It has several subsidiaries: First Horizon, First Tennessee Bank, FTN Financial. It operates in about 48 states. The company has annual revenue of about $1.8 billion and employs about 13,000 people. In 2006, it sold its merchant transaction processing business to NOVA Information Systems. In 2006 the company was awarded its ninth straight spot on FORTUNE magazine's list of the 100 Best Companies to Work For.

Chief Investor Relations Officer
Dave Miller
Number of Employees 6,266
Contact Information

165 Madison Ave

PO Box 84

Memphis, Tennessee 38103-2723

www.firsthorizo...

(901) 523-4444

NAICS Code Commercial Banking: 522110

Recent Events

  • 1st Tennessee Reports 3Q Losses

    10/22/09 - Financial Announcement - View Story

  • AnalystChoice.com Initiates Research on BBL, FHN, MAT, GGB, MIR and FST

    10/20/09 - Bond / Stock Rating - View Story

  • FBR Capital Markets and Co. reiterates First Horizon National at 'market perform'

    10/19/09 - Bond / Stock Rating - View Story

  • BRIEF-Morgan Stanley upgrades Associated Banc Corp, TCF Financial

    10/08/09 - Bond / Stock Rating - View Story

  • First Horizon cuts 3Q loss; loan-loss outlays dip

    10/16/09 - Financial Announcement - View Story

  • Wells Fargo Initiates Coverage on First Horizon National FHN with a Market Perform; Valuation Improved...

    9/22/09 - Bond / Stock Rating - View Story

  • Management shake-up at First Tennessee

    8/29/09 - Financial Announcement - View Story

  • Ex-SunTrust CEO joins First TN: New structure means executives to manage business across state

    8/28/09 - Mgmt. Change Entering - Other - View Story

  • First Horizon Agreed To Acquire Sandlin Insurance FHN

    8/27/09 - Merger / Acquisition - View Story

  • Fox-Pitt Kelton Cochran LLC maintains First Horizon National at 'outperform'

    8/26/09 - Bond / Stock Rating - View Story

  • FIG Partners LLC maintains First Horizon National at 'market-perform'

    8/19/09 - Bond / Stock Rating - View Story

  • Lexus to Promote Hybrid Cars in Memphis

    7/18/09 - Financial Announcement - View Story

News & Analysis

first horizon national corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dave Miller Chief Investor Relations Officer
J Greg Olivier Executive Vice President and Chief Credit Officer
James F. Keen Executive Vice President & Chief Accounting Officer
James Gregory Olivier Executive Vice President & Chief Credit Officer
Tom Baker Chief Procurement Officer
William C. Losch III Chief Financial Officer & Executive Vice President
Charles T. Tuggle Jr. Executive Vice President & General Counsel
Herb H. Hilliard Executive Vice President, Risk Management
John M. Daniel Executive Vice President, Human Resources
Marion L. McDougall Executive Vice President Enterprise Operations and Technology
Paul Harless Executive Vice President, Bank Marketing & Strategy
T Jr Charles Executive Vice President and General Counsel
Thomas C. Adams Jr. Corporate Treasurer & Executive Vice President, Funds Management
Anthony Hicks Media Relations Manager
Bruce Livesay
Clyde A. Billings Jr. Senior Vice President & Corporate Secretary
Dan Marks
Ean Colley
Kim Cherry Senior Vice President of Corporate Communications
Patricia Windland
Rhomes Aur
Tina Reisedge
Michael D. Rose Member of Credit Policy & Executive Committee

Board of Directors

Name (plus bio) Position
Colin V. Reed Board of Directors
D. Bryan Jordan Board of Directors
James A. Haslam III Board of Directors
Lane Spring Meade Board of Directors
Luke Yancy III Board of Directors
Mark A. Emkes Board of Directors
Mary F. Sammons Board of Directors
R. Brad Martin Board of Directors
Robert B. Carter Board of Directors
Robert C. Blattberg Board of Directors
Simon F. Cooper Board of Directors
Vicki R. Palmer Board of Directors
William B. Sansom Board of Directors

Organization Position Status
First Horizon National Corporation Chief Investor Relations Officer Current

Organization Position Status
First Horizon National Corporation Executive Vice President and Chief Credit Officer Current

Mr. Keen was Corporate Controller of the Corporation from 1988 until July 2008, and of the Bank from 2001 until July 2008. In that capacity Mr. Keen was the Corporation’s principal accounting officer.

Organization Position Status
First Horizon National Corporation Executive Vice President & Chief Accounting Officer Current
First Tennessee Bank NA Controller & Executive Vice President Current
First Horizon National Corporation Corporate Controller Former
First Horizon National Corporation Principal Accounting Officer Former

From December 2003 to June 2007, Mr. Olivier held the position of Executive Vice President – Credit Risk Manager for the Corporation and Bank. Prior to that time he served as Senior Vice President and Wholesale Credit Products Manager for Wachovia Corp.

Organization Position Status
First Horizon National Corporation Executive Vice President & Chief Credit Officer Current

Organization Position Status
First Horizon National Corporation Chief Procurement Officer Current

From 1998 to January 2009, Mr. Losch was with Wachovia Corporation. Most recently he served as Senior Vice President and Chief Financial Officer of its Retail and Small Business Banking unit from 2003 to 2005, and as Senior Vice President and Chief Financial Officer of its General Bank unit from 2006 to January 2009.

Organization Position Status
First Horizon National Corporation Chief Financial Officer & Executive Vice President Current

From October 2003 to 2007 Mr. Tuggle was an Executive Vice President of the Bank’s FTN Financial division; during that time prior to 2007 Mr. Tuggle served as Chief Risk Officer of FTN Financial. From 1998 to October 2003 Mr. Tuggle was Chairman and Chief Executive Officer of the law firm Baker, Donelson, Bearman, Caldwell & Berkowitz, PC.

Organization Position Status
First Horizon National Corporation Executive Vice President & General Counsel Current

Organization Position Status
First Horizon National Corporation Executive Vice President, Risk Management Current

From September 2006 until July 2008, Mr. Daniel was Executive Vice President – Employee Services of the Corporation and the Bank. From January 2001 to September 2006, Mr. Daniel was Executive Vice President in charge of Human Resources for Regions Financial Corporation.

Organization Position Status
First Horizon National Corporation Executive Vice President, Human Resources Current
Regions Mortgage Inc. Director, HR Current
Regions Bank Director Current
Regions Financial Corporation Executive Vice President Former
Regions Financial Corporation Director of Human Resources Former

Organization Position Status
First Horizon National Corporation Executive Vice President Enterprise Operations and Technology Current

Organization Position Status
First Horizon National Corporation Executive Vice President, Bank Marketing & Strategy Current
First Tennessee Bank NA Executive Vice President, Marketing Former

Organization Position Status
First Horizon National Corporation Executive Vice President and General Counsel Current

Organization Position Status
First Horizon National Corporation Corporate Treasurer & Executive Vice President, Funds Management Current

Organization Position Status
First Horizon National Corporation Media Relations Manager Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
First Horizon National Corporation Senior Vice President & Corporate Secretary Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
First Horizon National Corporation Senior Vice President of Corporate Communications Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
First Horizon National Corporation Current

Organization Position Status
Nashville.Com Chief Executive Officer Current
Nashville.Com President Current
Nashville.Com Chairman of The Board Current
First Horizon National Corporation Board of Directors Current
First Horizon National Corporation Committee Chair for Compensation Committee Former

D. BRYAN JORDAN is President and Chief Executive Officer and a director of First Horizon National Corporation ("First Horizon") and First Tennessee Bank National Association ("First Tennessee Bank"). Prior to September 1, 2008, Mr. Jordan was Chief Financial Officer of First Horizon and First Tennessee Bank. From 2000 to May 1, 2007, he was Senior Executive Vice President and Chief Financial Officer of Regions Financial Corporation and its subsidiary Regions Bank.

Organization Position Status
First Horizon National Corporation Board of Directors Current
First Horizon National Corporation Member of Credit Policy & Executive Committee Current
First Horizon National Corporation President & Chief Executive Officer Former

Mr. Haslam has been President and Chief Executive Officer of Pilot Travel Centers, LLC, a nationwide operator of travel centers, since September 2001. Mr. Haslam served as Chief Executive Officer of Pilot Corporation, an operator of convenience stores and travel centers in 36 states, from July 1995 to September 2001. From 1976 to 1995, Mr. Haslam was Executive Vice President of Pilot Corporation. Mr. Haslam also serves as a director of First Horizon National Corporation and Dillard's Inc.

Organization Position Status
Ruby Tuesday Inc. Board of Directors Current
First Horizon National Corporation Board of Directors Current

Organization Position Status
First Horizon National Corporation Board of Directors Current

Organization Position Status
First Horizon National Corporation Board of Directors Current
AmSouth Bank President Former

Organization Position Status
Firestone Agricultural Division CEO Current
Bridgestone Corporation Director Current
First Horizon National Corporation Board of Directors Current
Bridgestone Americas Holding, Inc. Chief Executive Officer Former
Bridgestone Corporation Chief Executive Officer Former
Bridgestone Americas Holding, Inc. Chairman Former
Bridgestone Corporation Chairman Former

Organization Position Status
First Horizon National Corporation Board of Directors Current

Organization Position Status
Harrah's Entertainment, Inc. Committee Member Current
Resortquest Real Estate Chairman of the Board of Saks Incorporated Current
Torian Plum Chairman, Rbm Venture Company Current
First Horizon National Corporation Board of Directors Current
Lululemon Board of Directors Current
Saks Incorporated Chief Executive Officer Former
The Economic Club of Memphis Chairman of the Board of Retailer, Saks Incorporated Former
First Horizon National Corporation Chair Former
Luvonia Chairman, Rbm Venture Company Former
Saks Incorporated Board Director Former
Vanderbilt University M.B.A. Former
Owen Graduate School of Management MBA degree Former
University of Memphis B.S. In Political Science Former

ROBERT B. CARTER is Executive Vice President — FedEx Information Services and Chief Information Officer of FedEx Corporation ("FedEx"), a provider of transportation, e-commerce and business services. He was Executive Vice President and Chief Information Officer of FedEx from June 2000 to January 2007. Mr. Carter serves as a director of one other public company, Saks Incorporated. He was elected as a director of First Horizon in July 2007.

Organization Position Status
First Horizon National Corporation Board of Directors Current

Organization Position Status
First Horizon National Corporation Board of Directors Current

Organization Position Status
The Ritz-Carlton Hotel Company, L.L.C. President & Chief Operating Officer Current
Marriott International, Inc. President and Chief Operating Officer The Ritz-Carlton Hotel Company, L.L.C. Current
First Horizon National Corporation Board of Directors Current
First Horizon National Corporation President and Chief Operating Officer of The Ritz, Carlton Hotel Company, L.L.C. Former
Maryland.Com President Former
Maryland.Com Executive Officer Former

VICKI R. PALMER is Executive Vice President, Financial Services and Administration, Coca-Cola Enterprises Inc. ("CCE"), Atlanta, Georgia, a bottler of soft drink products. Until January 2004, Ms. Palmer served as Corporate Senior Vice President, Treasurer, and Special Assistant to the CEO of CCE. Ms. Palmer is a director of one other public company, Haverty Furniture Companies, Inc. She has been a director since 1993.

Organization Position Status
First Horizon National Corporation Board of Directors Current
Woodward Academy Board of Directors Current
Haverty Furniture Companies, Inc. Board of Directors Current
Spelman College Board of Directors Current
Coca-Cola Enterprises Inc. Special Assistant To the CEO Former
Coca-Cola Enterprises Inc. Executive Vice President, Financial Services & Administration Former
Spelman College trustee Former
Coca-Cola Enterprises Inc. Special Assistant Former
First Horizon National Corporation Committee Chair for Audit Committee Former
Coca-Cola Enterprises Inc. Treasurer Former

Organization Position Status
The H.T. Hackney Company Chief Executive Officer Current
Tennessee Valley Authority Board Chairman Current
The H.T. Hackney Company Chairman Current
Tennessee Valley Authority Director Current
Astec Industries, Inc. Board of Directors Current
First Horizon National Corporation Board of Directors Current
First Horizon National Corporation Chairman of The Board and Chief Executive Officer of The H. T. Hackney Co., Knoxville, Tennessee Former
Martin Marietta Materials, Inc. Board of Directors Former

Organization Position Status
Homewood Suites Operator Current
Hampton Inn & Suites Operator Current
Hampton Inn Operator Current
Gaylord Entertainment Company Chairman Current
Darden Restaurants, Inc. Chairman of The, Executive Committee, Gaylord Entertainment Current
Promus Hotel Corporation Chairman Current
Gaylord Entertainment Company Board of Directors Current
Council Ventures, LP Board of Directors Current
Gen Mills, Inc. Director Current
University of Memphis Board of Directors Current
Darden Restaurants, Inc. Director Current
FelCor Lodging Trust Incorporated Board of Directors Current
First Horizon National Corporation Member of Credit Policy & Executive Committee Current
Holiday Inns President Former
Holiday Inns Attorney Former
Harrah's Entertainment, Inc. Chairman Former
First Horizon National Corporation Chairman Former
Stein Mart, Inc. Board of Directors Former
First Horizon National Corporation Board of Directors Former
Harvard Law School Law Degree Former
University of Cincinnati Bachelor's Degree In Business Former

Executive News

  • Citrix Enhances Market Leading HDX Technology for High-Definition...

    MSN Money - 8/31/09 - View Story

  • Citrix Enhances Market Leading HDX Technology for High-Definition Virtual Desktops

    Business Wire - 8/31/09 - View Story

  • First Tennessee Redesigns Web Site to Make Customers Feel At Home

    Reuters - 8/25/09 - View Story

  • Coca-Cola Enterprises Inc. Establishes The Vicki R. Palmer Scholarship Program

    Business Wire - 8/24/09 - View Story

  • Coke Enterprises begins scholarship at Spelman

    Atlanta Business Chronicle - 8/24/09 - View Story

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     FHN $13.41 +0.29 (2.21% )
Average Volume 2,901,240
Shares Outstanding 218.65M
Market Cap 2.9B
Year High 14.82
Year Low 6.95
Earnings Per Share -1.50
P/E Ratio -8.94
Dividend 0.80
Yield 5.97
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