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First Horizon Appoints GE Veteran, Franchise Finance Head to Executive Post

November 05, 2018, 07:25 AM

First Horizon National Corporation announced executive leadership appointments and a realignment of its consumer and wholesale banking segments to advance its long-term strategic objectives. Todd Jones, previously Managing Director and Group Head of Franchise Finance, has been appointed as Executive Vice President of Wholesale Banking and will report directly to David Popwell, President of Banking for First Horizon. In this newly created role, Jones will be responsible for serving commercial and business banking customers with oversight of treasury management, commercial real estate, corporate finance, syndications and the specialty lending areas. Additionally, Jones will serve as a member of First Horizon’s executive management committee.

Jones brings more than 22 years of experience in the financial services industry. He joined First Horizon in 2016 to lead a newly created franchise finance vertical following the acquisition of a restaurant loan portfolio from GE Capital. Under his leadership, the franchise finance team has been established as one of the premier firms in their sector, growing customers and commitments.

Before joining First Horizon, Jones spent 16 years in various capacities at GE Capital. His experience includes roles of increasing responsibility in capital markets, sales, and marketing. He earned a bachelor’s degree in business with a major in accounting from the Carlson School of Management at the University of Minnesota.

Tammy LoCascio, executive vice president of consumer banking, will expand her role to include leadership responsibility for mortgage and consumer loan delivery, consumer products and business analytics. Prior to this announcement, LoCascio led retail, private client, wealth management, small business, mortgage and consumer loan delivery, call centers, consumer products and business analytics. Her expanded responsibilities are in addition to these areas of consumer banking. LoCascio will continue to report directly to David Popwell and serve as a member of the executive management committee.

LoCascio has served as Executive Vice President of consumer banking of First Horizon, delivered a strategy that transformed the consumer organization and doubled profitability twice in the last six years. Previously, LoCascio led First Horizon’s retail line of business working with the markets across the company to provide strategic direction as well as sales and operational support. Prior to joining First Horizon, she held several retail banking executive leadership roles including Mid-South Region Chief Administrative Officer at Regions Bank, director of retail banking at Union Planters Bank and training director and retail executive at National City Bank. LoCascio earned a bachelor’s degree in marketing and business administration from the University of Florida

“As we continue to successfully execute on our strategic priorities and drive growth, First Horizon is committed to ensuring our leadership and structure advances our objectives,” said David Popwell, president of banking for First Horizon. “These appointments and realignment streamline decision-making and position the bank to continue delivering operational excellence while enhancing the customer experience. Tammy and Todd bring incredible leadership, as well as enterprise expertise to the roles, having successfully guided the growth of our retail banking and franchise finance businesses. We are confident they will continue our momentum in consumer and wholesale banking and their new roles reflect the advancements we are driving across our organization.”

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