First Horizon Bank makes key hires in the Piedmont Triad Market

Rhea-AI Summary

First Horizon Bank announced the appointment of Todd Williams as Market President for the Piedmont Triad and Ben Shoemake for the Greensboro/High Point market. These strategic hires are part of the bank's commitment to enhance its presence in the region. Williams, with over 20 years in commercial lending, previously served as Triad Market Executive at Atlantic Union Bank. Shoemake brings significant experience from First Citizens Bank. The bank operates 24 locations and holds $2 billion in deposits in the Piedmont Triad, aiming for localized decision-making and leadership.

Positive

• Strategic hires of experienced market leaders, Williams and Shoemake, are expected to strengthen regional presence.
• First Horizon operates 24 banking centers with $2 billion in deposits, indicating robust local engagement.
• The merger with IBERIABANK enhances the company's footprint in North Carolina, improving service capabilities.

Negative

• None.

WINSTON SALEM, N.C., Nov. 4, 2021 /PRNewswire/ -- First Horizon Bank today announced two executive hires in the Piedmont Triad. Todd Williams has been named Market President for the entire Piedmont Triad region. Ben Shoemake joined the company as Market President for the Greensboro/High Point market. These hires demonstrate the organization's commitment to growth in the Triad region.

Williams and Shoemake will lead teams of commercial, private client and business banking relationship managers and will be responsible for the client acquisition strategy for their respective markets.

Williams has more than 20 years of commercial lending and banking experience having worked at Wachovia, BB&T and Fifth Third. Most recently, Williams served as the Triad Market Executive for Atlantic Union Bank. A North Carolina native, Williams graduated from North Carolina State University and has worked in the market for nearly a decade.

Shoemake was most recently at First Citizens Bank and brings more than 20 years of banking experience to the team. A graduate of Appalachian State University, Shoemake has been in the Greensboro market since 2016. Shoemake will report to Williams and will be based out of the IBERIABANK/First Horizon Greensboro office on Westover Terrace.

"Todd and Ben are excellent additions to our growing presence in the Piedmont Triad", Richard Shaffer, Regional President at First Horizon said. "Together with our current team of veteran financial professionals, we will continue to provide a best-in-class experience to our clients and community for this strategically important market."

First Horizon/IBERIABANK has 24 banking center locations and $2 billion in deposits in the Piedmont Triad. IBERIABANK and First Horizon recently merged and will soon operate as First Horizon in North Carolina and other markets across the U.S. With local decision-making and leadership found throughout the footprint, the Company focuses on providing a high-quality banking experience.

About First Horizon Bank 
First Horizon Corp. (NYSE: FHN), with $88.4 billion in assets as of September 30, 2021, is a leading regional financial services company, dedicated to strengthening the lives of our associates, clients, shareholders, and communities. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

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SOURCE First Horizon Corporation

FAQ

Who are the new executives at First Horizon Bank?

Todd Williams is the new Market President for the Piedmont Triad, and Ben Shoemake is the Market President for Greensboro/High Point.

What is the experience of Todd Williams?

Todd Williams has over 20 years of commercial lending experience, previously serving at Atlantic Union Bank.

What changes are expected in the Piedmont Triad market due to these hires?

The new leadership aims to enhance client acquisition and strengthen First Horizon's market presence in the Piedmont Triad.

How many banking centers does First Horizon have in the Piedmont Triad?

First Horizon has 24 banking center locations in the Piedmont Triad.

What was the financial status of First Horizon as of September 30, 2021?

First Horizon had $88.4 billion in assets as of September 30, 2021.