First Horizon Management

Management criteria checks 2/4

First Horizon's CEO is D. Jordan, appointed in Sep 2008, has a tenure of 16.33 years. total yearly compensation is $13.04M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.25% of the company’s shares, worth €26.29M. The average tenure of the management team and the board of directors is 3.7 years and 6.6 years respectively.

Key information

D. Jordan

Chief executive officer

US$13.0m

Total compensation

CEO salary percentage	8.3%
CEO tenure	16.3yrs
CEO ownership	0.3%
Management average tenure	3.7yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has D. Jordan's remuneration changed compared to First Horizon's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$757m
Jun 30 2024	n/a	n/a	US$673m
Mar 31 2024	n/a	n/a	US$806m
Dec 31 2023	US$13m	US$1m	US$865m
Sep 30 2023	n/a	n/a	US$947m
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$924m
Dec 31 2022	US$7m	US$1m	US$868m
Sep 30 2022	n/a	n/a	US$829m
Jun 30 2022	n/a	n/a	US$795m
Mar 31 2022	n/a	n/a	US$924m
Dec 31 2021	US$8m	US$1m	US$962m
Sep 30 2021	n/a	n/a	US$977m
Jun 30 2021	n/a	n/a	US$1b
Mar 31 2021	n/a	n/a	US$1b
Dec 31 2020	US$6m	US$1m	US$822m
Sep 30 2020	n/a	n/a	US$705m
Jun 30 2020	n/a	n/a	US$291m
Mar 31 2020	n/a	n/a	US$348m
Dec 31 2019	US$6m	US$900k	US$435m
Sep 30 2019	n/a	n/a	US$414m
Jun 30 2019	n/a	n/a	US$575m
Mar 31 2019	n/a	n/a	US$547m
Dec 31 2018	US$4m	US$897k	US$539m

Compensation vs Market: D.'s total compensation ($USD13.04M) is above average for companies of similar size in the German market ($USD4.76M).

Compensation vs Earnings: D.'s compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

D. Jordan (62 yo)

16.3yrs

Tenure

US$13,043,041

Compensation

Mr. D. Bryan Jordan is Chairman of the Board, President & Chief Executive Officer of First Horizon Bank from July 01, 2022. Mr. Jordan was Chairman & CEO of First Horizon Bank from 2022. Before joining Fir...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
D. Jordan	Chairman	16.3yrs	US$13.04m	0.25% € 26.3m
Hope Dmuchowski	Senior EVP & CFO	3.2yrs	US$2.09m	0.00086% € 89.5k
Tammy LoCascio	Senior EVP & COO	3.2yrs	US$2.64m	0.023% € 2.4m
Anthony Restel	Chief Banking Officer	3.2yrs	US$2.75m	0.077% € 8.0m
Jeff Fleming	Executive VP	13yrs	no data	0.022% € 2.3m
Mohan Sankararaman	Executive VP & Chief Information Officer	2yrs	no data	no data
Natalie Flanders	Senior VP & Head of Investor Relations	1.7yrs	no data	no data
Charles Tuggle	Executive VP & General Counsel	17yrs	US$1.43m	no data
Elizabeth Ardoin	Senior EVP & Chief of Communications Officer	4.5yrs	no data	0.045% € 4.7m
Erin Pryor	Executive VP and Chief Marketing & Experience Officer	4.2yrs	no data	no data
Tanya Hart	Chief Human Resources Officer	3.2yrs	no data	0.0013% € 135.2k
Vernon Stafford	Senior EVP & Chief Audit Executive	11.5yrs	no data	no data

3.7yrs

Average Tenure

55yo

Average Age

Experienced Management: FT2's management team is considered experienced (3.7 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
D. Jordan	Chairman	16.3yrs	US$13.04m	0.25% € 26.3m
Vicki Palmer	Independent Director	32yrs	US$251.74k	0.018% € 1.9m
Colin Reed	Lead Independent Director	18.8yrs	US$274.90k	0.036% € 3.7m
Harry Barton	Independent Director	4.5yrs	US$243.17k	0.030% € 3.1m
Rick Maples	Independent Director	4.5yrs	US$241.63k	0.017% € 1.8m
John Compton	Independent Director	13.9yrs	US$220.10k	0.025% € 2.6m
Rosa Sugranes Arimany	Independent Director	4.5yrs	US$202.60k	0.0089% € 923.8k
Wendy Davidson	Independent Director	6yrs	US$220.67k	0.012% € 1.3m
Roger Taylor	Independent Director	7.2yrs	US$202.60k	0.11% € 11.9m
Cecelia Stewart	Independent Director	10.3yrs	US$198.85k	0.012% € 1.3m
Velia Carboni	Independent Director	1.3yrs	US$101.06k	no data
James Kemp	Independent Director	4.5yrs	US$202.60k	0.0075% € 778.2k

6.6yrs

Average Tenure

65yo

Average Age

Experienced Board: FT2's board of directors are considered experienced (6.6 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/02 16:29
End of Day Share Price	2025/01/02 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Horizon Corporation is covered by 41 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David George	Baird
Brennan Crowley	Baird
Jason Goldberg	Barclays

First Horizon Management

Management criteria checks 2/4

Key information

Recent management updates

First Horizon Corporation Announces Executive Changes

Insider recently sold €1.9m worth of stock

First Horizon Corp Announces Executive Changes

First Horizon Corporation Announces Executive Changes

First Horizon Corporation, Annual General Meeting, Apr 23, 2024

First Horizon Corporation and First Horizon Bank Announce Board Changes

Recent updates

First Horizon Corporation to Report Q4, 2024 Results on Jan 16, 2025

First Horizon Corporation Announces Executive Changes

Insider recently sold €1.9m worth of stock

Investor sentiment improves as stock rises 17%

Third quarter dividend of US$0.15 announced

First Horizon Corporation (NYSE:FHN) announces an Equity Buyback for $1,000 million worth of its shares.

First Horizon Corp Announces Executive Changes

Third quarter 2024 earnings released: EPS: US$0.40 (vs US$0.23 in 3Q 2023)

First Horizon Corporation to Report Q3, 2024 Results on Oct 16, 2024

Upcoming dividend of US$0.15 per share

Second quarter dividend of US$0.15 announced

First Horizon Corporation Declares Quarterly Cash Dividend, Payable on October 1, 2024

Second quarter 2024 earnings released: EPS: US$0.34 (vs US$0.59 in 2Q 2023)

First Horizon Corporation to Report Q2, 2024 Results on Jul 17, 2024

Upcoming dividend of US$0.15 per share

First quarter 2024 earnings released: EPS: US$0.33 (vs US$0.45 in 1Q 2023)

First quarter dividend of US$0.15 announced

First Horizon Corporation Declares Cash Dividends on Common Stock, Payable on July 1, 2024

First quarter 2024 earnings released: EPS: US$0.33 (vs US$0.45 in 1Q 2023)

First Horizon Corporation Reports Unaudited Net Charge-Offs Results for the First Quarter of 2024

First Horizon Corporation Announces Executive Changes

First Horizon Corporation to Report Q1, 2024 Results on Apr 17, 2024

Upcoming dividend of US$0.15 per share

Full year 2023 earnings released: EPS: US$1.58 (vs US$1.62 in FY 2022)

New major risk - Revenue and earnings growth

Fourth quarter dividend of US$0.15 announced

Investor sentiment improves as stock rises 16%

First Horizon Corporation, Annual General Meeting, Apr 23, 2024

First Horizon Corporation and First Horizon Bank Announce Board Changes

Full year 2023 earnings released: EPS: US$1.58 (vs US$1.62 in FY 2022)

First Horizon Corporation to Report Q4, 2023 Results on Jan 18, 2024

Upcoming dividend of US$0.15 per share at 4.5% yield

First Horizon Corp Elects Velia Carboni to its Board

First Horizon Corporation and First Horizon Bank Announces Retirement of E. Stewart Shea, III as Board of Director

New minor risk - Earnings quality

First Horizon Corporation to Report Q3, 2023 Results on Oct 18, 2023

Upcoming dividend of US$0.15 per share at 5.0% yield

Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.31 in 2Q 2022)

Levi & Korsinsky, LLP Notifies First Horizon Corporation Investors of A Class Action Lawsuit and Upcoming Deadline

First Horizon Corporation to Report Q2, 2023 Results on Jul 19, 2023

Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of First Horizon Corporation Investors

First Horizon Corporation Reports Net Charge-Offs for the First Quarter of 2023

The Toronto-Dominion Bank (TSX:TD) cancelled the acquisition of First Horizon Corporation (NYSE:FHN) from BlackRock, Inc. (NYSE:BLK), The Vanguard Group, Inc. and others.

Investor sentiment deteriorates as stock falls 43%

First quarter 2023 earnings released: EPS: US$0.45 (vs US$0.35 in 1Q 2022)

Investor sentiment deteriorates as stock falls 21%

Upcoming dividend of US$0.15 per share at 2.8% yield

First Horizon Corporation Declares Cash Dividend on Common Stock, Payable on April 3, 2023

Full year 2022 earnings released: EPS: US$1.62 (vs US$1.76 in FY 2021)

First Horizon Corporation to Report Q4, 2022 Results on Jan 18, 2023

Upcoming dividend of US$0.15 per share

Kenneth A. Burdick Intends to Resign from the Boards of Directors of First Horizon Corporation and of First Horizon Bank Effective on or Before January 1, 2023

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on January 3, 2023

Third quarter 2022 earnings released: EPS: US$0.48 (vs US$0.41 in 3Q 2021)

Upcoming dividend of US$0.15 per share

Knox Capital Management LLC acquired Lenders Title Company from First Horizon Corporation (NYSE:FHN).

First Horizon Corporation Announces Resignation of Rajesh Subramaniam from the Boards of Directors

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on October 3, 2022

Second quarter 2022 earnings released: EPS: US$0.31 (vs US$0.54 in 2Q 2021)

Upcoming dividend of US$0.15 per share

First quarter 2022 earnings released: EPS: US$0.35 (vs US$0.41 in 1Q 2021)

First Horizon Corporation Declares Quarterly Common Stock Dividend, Payable on July 1, 2022

First quarter 2022 earnings released: EPS: US$0.35 (vs US$0.41 in 1Q 2021)

First Horizon Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.15 per share

Investor sentiment improved over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Horizon Corporation Announces Consolidated Net Charge-Offs for the Fourth Quarter of 2021