First Horizon Corporation announced the election of Jeffrey J. Brown, aged 52, to its Board of Directors and the First Horizon Bank Board of Directors. Brown currently serves as President of Hendrick Automotive Group, LLC, the largest privately held automotive group in the United States.
Brown retired as Chief Executive Officer of Ally Financial Inc. in January 2024, after nine years in the role. His career at Ally, which began in 2009, included leadership positions such as President and CEO of Dealer Financial Services and Corporate Treasurer.
Bryan Jordan, Chairman, President, and CEO of First Horizon, stated that Brown's extensive expertise in the financial services sector and leadership experience will be invaluable to the Board. His deep understanding of the Charlotte market, a key growth area for First Horizon, is also expected to provide significant insights.
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