First Horizon National Corp. (NYSE:FHN) has been named one of the 2018 Top Companies for Executive Women by the National Association for Female Executives (NAFE). The recognition honors American corporations where women have significant influence to make the decisions that affect their company’s future and its bottom line. This marks First Horizon’s seventh consecutive year on the list.

 

“I am proud to work for a company that consistently ranks as one of the best in the nation for female executives,” said Tammy LoCascio, executive vice president of consumer banking. “We are dedicated to providing development and advancement opportunities for all our employees, and we work hard to create an environment that promotes diversity and inclusion.”

 

First Horizon Highlights

 

  • Female leaders constitute more than 30 percent of  First Horizon’s Executive Management Committee
  • More than 55 percent of First Horizon’s formal mentoring program participants are women
  • Women at First Horizon comprise 60 percent of the company’s workforce
  • First Horizon’s Women’s Initiative Employee Resource Group, which is more than 15 years old, promotes the success of women in our company and communities

 

Betty Spence, president of NAFE, says, “NAFE’s annual scrutiny of women’s progress at American companies offers essential data about the movement of women into top leadership in the private sector. In this first year of having five NAFE Top Companies with boards of 50% or more women, we point to a synergy between the greater presence of women on the board and an increase in the number of winning companies with women CEOs and with 50%-plus women in the C-suite (10 companies).”

 

Subha V. Barry, senior vice president & managing director, Working Mother Media, says, “NAFE’s Top Companies shows us what progressive organizations are doing to ensure women’s advancement into executive positions. This year, noting increased enrollment and more companies with high scores, we decided to enlarge the list by 10. Areas such as number of female CEOs and promotions at every level illustrate improvement. However, while there is increased CEO engagement in making sure women have the best chance to become leaders, we also note there has also been a dip in key indicators like top earners, which needs to be addressed.”