New Company
Regions Bank, Regions Financial Corp
New Position
Chief Executive Officer
New Company Website
Former Company
Regions Bank, Regions Financial Corp
Former Position
President
Regions Financial Corporation (NYSE:RF) announced today that John M. Turner Jr., who currently serves as President, will become Chief Executive Officer of Regions Bank and Regions Financial Corporation, its bank holding company, and a member of its Boards of Directors effective July 2, 2018. Turner, 56, will succeed Chairman and Chief Executive Officer Grayson Hall, 60, who will serve as Executive Chairman through the end of 2018. Hall’s career at the company and a predecessor spans 38 years, including serving as Chief Executive Officer since 2010 and as Chairman since 2013. Turner joined Regions in 2011. “With John’s broad range of experience and exceptional leadership skills, Regions will be well-positioned to continue growing prudently and sustainably while also maintaining our focus on meeting the needs of our customers, providing exemplary service, and serving our communities,” Hall said. Lead Independent Director Charles McCrary said, “Grayson led the company out of a very difficult time for the financial services industry by doing what’s right for our customers and providing the services and advice they needed to succeed financially. That visionary leadership helped create the foundation for the company’s success today.” “I am honored to succeed Grayson as CEO,” Turner said. “I admire his integrity, business judgment, and his commitment to provide what he calls ‘decent returns in a decent way.’ That leadership is rooted in his humility and in a deep passion for our customers, associates, and communities. The strength of his character is reflected in the culture of our company. I am excited about the opportunity to continue to work closely with Grayson and the Regions team as we build on our momentum to generate sustainable growth and deliver benefits for all of our stakeholders.”
