Three New Members Appointed to the Boards of Regions Financial Corp. and Regions Bank
21 Giugno 2022 - 10:30PM
Business Wire
Mark Crosswhite, Noopur Davis and Tom Hill assume new leadership
roles effective July 1.
Regions Financial Corp. (NYSE:RF) on Tuesday announced three new
members have been appointed to the boards of Regions Financial
Corp. and its subsidiary, Regions Bank: Mark Crosswhite, Noopur
Davis and J. Thomas (Tom) Hill. With the addition of Crosswhite,
Davis and Hill, Regions will increase to a 14-member board, which
will, as of July 1, 2022, consist of 13 independent outside
directors.
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Mark Crosswhite (left), Noopur Davis
(center) and Tom Hill (right) have been appointed to the boards of
Regions Financial Corp. and its subsidiary, Regions Bank, effective
July 1, 2022. (Photo: Business Wire)
“Our three new directors bring a diverse range of skills,
experience and perspectives that will further position Regions for
continued growth,” said Charles McCrary, chair of the Regions
Financial Corp. and Regions Bank boards. “From extensive experience
as sitting CEOs of large companies, to deep knowledge on the
technology and cybersecurity front, the input provided from these
new members will be invaluable to our boards. Each member will have
a key role in oversight and governance as Regions continues its
mission to create shared value for our customers, communities,
associates and shareholders.”
Mark Crosswhite is chairman, president and chief
executive officer of Alabama Power Company, a Southern Company
subsidiary headquartered in Birmingham, Ala., that provides
electric service to 1.5 million customers. As an Alabama native and
resident, Crosswhite has a strong connection to Regions’ markets
and headquarters city. He is chairman of the boards of the Economic
Development Partnership of Alabama and Prosper Birmingham. He also
serves on numerous corporate, civic and nonprofit boards, including
the boards of Nuclear Electric Insurance Limited and the UAB Health
System. Crosswhite is also a member of the President’s Cabinet of
the University of Alabama. In addition, Crosswhite serves on the
Council on Competitiveness and the President’s Advisory Council for
the Freshwater Land Trust. Crosswhite earned a bachelor’s degree in
1984 from the University of Alabama in Huntsville and a J.D. degree
in 1987 from the University of Alabama School of Law.
Noopur Davis is corporate executive vice president and
chief information security and product privacy officer for Comcast,
a Fortune 30 media and technology company. She leads teams
responsible for product security and privacy, cloud security,
information and infrastructure security, cybersecurity risk,
security engineering, security incident response, the legal
response center and technical fraud. Davis holds a bachelor’s
degree in Electrical Engineering from Auburn University and a
master’s degree in Computer Science from the University of Alabama
in Huntsville. She is a member of several trade associations and
serves on the Board of Directors of Entrust, Board of Advisors of
Immersive Labs and the Board of Directors of the National
Technology Security Coalition. Davis also serves on multiple
advisory councils including Google Cloud, Amazon Web Services and
VMWare.
Tom Hill is chairman of the board, president and chief
executive officer of Vulcan Materials Company, the nation’s largest
producer of construction aggregates and a major producer of
aggregates-based construction materials. Hill is actively involved
in a number of industry trade groups and currently serves on the
boards of the Birmingham Business Alliance and the Economic
Development Partnership of Alabama. He has previously served on the
boards of the U.S. Chamber of Commerce and the United Way of
Central Alabama. He is a graduate of the University of Pittsburgh
and the Wharton School of Business, Executive Management
Program.
Regions is committed to serving the long-term interests of
shareholders by maintaining strong governance principles and
cultivating an experienced and engaged Board of Directors with
diverse skills and attributes. Board committees play a vital role
in that process. Crosswhite will serve on the Audit and the
Nominating & Corporate Governance committees; Davis will serve
on the Risk and Technology committees; and Hill will serve on the
Compensation & Human Resources and Risk committees.
The boards have adopted comprehensive Corporate Governance
Principles to guide oversight and independent governance.
“The Corporate Governance Principles affirm the boards will seek
members from diverse professional backgrounds who combine a broad
spectrum of experience and expertise with a reputation for
integrity to ensure the boards maintain an appropriate mix of
skills and characteristics to meet the needs of Regions and the
people served by the company,” said Ruth Ann Marshall, chair of the
Nominating & Corporate Governance Committee. “The addition of
Mark, Noopur and Tom reflects those principles, and I look forward
to their contributions.”
About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $164 billion in
assets, is a member of the S&P 500 Index and is one of the
nation’s largest full-service providers of consumer and commercial
banking, wealth management, and mortgage products and services.
Regions serves customers across the South, Midwest, and Texas, and
through its subsidiary, Regions Bank, operates approximately 1,300
banking offices and more than 2,000 ATMs. Regions Bank is an Equal
Housing Lender and Member FDIC. Additional information about
Regions and its full line of products and services can be found at
www.regions.com.
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Jeremy D. King Regions Bank 205-264-4551
Regions News Online: regions.doingmoretoday.com Regions News on
Twitter: @RegionsNews
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