MEMPHIS, Tenn., Jul 6, 2010 (GlobeNewswire via COMTEX News Network) -- First Tennessee Bank, the regional banking unit of First Horizon National Corp. (NYSE:FHN), will begin in-house management of its computer technology infrastructure, including all servers and its mainframe, bringing 65 information technology jobs to a bank-staffed Maryville data center over the next three to 18 months.
First Tennessee is building a data center in Maryville, Tenn., that will house the new employees as well as other IT employees who will be relocated from nearby locations. At full capacity, 110 employees will work in the new data center. Also, First Tennessee plans to add six new IT positions in its headquarters city of Memphis in 2012.
First Tennessee is placing increased emphasis on information technology enhancements as part of First Horizon's corporate strategy. "The desire to serve our customers better than any other bank is what's driving us to bring our technology management back inside the company," said Bruce Livesay, executive vice president and chief information officer for First Horizon. "We are excited about the future of our company, and with this change we'll be able to more quickly and efficiently respond to our customers' needs and the changes that are required of banks that want to compete in today's dynamic marketplace."
About First Horizon
The 5,600 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through more than 180 First Tennessee bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee has the leading combined market deposit share in the 17 Tennessee counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is an industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information can be found at www.fhnc.com.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: First Horizon National Corporation
CONTACT: First Horizon National Corporation Bruce Livesay 901-523-9000 Anthony Hicks 901-523-4726
(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.
News Provided by COMTEX