First Horizon Strengthens Local Leadership Amidst Strategic Growth: Impact on Horizon Bancorp (IN)

### Strengthening Local Leadership at First Horizon: A Strategic Move

First Horizon, a regional financial services leader headquartered in Memphis, TN, is enhancing its management structure through several key promotions aimed at bolstering local expertise and improving client service. The company announces that Tony Adams, former New Orleans Market President, will take on the role of Gulf States Regional President. In this new position, Adams is tasked with leading strategic client initiatives throughout Louisiana. His appointment reflects First Horizon's commitment to harnessing local talent to foster deeper client relationships. Adams has been with the organization since 2001, during which time he has successfully expanded the company’s clientele and talent pool, making him an ideal candidate for this regional leadership role.

In addition to Adams, First Horizon elevates Jimmy Dunn to New Orleans Market President. Dunn, who joined the company in 2014, will focus on enhancing existing client relationships while implementing a high-touch service model that caters to the unique needs of the local market. This focus on personalized service is crucial for First Horizon as it seeks to differentiate itself in a competitive financial landscape. The appointments underscore the company's strategy of promoting from within, which not only boosts employee morale but also ensures that leadership understands the intricacies of local markets and customer expectations.

Further expanding its leadership, First Horizon names Matt Phillips as Regional President for the West Region, covering Texas's significant markets such as Dallas, Fort Worth, and Houston. Phillips brings over 11 years of experience in Texas commercial real estate, positioning him to effectively drive growth in this vibrant market. Meanwhile, Alex Morton transitions from Birmingham Market President to Atlanta Market President, where he will leverage his leadership experience to capitalize on recent strategic hires and business momentum. Chairman, President, and CEO Bryan Jordan highlights that these promotions are a testament to First Horizon's dedication to delivering tailored banking solutions that meet the specific needs of its diverse client base across the southern U.S.

In addition to these leadership changes, First Horizon’s robust asset base of $83.2 billion as of September 30, 2025, positions the company strongly within the financial services sector. Operating across 12 states, First Horizon offers a comprehensive range of services, including commercial and private banking, wealth management, and retail brokerage. This extensive offering underscores the company’s commitment to supporting clients and communities in achieving their financial goals.

As First Horizon continues its strategic growth, these leadership appointments signify a proactive approach to enhancing local engagement and service delivery, ensuring that the company remains well-positioned to navigate the evolving financial landscape.