Thomas Hung to lead restaurant franchise group at First

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MEMPHIS, Tennessee, April 08, 2019 (GLOBE NEWSWIRE) – Thomas Hung has joined First Tennessee Bank, part of the First Horizon National Corp family of companies. (NYSE: FHN), to lead the restaurant franchise banking group. Hung, located in Scottsdale, Arizona, will report to Steve Hawkins, director of specialty banking for First Tennessee Bank.

Hung, a restaurant finance industry veteran, will develop and implement strategies to provide financing solutions to franchisors, franchisees, corporate-owned chains and private equity sponsors looking to invest and operate branded restaurants.

“Tom has extensive experience in restaurant finance, and the relationships he has developed will be invaluable as we continue to grow our specialty franchise finance line of business,” said Steve Hawkins, Director of Services specialized banking services for First Tennessee Bank. “We believe he will be an extraordinary leader and his expertise in supporting restaurant businesses to greater success will help existing and new customers achieve their goals.”

With two decades of experience in the financial services industry, Hung comes to First Tennessee from Citizens Bank Restaurant Finance where he most recently served as Managing Director, responsible for the sponsor and the restaurant chain. His industry experience includes developing a national chain restaurant lending platform, managing structured finance, and syndicating sponsor-backed restaurant loans.

“I am delighted to join First Tennessee and to have the opportunity to work with such an exceptional team to expand the restaurant franchise business,” said Hung. “I look forward to growing our line of business and providing an extraordinary level of service to our customers. “

Hung received his BA in Finance from the Marriott School of Management at Brigham Young University and his MBA from the Johnson Graduate School of Management at Cornell University. He volunteers for the United Way, Feed My Starving Children and as a reading tutor for a local elementary school.

About the First Tennessee Bank

The First Tennessee Bank National Association, operating as First Tennessee Bank and Capital Bank, has the largest deposit market share in Tennessee and operates more than 250 branches in the Southeast. Capital Bank, First Tennessee Bank, FTB Advisors and FTN Financial are part of First Horizon National Corp. (NYSE: FHN). The company’s banking subsidiary was founded in 1864 and has the 14th oldest national banking charter in the country. The wealth management group FTB Advisors has more than 300 financial professionals and approximately $ 4.8 billion in assets under management. FTN Financial is a capital markets industry leader in the sale, trading and strategies of fixed income securities for institutional clients in the United States and internationally. The company has been ranked by American Banker magazine as one of the top 10 most trusted American banks and as one of the nation’s top employers by the National Association for Female Executives and Fortune magazine. More information is available at www.FirstTennessee.com.

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Contact: Silvia Alvarez, 901-523-4465, SAlvarez@firsttennessee.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f8846d9d-4775-406b-884f-b7bd7d9ad4d6


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