Business Ethics Once Again Names First Horizon a Best Corporate Citizen.Business Editors MEMPHIS Memphis, city, ancient Egypt Memphis (mĕm`fĭs), ancient city of Egypt, capital of the Old Kingdom (c.3100–c.2258 B.C.), at the apex of the Nile delta and 12 mi (18 km) from Cairo. , Tenn.--(BUSINESS WIRE)--May 3, 2004 Business Ethics business ethics, the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical questions range from practical, narrowly defined issues, such as a company's obligation to be honest with its customers, to broader social magazine has for the second year in a row named First Horizon National Corp. (NYSE NYSE See: New York Stock Exchange :FHN FHN Forest Hills Northern ) to its list of the 100 Best Corporate Citizens. The ranking identifies companies among the Russell 1000 - the largest publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. - that excel at serving a variety of stakeholders well. The ranking is based on quantitative measures of corporate service to seven stakeholder groups: stockholders, employees, customers, the community, the environment, overseas stakeholders and women and minorities. "Every day I have the honor of coming to work and interacting with extremely smart people who do their jobs aggressively but with the highest levels of integrity," said Ken Glass, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of First Horizon. "Our culture celebrates honesty and focusing on the people who make staying in business possible: our employees and our customers. Our shareholders and our communities benefit from the hard work those employees do." The 100 Best Corporate Citizens story will appear in the spring issue of Business Ethics, which for 17 years has been the premier publication for the movement to bring greater social responsibility into business. The full list and story are available at www.business-ethics.com/100best.htm. Note to editors: Until April 20, First Horizon National Corp. was named First Tennessee National Corp. On April 20, the corporation's shareholders voted to approve management's recommended name change to better reflect the corporation's growing national presence. About First Horizon The First Horizon National Corp. (NYSE:FHN) family of companies provides financial services to individual and business customers through: -- FTN FTN Face the Nation (CBS News) FTN Family Television Network FTN Fido Technology Networks FTN FeedThe.Net (website) FTN Franja Transversal del Norte (Guatemala region) Financial, headquartered in Memphis, Tenn., one of the nation's top underwriters of U.S. government agency securities -- First Horizon Home Loans, headquartered in Irving, Texas, which earned a top-10 ranking in customer satisfaction from J.D. Power and Associates -- First Horizon Merchant Services, headquartered in Englewood, Colo., one of the most successful processors of credit card payments for the travel and entertainment industry -- First Tennessee Bank, headquartered in Memphis, Tenn., which has earned one of the highest customer retention rates of any bank in the country About 12,000 employees of these companies provide financial services through more than 1,000 offices located in more than 40 states. FHN companies have been recognized as some of the nation's best employers by AARP AARP, a nonprofit, nonpartisan national organization dedicated to "enriching the experience of aging"; membership is open to people age 50 or older. Founded in 1958 by Ethel Percy Andrus as American Association of Retired Persons, AARP now has over 30 million and Working Mother, Business Week and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.FirstHorizon.com. |
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