DEFA14A: First Horizon Corporation to Hold Annual Meeting on April 23, 2024; Shareholders to Vote on Director Elections, Auditor Ratification, Incentive Plan Amendment, and Executive Compensation

First Horizon Corporation will hold its annual shareholder meeting on April 23, 2024, to vote on key proposals including the election of directors, ratification of auditors, an amendment to the incentive plan, and executive compensation.

Summary

• First Horizon Corporation will hold its Annual Meeting of Shareholders on April 23, 2024, at 8:00 a.m. Central Time in Memphis, TN.
• Shareholders will vote on four proposals.
• The first proposal is the election of thirteen directors to serve until the 2025 Annual Meeting.
• The second proposal is the ratification of the appointment of KPMG LLP as auditors.
• The third proposal is the approval of an amendment to the 2021 Incentive Plan to increase the number of shares authorized for issuance as awards.
• The fourth proposal is an advisory resolution to approve executive compensation.
• Shareholders can vote online, by mail, or in person.
• The proxy materials, including the proxy statement and annual report on Form 10-K, are available online at www.proxydocs.com/FHN.
• Shareholders can request paper copies of the proxy materials by April 9, 2024.

Sentiment

Score: 7

Explanation: The document is a standard proxy statement, which is generally neutral in sentiment. It provides information about upcoming votes and corporate governance matters.

Positives

• The company is providing multiple avenues for shareholders to access proxy materials and vote, including online, mail, and in-person options.
• Shareholders have the opportunity to provide input on key governance matters, including director elections and executive compensation.

Future Outlook

The document outlines the matters to be voted on at the upcoming annual meeting, providing a roadmap for the company's governance and compensation practices in the near term.

Industry Context

This is a standard proxy statement related to an upcoming annual meeting, which is a routine part of corporate governance for publicly traded companies.

Corporate Governance

Stakeholder Impact

• Shareholders have the opportunity to influence the company's direction through their votes on key proposals.
• Employees may be affected by the amendment to the incentive plan, which could impact their compensation.

Next Steps

• Shareholders should review the proxy materials and vote on the proposals before the deadlines.
• The company will hold the Annual Meeting on April 23, 2024.

Key Dates

Keywords

Annual Meeting, Proxy Statement, Shareholders, Directors, Auditors, Incentive Plan, Executive Compensation, Voting, First Horizon Corporation, KPMG