First Horizon Welcomes Sital K. Mody to Its Board
First Horizon Corporation (NYSE: FHN) is excited to announce the election of Sital K. Mody as an independent director to its Board of Directors and First Horizon Bank Board. With a wealth of experience in the energy sector and a deep understanding of operational excellence, Mody is expected to contribute significantly to the company’s strategic growth.
Background and Experience of Sital K. Mody
Sital K. Mody currently serves as President of the Natural Gas Pipelines Group and is also a Vice President at Kinder Morgan, Inc., a prominent energy infrastructure company. His role involves overseeing all commercial and operational activities within the Natural Gas Pipelines sector.
Before stepping into his current position, Mody held several key leadership roles at Kinder Morgan, including that of President of the Midstream Group from 2018 until 2023. Under his leadership, this division implemented numerous strategic and operational initiatives that strengthened the company’s market position. Mody's career began at El Paso Corporation in 2001, where he ascended through the ranks before the company was acquired by Kinder Morgan in 2012. His earlier experiences include positions at esteemed organizations such as Deloitte, Tenneco Inc., and The Coca-Cola Company.
Comments from Leadership
Expressing enthusiasm about Mody’s election, Bryan Jordan, Chairman of the Board, President, and CEO of First Horizon, remarked that "Sital brings extensive public company experience with a proven record in operations, strategic planning, finance and accounting, human capital management, and environmental stewardship. His executive leadership and broad expertise will bring valuable perspective to our Board and our company. We welcome Sital as we continue to execute our strategic priorities.”
Colin Reed, Lead Director at First Horizon, added, "Welcoming Sital to the First Horizon Board of Directors enriches our leadership team. His understanding of industry dynamics and commitment to operational excellence will be instrumental as we work to meet our client needs and deliver consistent value to our shareholders."
Educational Background
Mody holds a Bachelor of Business Administration in accounting from the University of Texas at Austin and an MBA from the University of Houston, equipping him with solid financial acumen and strategic insight requisite for navigating the complexities of corporate governance.
About First Horizon Corporation
First Horizon Corporation, operating under the ticker symbol (NYSE: FHN), is recognized as a leading regional financial services provider with $83.2 billion in assets. The company is dedicated to enabling clients, communities, and associates to reach their full potential through capital and advisory services. Headquartered in Memphis, First Horizon Bank offers a range of services across twelve Southern states, including commercial and private banking, consumer services, wealth management, and mortgage banking. The organization's commitment to excellence has been honored by Fortune and Forbes magazines, ranking it among the nation's best employers and as a Top 10 Most Reputable U.S. Bank. More details about its services can be found on their official website.
Frequently Asked Questions
Who is Sital K. Mody?
Sital K. Mody is the newly elected independent director of First Horizon Corporation, with extensive leadership experience in the energy sector.
What role does Mody hold at Kinder Morgan?
He serves as President of the Natural Gas Pipelines Group and Vice President at Kinder Morgan, overseeing all related commercial and operational activities.
What is First Horizon Corporation?
First Horizon is a leading financial services company providing a wide range of banking and advisory services, operating primarily in the southern U.S.
What is the significance of Mody's election to First Horizon's Board?
Mody’s election brings valuable operational and strategic expertise to First Horizon, strengthening the Board’s capability to enhance shareholder value.
How can I learn more about First Horizon?
For more information, visit First Horizon's official website to explore their services and corporate governance practices.
