updated 2/23/2011 4:16:43 PM ET 2011-02-23T21:16:43

MEMPHIS, Tenn., Feb. 23, 2011 (GLOBE NEWSWIRE) -- John C. Compton has been elected to the board of directors of First Horizon National Corp. (NYSE:FHN). Compton, 49, is chief executive officer of PepsiCo Americas Foods, a $24 billion food and snack portfolio including Frito-Lay North America, Quaker Foods and PepsiCo's Latin American food businesses. He also has responsibility for PepsiCo's Power of One retail sales teams. PepsiCo is the largest food and beverage company in North America and the second largest food and beverage business globally.      

"John Compton brings a wealth of experience managing complex businesses to the First Horizon board, and we're proud that a native Tennessean has joined our team," said Mike Rose, chairman of the board for First Horizon. "John's in charge of dynamic brands and a powerful sales team, and that expertise will be valuable as First Horizon builds on the momentum that has been growing within the company and we rise to our own challenge to become the country's most respected regional financial services company." 

Compton began his career with PepsiCo 27 years ago after graduating from the University of Tennessee. Prior to his current role, he served as CEO of PepsiCo North America and president and CEO of Quaker, Tropicana and Gatorade. He also worked with Frito-Lay in sales, marketing, operations and general management.  Compton currently serves on the executive council of Conservation International – a Washington, D.C., global environmental think tank -- and is a member of the University of Tennessee's School of Business Administration's Dean's Advisory Board.  He and his wife, Cindy, and children, Kendall, Caroline and Jack, live in New Canaan, Conn. 

About First Horizon

The 5,400 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through about 180 bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee has the leading combined market deposit share in the counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is an industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information is available at www.fhnc.com .

FHN-G

CONTACT: Media Relations Contacts:
         Kim Cherry, (901)523-4380
         Jack Bradley, (901)523-4813

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