First Horizon removes expired post-merger bylaw provisions on Executive Chairman and board composition

FIRST HORIZON CORP

Board unanimously approved removal of Section 3.17, which governed Executive Chairman role and board constraints post-2020 merger with IBERIABANK.
Section 3.17 expired by its terms on July 1, 2023; removal effective July 25, 2023.
Outdated transitional references in Section 3.6 also deleted.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FIRST HORIZON CORP: Removed Section 3.6 transitional provisions and removed entire Section 3.17 related to Executive Chairman and other expired provisions (effective 2023-07-25).

Change: bylaw amendment
Effective: 2023-07-25

Exact text from the filing

On July 25, 2023, the Board of Directors unanimously approved these amendments to the Bylaws, in each case effective immediately: Section 3.6 : Transitional provisions referring to the 2020 annual meeting, no longer meaningful, were removed. Section 3.17 : Section 3.17 was removed entirely, along with multiple references to that Section in other parts of the Bylaws.

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Source: SEC EDGAR

accession 0000036966-23-000084

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