Regions Financial with organizational shakeup


Regions (RF) creates a General Bank which houses units serving retail, wealth management, and small business customers, and a Corporate Bank under which middle-market and larger commercial business will be housed.

John Owen, Head of Business Lines, has been named head of the General Bank, and South Region President John Turner has been named head of the Corporate Bank.

CEO Grayson Hall: "This realignment creates a more streamlined structure at the top of the company and is a more effective model for executing our strategy, managing our performance and serving our customers."

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    stop talking about constant reorganization unless you are dumping board members-they are the problem !
    Also,how about cutting some management and board salaries,benefits,opti... and returning some $$$ to shareholders ????????
    Long overdue
    And SA-thanks for the latest update
    16 Jun 2014, 05:52 PM Reply Like
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