First Horizon announced that Thomas Hung, EVP, Head of Franchise Finance, will be named Senior EVP, Chief Credit Officer, effective October 1. Hung will succeed Susan Springfield, Senior EVP, Chief Credit Officer, who has served in this role since 2013. Starting April 15, Hung will serve as Deputy Chief Credit Officer to begin the succession planning process and join the Executive Management Committee. Springfield will remain with the company until the end of the year to support the transition. Hung joined the company in 2019 and has over two decades of experience in the financial services industry. He previously served as Managing Director and Head of Sponsor and Chain Restaurants for Citizens Bank. Before that, Hung was with GE Capital Franchise Finance in various capacities, culminating his tenure as SVP and Head of Club Syndications. Other experience includes working as an investment banker with JPMorgan and Deutsche Bank, specializing in mergers and acquisitions, as well as equity private placements.
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