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CFO Pete Makowiecki Becomes CEO and President of First Horizon Home Loan Corp.

27 January 2006

Pete Makowiecki has become President of Mortgage Banking and President and Chief Executive Officer of First Horizon Home Loan Corp., part of First Horizon National Corp. (NYSE:FHN). First Horizon Home Loan Corp. is headquartered in Irving, Texas.


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Makowiecki's promotion was announced in an FHN news release on Nov. 15, 2005. Makowiecki, 45, replaces Jerry Baker, who was promoted to chief operating officer for FHN. Makowiecki will oversee the mortgage banking unit as well as national consumer and construction lending, two critical components for the organization's national expansion. Leveraging these businesses gives the company the ability to offer customers a full array of financial services and products. Makowiecki will continue serving as chief financial officer for First Horizon Home Loan Corp. until a replacement is named. As COO Baker will work from the company's national headquarters in Memphis, Tenn., overseeing all of First Horizon's business lines and operations.


"We are confident that Pete's proven success as a leader will help us achieve our objective to become a premier national financial services company," said Baker. "He will build on the groundwork he's been integral in developing over the past five years. Pete's breadth of financial expertise combined with his leadership will make this a smooth transition for us all."


Makowiecki, a 20-year industry veteran, has been with First Horizon Home Loan Corp. for more than five years as Senior Executive Vice President and CFO. During that time, he has been responsible for managing the overall financial and administrative operations of the company.


Prior to joining First Horizon Home Loan Corp., Makowiecki served in a number of leadership positions within the banking and finance industry, including as Senior Vice President at North American Mortgage, Executive Vice President and CFO at Southern Pacific Funding Corporation, Director of Finance at Citicorp Mortgage and Controller and CFO at Fleet Mortgage Company.


"My primary goal is to oversee the successful execution of our key strategic initiatives, while maintaining the culture and core values of the organization," said Makowiecki. "We have a highly talented team at First Horizon, enabling us to offer our customers a variety of products and services to fulfill their financial needs."


Makowiecki earned his Bachelor's degree in business administration from the University of Massachusetts in Amherst. He resides in Southlake, Texas, with his wife and four children.


About First Horizon


The 13,000 employees of First Horizon National Corp. (NYSE:FHN) provide financial services to individuals and business customers through hundreds of offices located in more than 40 states. The corporation's three major brands -- FTN Financial, First Horizon and First Tennessee -- provide customers with a broad range of products and services including:


-- Capital markets, one of the nation's top


underwriters of U.S. government agency securities


-- Mortgage banking, one of the nation's top 20


mortgage originators and top 15 servicers, which


earned a top-10 ranking in customer satisfaction


from J.D. Power and Associates


-- Retail/commercial banking, with the largest market


share in Tennessee, and one of the highest customer


retention rates of any bank in the country


FHN companies have been recognized as some of the nation's best employers by AARP, Working Mother and Fortune magazines. FHN also was named one of the nation's 100 best corporate citizens by Business Ethics magazine. More information can be found at www.fhnc.com.


CONTACT: First Horizon National Corp.


Pete Makowiecki


(214) 441-5313


pmakowiecki@firsthorizon.com


Janelle O'Haugherty


(972) 488-4790


janelle@vollmerpr.com

Source: primezone


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