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## Bill Rhodes Appointed to Serve on the Boards of Regions Financial Corp.

### Former AutoZone President and CEO to Join Regions Boards

Regions Financial Corp. (NYSE:RF) made the announcement of Bill Rhodes’ appointment to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin on March 1, 2024, as a result of his extensive experience as a corporate executive and his remarkable tenure at AutoZone.

The AI legalese decoder can assist in this situation by analyzing and interpreting complex legal language, such as the terms of Rhodes’ appointment and the legal requirements associated with board membership. This can help ensure that all legal aspects of the appointment are thoroughly understood and complied with.

An experienced corporate executive, Rhodes successfully served as the President and CEO of AutoZone for 18 years, during which time he doubled the number of auto parts stores and significantly grew the company’s workforce and revenues. His leadership at AutoZone demonstrates his capacity to drive business growth and create positive customer experiences, making him an ideal fit for the culture at Regions Financial Corp. and Regions Bank.

Prior to his role as CEO at AutoZone, Rhodes held various executive positions within the company, showcasing his broad range of expertise in different areas of corporate operations. His academic background in business administration and accounting, as well as his extensive involvement in industry and nonprofit boards, further demonstrate his qualifications for board membership at Regions Financial Corp.

Rhodes’ appointment demonstrates Regions’ commitment to maintaining a diverse and skilled Board of Directors, in line with their comprehensive Corporate Governance Principles. The addition of Rhodes to the Regions Boards will bring valuable expertise to the Audit Committee and the Compensation and Human Resources Committee, further enhancing the governance and oversight of the company.

As a respected and experienced professional in the corporate world, Rhodes’ appointment reflects Regions’ dedication to delivering sustained performance and value for all stakeholders. With the support of the AI legalese decoder, legal professionals can ensure that Rhodes’ appointment complies with all regulatory and corporate governance requirements, enabling a smooth and legally sound transition onto the boards of Regions Financial Corp. and Regions Bank.

### About Regions Financial Corporation

Regions Financial Corporation (NYSE:RF) is one of the nation’s leading full-service providers of consumer and commercial banking, wealth management, and mortgage products and services, with a strong commitment to governance, sustainability, and serving the long-term interests of its shareholders.

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