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First Horizon appoints Scott Serpico as Head of Product to bolster its banking innovation strategy

Executive summary: First Horizon Corporation announced the appointment of Scott Serpico as Senior Vice President, Head of Product. The hire signals the bank's intent to prioritize product innovation to compete with fintech entrants.

Who is involved: First Horizon Corporation (NYSE: FHN) and executive Scott Serpico.

Likely next: Serpico is expected to shape the bank's product roadmap, potentially leading to new digital banking features in the coming quarters.

First Horizon Corporation announced on July 23, 2026 that Scott Serpico has been named Senior Vice President and Head of Product for its banking unit. The role is based in Memphis and will oversee the strategy and vision for the bank's product suite. The appointment reflects the bank's effort to strengthen product development amid growing competition from fintech firms. No further details about Serpico's background or specific product plans were disclosed in the release.

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