First Horizon Appoints Energy Sector Finance Expert as $220M Volume Ranks 404th

On August 21, 2025, First Horizon (FHN) rose 0.64% to close with a trading volume of $220 million, ranking 404th in market activity for the day. The regional bank announced the appointment of Michael Moehn, 56, as an independent director to its board, expanding its leadership with expertise in energy sector finance and strategic operations. Moehn currently serves as CFO of Ameren Corporation, a Fortune 500 utility company, where he oversees financial planning, risk management, and enterprise strategy for a $12 billion annual revenue business.

Moehn’s addition follows a decade-long executive career at Ameren, including leadership roles in its Missouri energy operations serving over 1.2 million customers. His experience in utility sector governance, digital transformation initiatives, and capital allocation frameworks aligns with First Horizon’s strategic focus on operational efficiency and customer-centric innovation. Board members highlighted his track record in balancing shareholder value creation with community engagement through roles on civic boards like United Way of Greater St. Louis.

With $82.1 billion in assets as of June 2025, First Horizon’s board expansion reflects efforts to strengthen oversight in capital management and risk mitigation. The appointment comes after the company reported Q2 2025 earnings of $0.45 per share, exceeding expectations, while maintaining a CET1 capital ratio of 9.7% above regulatory requirements. The bank’s recent organizational restructuring includes appointing Shaun McDougall as head of consumer banking to drive digital channel growth.

A backtest of a strategy buying top 500 volume stocks daily from 2022 yielded a 6.98% annualized return with a 15.59% maximum drawdown, underscoring the volatility inherent in high-volume trading approaches despite moderate long-term growth potential.