AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank. Rhodes’ term on the Regions boards will begin March 1, 2024.

Bill Rhodes has more than 20 years of experience in business leadership.

Prior to being named as AutoZone’s CEO, Rhodes served in a variety of executive roles for the Memphis-based company, including leading store operations as well as overseeing the supply chain, information technology and finance departments. Rhodes began his career with Ernst & Young.

“Throughout his career, Bill has provided strategic leadership that led to strong business growth. And he’s never lost sight of the crucial importance of consistently creating positive customer experiences,” said Charles McCrary, chairman of the Regions Financial Corp. and Regions Bank boards.

“That makes Bill an ideal fit for Regions’ culture. We are committed to sound corporate governance that values the needs of all our stakeholders. Every day, our teams are delivering soundness, profitability and growth as we provide financial solutions for our customers and communities.

“And we know Bill’s experience and insights will help Regions build on its growth and deliver even greater value for the people and places we serve.”

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Rhodes’ terms begin March 1 and he said he’s ready to begin working with the corporation’s leadership.

“Regions Bank has built impressive customer loyalty by staying true to its mission to make life better for customers, communities, associates, and shareholders,” said Rhodes. “The company is operating from a position of strength as it serves fast-growing, highly attractive markets across the Southeast, the Midwest and Texas.

“We have a tremendous opportunity to build on Regions’ solid foundation, and I look forward to collaborating with company leaders as we generate consistent, sustainable performance on behalf of everyone we serve.”

Rhodes will continue to serve as executive chairman for Autozone. He is also chair of the Coalition for Auto Repair Equality and serves on boards of the Retail Industry Leaders Association, Youth Programs Inc., the National Civil Rights Museum, and the University of Tennessee Board of Trustees, and the J.R. Hyde III Family Foundation.

Austen Shipley is a staff writer for Yellowhammer News.