Regions Financial Corp. announced former 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. An experienced corporate executive, Rhodes, 58, in January concluded a successful 18-year tenure as President and CEO of AutoZone, where he continues to serve as Executive Chairman.

Rhodes has been with AutoZone for 29 years overall. Over the course of Rhodes? tenure as President and CEO, AutoZone roughly doubled its number of auto parts stores, grew its workforce to approximately 120,000 people, increased revenues by more than three times and consistently enhanced its online presence and services.

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. Rhodes is a graduate of the University of Tennessee at Martin with a Bachelor of Science in Business Administration and Accounting.

He earned a Master of Business Administration from the University of Memphis. Having lived in Memphis for over 50 years, Rhodes is active in the community and serves on several industry and nonprofit boards. He is the current 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 is a member of the J.R. Hyde III Family Foundation Board of Trustees.

With the addition of Rhodes, the Regions Boards will consist of 15 members. Upon joining the Regions Boards, Rhodes will serve on the Audit Committee and the Compensation and Human Resources Committee.