MEMPHIS, Tenn. (January 17, 2007) – Morgan Keegan & Company, Inc. today announced that Doyle R. Rippee has rejoined the firm as a managing director in its Equity Capital Markets Investment Banking Group. Rippee will be based in the firm’s Equity Capital Markets office in Nashville, Tenn.
Rippee’s primary efforts in investment banking will be focused on the Regions Commercial Banking Group and its clients across Tennessee. He also will be a principal in Morgan Keegan’s mezzanine funds that are based in Nashville.
Morgan Keegan & Company, Inc. President and CEO Doug Edwards says Morgan Keegan continues to expand its presence in Nashville, and he expects that to accelerate. “We have enjoyed great success in Nashville, and now we expect this partnership to create tremendous opportunities,” said Edwards. “With the number one market share Regions enjoys in Nashville, we see it as a top market for our firm. With Doyle’s experience, knowledge of the market and history with Regions, he is definitely the right person to help us realize our goals and continue our growth.”
“We’re bringing a great banker back to this great city to expand the financial services Regions offers business, commercial and corporate customers,” said Regions Middle Tennessee Area Executive Keith Herron. “America’s hottest city will continue to benefit from the opportunities and growth created with the merging of Regions and AmSouth.”
Recently, Rippee served as executive vice president and head of Corporate Banking for Regions. He was promoted to that position from Morgan Keegan Investment Banking in 2003. Previously he was president of Bank of America, Tennessee and Commercial Banking executive for the five-state Mid-South Region.
Rippee has held leadership roles in numerous Nashville civic and community organizations, including serving as chairman of the Nashville Area Chamber of Commerce, the YMCA of Middle Tennessee and the Nashville Symphony.
Morgan Keegan’s Equity Capital Markets division encompasses sales, trading, research and investment banking operations. The division has over 300 employees working from institutional offices in Memphis, New York, Boston, Atlanta, Nashville and Houston.
About Morgan Keegan & Company, Inc.
Morgan Keegan & Company, Inc., one of the nation’s largest regional full-service brokerage and investment banking firms, is the securities brokerage subsidiary of Regions Financial Corporation (NYSE:RF). Headquartered in Memphis, Tenn., Morgan Keegan has over 300 offices in 18 states. Additional information about Morgan Keegan can be found at www.morgankeegan.com.
About Regions
Regions Financial Corporation is a member of the S&P 100 Index and listed among Forbes “400 Best Big Companies.” With more than $140 billion in assets, Regions is one of the nation’s largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services. Regions serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates some 2,000 AmSouth and Regions banking offices and a 2,800-ATM network. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company, Inc., provides services from over 300 offices. Additional information about Regions and its full line of products and services can be found at www.regions.com.
