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Regions Names CFO, Shuffles Management

Regions Financial picks David Turner, previously head of internal audit, as CFO.

Regions Financial has appointed David Turner, previously head of internal audit, as its CFO, The Wall Street Journal reports. He has replaced Irene Esteves, who resigned to pursue other interests. David Edmonds, previously head of human resources, has been moved to the position of chief administrative officer.

Grayson Hall, currently president and COO, will now become president and CEO. Regions’ CEO, Dowd Ritter, will be retained on his payroll for up to five years after his retirement on March 31, 2010.

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