C dowd ritter biography

Claude Dowd Ritter Jr (born August 13, 1947 in Birmingham) was.
Www.bhamwiki.com › Dowd_Ritter.
Mr.

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Triumph and turmoil define Dowd Ritter's legacy as CEO of Regions

The chief executive who helped create one of the largest banks in the United States is retiring this week, co-architect of a company whose birth coincided with a nationwide banking collapse that led to enormous shareholder discontent.

Dowd Ritter, 62, on Wednesday will work his final day at Birmingham-based Regions Financial Corp. after almost 41 years with the company and predecessor AmSouth Bancorp., once known as First National Bank. Company President Grayson Hall last year was tapped to succeed Ritter, who served 14 years in the top spot, longer than any other currently serving CEO of a publicly traded Alabama company.

Ritter leaves after a career with many elements to consider. For his harshest critics -- company shareholders -- Ritter is the public face of failure, head man at a bank that has lost money in four of the past five quarters. Shares have fallen 76 percent since the AmSouth-Regions crosstown combination that was supposed to create a stock market colossus.

The good and the bad

On the

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$19.1 Million

Estimate Recalculated Nov 5, 2024 02:06PM EST

Who is C Dowd Ritter?

C Dowd Ritter has an estimated net worth of $19.1 Million. This is based on reported shares across multiple companies, which include REGIONS FINANCIAL CORP, PROTECTIVE LIFE CORP, and AMSOUTH BANCORPORATION.

SEC CIK

C Dowd Ritter's CIK is 0001217175

Past Insider Trading and Trends

2006 was C Dowd Ritter's most active year for acquiring shares with 7 total transactions. C Dowd Ritter's most active month to acquire stocks was the month of January. 2004 was C Dowd Ritter's most active year for disposing of shares, totalling 23 transactions. C Dowd Ritter's most active month to dispose stocks was the month of October. 2009 saw C Dowd Ritter paying a total of $3,507,499.39 for 2,459,931.01 shares, this is the most they've acquired in one year. In 2006 C Dowd Ritter cashed out on 4,414,862 shares for a total of $4,201,620.00, their largest year based on trade value.

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AmSouth Bancorporation

AmSouth Center
1900 Fifth Avenue North
Birmingham, Alabama 35203
U.S.A.
Telephone: (205) 320-7151
Fax: (205) 581-7755
Web site: http://www.amsouth.com

Public Company
Incorporated: 1972
Employees: 12,296
Total Assets: $38.6 billion (2001)
Stock Exchanges:New York
Ticker Symbol: ASO
NAIC: 522110 Commercial Banking; 551111 Offices of Bank Holding Companies

AmSouth Bancorporation is a regional bank holding company with interests in consumer banking, commercial banking, and wealth management. Through subsidiary AmSouth Bank, the firm operates approximately 600 branch offices and 1,200 ATMs in Alabama, Florida, Tennessee, Mississippi, Louisiana, and Georgia.

AmSouth Bancorporation was incorporated in 1972 to take advantage of new state and federal laws related to the banking industry. Indeed, during the early 1970s Alabama began to deregulate its banking sector, making it easier for holding companies to merge with or acquire other banks. Similarly, during the mid-1960s and early 1970s, Congress had eliminated several federal banking industry res