NEW YORK, Sept 29 (Reuters) - Condoleezza Rice, the former U.S. Secretary of State under President George W. Bush, will advise Regions Financial Corp's board and management, the company said on Tuesday.
Rice, a Stanford University political science professor and Hoover Institution senior fellow, will consult on regional and global issues that may affect the Birmingham, Alabama-based bank, and work as a senior advisor.
A company spokesman said the relationship was unique for Regions, and declined further comment.
Regions is one of the nation's ten largest banks.
Rice is a Birmingham native and has been a director at Chevron Corp, Charles Schwab Corp, Transamerica Corp and on JPMorgan Chase & Co's International Advisory Council.
Regions shares closed down 1.98 percent at $6.45 on Tuesday.
(Reporting by Joe Rauch) Keywords: REGIONS/RICE (joe.rauch@thomsonreuters.com; +1 646 223 6189; Reuters Messaging: joe.rauch.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Rice, a Stanford University political science professor and Hoover Institution senior fellow, will consult on regional and global issues that may affect the Birmingham, Alabama-based bank, and work as a senior advisor.
A company spokesman said the relationship was unique for Regions, and declined further comment.
Regions is one of the nation's ten largest banks.
Rice is a Birmingham native and has been a director at Chevron Corp, Charles Schwab Corp, Transamerica Corp and on JPMorgan Chase & Co's International Advisory Council.
Regions shares closed down 1.98 percent at $6.45 on Tuesday.
(Reporting by Joe Rauch) Keywords: REGIONS/RICE (joe.rauch@thomsonreuters.com; +1 646 223 6189; Reuters Messaging: joe.rauch.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.