Cramer kicks departing Ritter, takes shot at Brookdale investor

By Geert De Lombaerde Posted on December 21, 2009 at 12:08 pm

Mad Money host Jim Cramer says Dowd Ritter’s retirement from Regions Financial frees up a spot on his Wall of Shame for Fortress Investment Group chief Wes Edens. Fortress owns more than a third of Brookdale Senior Living.

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Tags: Brookdale Senior Living Inc., C. Dowd Ritter, executive leadership, Fortress Investment Group LLC, Jim Cramer, Regions Financial Corp., Wesley R. Edens  

Regions up on news of CEO change

By Geert De Lombaerde Posted on December 18, 2009 at 2:36 pm

A day after Regions Financial said Grayson Hall will succeed Dowd Ritter as CEO, shares of Nashville’s biggest bank (Ticker: RF) are up about 2 percent heading into the close. Note to Bank of America: This is how investors prefer their leadership transitions.

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Tags: banking, C. Dowd Ritter, executive leadership, O.B. Grayson Hall Jr., Regions Bank, Regions Financial Corp.  

Regions boss gives up one of his titles

By Geert De Lombaerde Posted on October 16, 2009 at 7:38 am

Dowd Ritter has relinquished the role of president of Regions Financial Corp. That job now belongs to 52-year-old Vice Chairman Grayson Hall, who also has taken on the new title of COO. Shares of Regions (Ticker: RF) didn’t do a thing after hours Thursday.

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Tags: banking, C. Dowd Ritter, executive leadership, O.B. Grayson Hall Jr., Regions Financial Corp.  

Regions pops on CEO’s credit quality comments

By Geert De Lombaerde Posted on September 15, 2009 at 3:20 pm

Dowd Ritter told attendees of a New York conference today that “last quarter might have been our high point” when it comes to loan losses. Just what investors eager to sustain a rally wanted to hear: Shares of Regions (Ticker: RF) rose 10 percent today and pulled along other regional banks, including First Horizon and SunTrust.

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Tags: banking, C. Dowd Ritter, loan losses, Regions Financial Corp., stock valuation