Synovus Financial Corp. (NYSE:SNV) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02

Effective January18, 2017, the Board of Directors of Synovus
Financial Corp. (Synovus) voted to increase the size of the Board
from twelve to thirteen directors and appointed F. Dixon Brooke,
Jr. to fill the resulting vacancy, effective immediately.

Mr.Brooke, 68, is the former President and Chief Executive
Officer of EBSCO Industries, Inc. (EBSCO), a privately-held
company with a diverse range of business, including information
services, publishing and digital media, outdoor products, real
estate, manufacturing and general services. Mr.Brooke served as
President and Chief Executive Officer of EBSCO for over eight
years and served in various other leadership capacities during
his 40 year career with the company. Mr.Brooke currently serves
as the Chairman of the advisory board of First Commercial Bank,
the Birmingham division of Synovus Bank, as a director of EBSCO
and McWane, Inc. and as a director of the non-profit boards of
the Alabama Wildlife Federation, the Alabama Symphony Orchestra
and the Boy Scouts of America, Central Alabama Council.

There are no arrangements or understandings between Mr.Brooke and
any person to which Mr.Brooke was selected as a director, and
there are no actual or proposed transactions between Mr.Brooke or
any of his immediate family members and Synovus that would
require disclosure under Item 404(a) of Regulation S-K in
connection with his appointment as a director of Synovus. The
Board of Directors has affirmatively determined that Mr.Brooke
qualifies as an independent director as defined by the listing
standards of the New York Stock Exchange and the categorical
standards of independence set by the Board. At this time, it is
not known to which committee(s) of the Board Mr.Brooke will be
appointed.

As of the date of his appointment, Mr.Brooke is entitled to
receive the compensation and participate in the plans applicable
to Synovus directors, as set forth more particularly on Exhibit
10.1 to Synovus Quarterly Report on Form 10-Q filed with the SEC
on May5, 2016. In addition, Mr.Brooke will enter into Synovus
standard indemnification agreement, a form of which was filed as
Exhibit 10.1 to Synovus Current Report on Form 8-K filed with the
SEC on July26, 2007. Except as set forth above, there is no other
material plan, contract or arrangement in which Mr.Brooke will
participate in connection with his appointment.

The Company issued a press release on January19, 2017, announcing
Mr.Brookes appointment to the Board of Directors. A copy of that
press release is filed as Exhibit 99.1 to this Current Report on
Form 8-K.

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About Synovus Financial Corp. (NYSE:SNV)

Synovus Financial Corp. is a financial services and a bank holding company. The Company provides integrated financial services, including commercial and retail banking, financial management, insurance and mortgage services to its customers through over 30 locally branded banking divisions of its subsidiary bank, Synovus Bank, and other offices in Georgia, Alabama, South Carolina, Florida and Tennessee. Synovus Bank offers commercial banking services and retail banking services. Its commercial banking services include cash management, asset management, capital markets services, institutional trust services and commercial, financial and real estate loans. Its retail banking services include accepting customary types of demand and savings deposits accounts; mortgage, installment and other retail loans; investment and brokerage services; safe deposit services; automated banking services; automated fund transfers; Internet-based banking services, and bank credit card services.

Synovus Financial Corp. (NYSE:SNV) Recent Trading Information

Synovus Financial Corp. (NYSE:SNV) closed its last trading session down -0.28 at 40.93 with 1,250,826 shares trading hands.