Edition:
United States

BB&T Corp (BBT)

BBT on New York Consolidated

45.94USD
7 Dec 2016
Change (% chg)

$-0.06 (-0.13%)
Prev Close
$46.00
Open
$46.00
Day's High
$46.00
Day's Low
$45.71
Volume
1,465,132
Avg. Vol
5,028,305
52-wk High
$46.15
52-wk Low
$29.95

Summary

Name Age Since Current Position

Kelly King

67 2010 Chairman of the Board, Chief Executive Officer

Daryl Bible

55 2009 Chief Financial Officer

Christopher Henson

54 2009 Chief Operating Officer

Barbara Duck

49 2016 Senior Executive Vice President, Enterprise Risk Manager, Chief Information Officer

Clarke Starnes

56 2009 Senior Executive Vice President, Chief Risk Officer

Robert Johnson

43 2014 Senior Executive Vice President, General Counsel, Secretary,Chief Corporate Governance Officer

W. Bennett Bradley

54 2016 Senior Executive Vice President and Chief Digital Officer

Ricky Brown

60 2004 Senior Executive Vice President, President - Community Banking

Donna Goodrich

53 2004 Senior Executive Vice President, Deposit Services Manager

David Weaver

49 2016 Senior Executive Vice President and Community Banking Group Executive

W. Rufus Yates

58 2012 Senior Executive Vice President, Capital Markets Manager

Jennifer Banner

56 2016 Lead Independent Director

Nido Qubein

67 1990 Director

Christine Sears

60 2015 Director

K. David Boyer

64 2009 Independent Director

Anna Cablik

63 2004 Independent Director

James Faulkner

71 2013 Independent Director

I. Patricia Henry

68 2013 Independent Director

Eric Kendrick

69 2013 Independent Director

Louis Lynn

67 2013 Independent Director

Edward Milligan

71 2013 Independent Director

Charles Patton

59 2013 Independent Director

William Reuter

66 2015 Independent Director

Tollie Rich

66 2013 Independent Director

Thomas Skains

59 2009 Independent Director

Thomas Thompson

67 2008 Independent Director

Edwin Welch

71 2011 Independent Director

Stephen Williams

56 2007 Independent Director

Biographies

Name Description

Kelly King

Mr. Kelly S. King is Chairman of the Board and Chief Executive Officer of BB&T Corporation. He has been a BB&T director since 2008 and a Branch Bank director since 1995. He has served as Chairman of BB&T since 2010; President and Chief Executive Officer of BB&T and Chairman and Chief Executive Officer of Branch Bank since 2009; and Chief Operating Officer of BB&T and Branch Bank from 2004-2008. Mr. King has forged a lifetime of leadership experience with BB&T, devoting 31 of his 42 years of service to BB&T as a member of Executive Management. He has assumed leadership roles in commercial and retail banking, operations, insurance, corporate financial services, investment services and capital markets. Mr. King is credited with leading BB&T to continued profitability and financial stability through the economic downturn beginning in 2008. His unwavering commitment to the company’s mission, vision and values has led to a nationally recognized associate volunteer program, called the Lighthouse Project. Mr. King has served as the Fifth District representative on the Federal Advisory Council of the Board of Governors of the Federal Reserve System since January 2013 and has been a member of the Financial Services Roundtable since 2010. He previously served on the Board of the Federal Reserve Bank of Richmond from 2009 to 2011. Mr. King has also served as Chairman of the North Carolina Bankers Association board and as Vice Chairman of the American Bankers Council. In 2011, Mr. King was ranked #3 “Best CEO” by sell-side analysts in a study by Institutional Investor magazine. Since 2009, BB&T has led all U.S. banks in total awards for small business and middle market banking by Greenwich Associates. In 2015, BB&T was named by Forbes as one of America’s Best Banks.

Daryl Bible

Mr. Daryl N. Bible CPA is Chief Financial Officer of BB&T Corporation., since January 01, 2009. He served as Assistant Chief Financial Officer between January 2008 and December 2008. Bible joined BB&T in January after a 24-year career with U.S. Bancorp, the last 10 years as treasurer. He began his career in the Management Development Program at U.S. Bank predecessor Star Banc. Bible served in a number of key positions prior to treasurer, including financial analyst, asset/liability manager, investment portfolio manager and funds manager. He will oversee Treasury; Investor Relations; Capital Planning and Shareholder Reporting; Enterprise Spend Management; Management Accounting; Strategic Planning and Corporate Finance; Corporate Tax; Accounting and Financial Reporting; and Value Improvement. The Cincinnati, Ohio, native earned his bachelor's and master's degrees in business administration from the University of Cincinnati. He is a chartered financial analyst and a member of the CFA North Carolina Society. He was named "Bank Borrower" for 2007 by Euromoney magazine.

Christopher Henson

Mr. Christopher L. Henson is Chief Operating Officer of the Company., since January 01, 2009. He joined BB&T in 1985 and has served as CFO since 2005. He previously served as assistant chief financial officer, president of BB&T's Georgia operations, and president of BB&T community bank regions based in Atlanta and Virginia'sHampton Roads area. The BB&T Leadership Development Program graduate began his career in Wilson, N.C., where he served as a business services officer, business services manager and city executive before assuming the role of city executive in Greensboro, N.C. The Boone, N.C., native earned his bachelor's degree in business administration from High Point University. He is a graduate of the Young Executives Institute at the University of North Carolina at Chapel Hill and a 2007 graduate of the Duke University Advanced Management Program. Henson is a member of the High Point University Board of Trustees and chairman of the Winston-Salem/Forsyth County Ten Year Plan to End Chronic Homelessness.

Barbara Duck

Mrs. Barbara F. Duck is Senior Executive Vice President, Enterprise Risk Manager, Chief Information Officer of BB&T Corporation. She joined BB&T in 1988. After graduating from BB&T's Management Development Program, she served as a branch manager in Burlington, N.C. She later was promoted to regional branch operations manager for the Greensboro, N.C.-based Triad Region. Duck then moved to BB&T’s Operations Division where she assumed responsibility for merger conversions and BB&T’s Production Cycle Management Group. As risk manager, she managed Enterprise Risk Management, Operational Risk Management, BSA/AML Management and Conversion Support. She currently manages Electronic Delivery Channels, which includes the ATM, Online Banking and Call Center channels. In 2003, Duck joined BB&T's executive management team. She is Enterprise Risk Manager since July 2009. Electronic Delivery Channels Manager between July 2006 and June 2009. Risk Manager between June 2004 and June 2006.

Clarke Starnes

Mr. Clarke R. Starnes, III, is Senior Executive Vice President and Chief Risk Officer of BB&T Corporation. He has been Chief Risk Officer since July 2009. Chief Credit Officer between September 2008 and June 2009. Specialized Lending Manager between January 2000 and August 2008.

Robert Johnson

Mr. Robert J. Johnson Jr., is Senior Executive Vice President, General Counsel, Secretary, Chief Corporate Governance Officer of BB&T Corporation effective January 1, 2014. He leads the Winston-Salem based Legal Department and serves as chief legal advisor to the Executive Management team and the Boards of Directors of BB&T Corporation and BB&T bank. A native of Dayton, Ohio, Johnson joined BB&T in 2005 as deputy general counsel, responsible for the Mergers and Acquisitions and Corporate, Securities and Regulatory Practice Groups. Johnson has 15 years of financial institution experience and has held his current roles since 2010. Prior to joining BB&T, Johnson was in private practice in Cleveland, Ohio, providing counsel to financial institutions and their affiliates. His work included all aspects of general corporate and commercial representation for Fortune 500 companies. Johnson is an active volunteer for the United Way and the YMCA of Winston-Salem. Johnson graduated Summa Cum Laude with a bachelor's degree from Miami University, Oxford, Ohio. He also graduated with honors with a juris doctor degree from The Ohio State University College of Law.

W. Bennett Bradley

Mr. W. Bennett Bradley has been appointed as Senior Executive Vice President and Chief Digital Officer of the Company., effective Jan. 1, 2016. As president of BB&T Payment Solutions Division, Bradley is currently responsible for Treasury Services and Commercial Deposits, Merchant Services, International Services and Association Services as well as card issuing for credit, debit and prepaid businesses. Upon joining executive management, Bradley will assume the new role of Chief Digital Officer. Bradley will be responsible for establishing BB&T's future digital strategy and working with lines of business to develop a digital roadmap to ensure the corporation is always current, competitive and providing a complete digital experience for clients. Bradley served as manager of Electronic Delivery Systems and held various credit roles including senior credit officer of the Eastern Region before assuming his current role. A native of Tarboro, N.C. , Bradley is a 30-year banking veteran and joined BB&T through the Leadership Development Program. Bradley is a recognized leader in the payments industry and serves on the boards of The Clearing House Payment Company and Secure Digital, LLC. He has also served on the NACHA Board of Directors, STAR Advisory Board and VISA Risk Committee. Bradley is a graduate of North Carolina State University and the Banking School of the South at Louisiana State University .

Ricky Brown

Mr. Ricky K. Brown is no-longer Senior Executive Vice President, President - Community Banking of BB&T Corporation., Effective Dec. 15, 2016 .

Donna Goodrich

Mrs. Donna C. Goodrich is a Senior Executive Vice President, Deposit Services Manager of BB&T Corporation. She joined BB&T in 1985. After graduating from BB&T's Leadership Development Program, she served as a retail services officer, financial center manager, mergers and acquisitions analyst, asset/liability management specialist, and deposits and corporate funding manager. She serves on the BB&T Market Risk and Liquidity Committee. She was named to the BB&T Executive Management team in December 2006.

David Weaver

Mr. David H. Weaver is Senior Executive Vice President and Community Banking Group Executive of the Company., effective January 1, 2016. He oversees nine BB&T Community Bank regions in Alabama, North Carolina, South Carolina, Tennessee and Virginia, and the newly formed Central Pennsylvania Region. Weaver will continue in this role and provide the executive team a unique vision and perspective on our Community Bank clients and their needs. A native of Raleigh, N.C., Weaver was named regional president of the Triangle Region and Raleigh city executive before assuming his current responsibilities. A 26-year banking veteran, Weaver joined BB&T as a business services officer focusing on middle market C&I and CRE clients. Weaver serves on the Bankers Advisory Board for the Conference of State Bank Supervisors. He has also served as a board member for the Greater Raleigh Chamber of Commerce and Communities in Schools of North Carolina, as trustee for Wake Education Partnership, and Wake County chair of the United Way of the Greater Triangle Campaign. Weaver earned both his bachelor's degree in business administration and MBA from the University of North Carolina Chapel Hill.

W. Rufus Yates

Mr. W. Rufus Yates is Senior Executive Vice President and Capital Markets Manager of BB&T Corp. W. Rufus Yates is President and CEO of BB&T Securities since January 1, 2013. President and CEO of Scott & Stringfellow, LLC since 2009. Capital Markets Manager since 2006.

Jennifer Banner

Ms. Jennifer S. Banner is Lead Independent Director of the Company. She was Independent Director of BB&T Corporation. She has been a BB&T director since 2003 and a Branch Bank director since 2013. She has served as President and Chief Executive Officer of SchaadSource, LLC (a real estate construction and development company) since 2006, Chief Executive Officer of Schaad Companies, LLC (a diversified holding company) since 2008 and Chief Executive Officer of Schaad Family Office, LLC (a diversified holding company) since 2012. Ms. Banner brings to BB&T experience as a Chief Executive Officer and skills in public accounting, as well as financial services, corporate governance and risk management experience from her prior service on the boards of directors of First Vantage Bank and First Virginia Banks, Inc. She currently serves as a director of the Federal Reserve Bank of Atlanta-Nashville Branch, where she received formal training in monetary policy, the banking system and macroeconomics. In addition, Ms. Banner has experience with community-oriented organizations and the construction and real estate development industries. Ms. Banner qualifies as an “audit committee financial expert” under SEC guidelines.

Nido Qubein

Dr. Nido R. Qubein is a Director of BB&T Corporation., since 1990. He has been a BB&T director since 1990 and a Branch Bank director since 2013. He has served as President of High Point University since 2005 and Chairman of Great Harvest Bread Company (a whole grain bread bakery franchising company) since 2001. Dr. Qubein has written a dozen books on leadership, sales, communication and marketing and serves as advisor to businesses and organizations throughout the country on how to position their enterprises and create successful leadership programs. During his 20+ year tenure on the BB&T Board, he has provided key leadership and made important contributions to the development and successful execution of BB&T’s strategy to be the “best of the best.” His many entrepreneurial ventures and service on more than 30 volunteer boards over the course of his career contribute governance and community service skills and experience to BB&T.

Christine Sears

Ms. Christine Sears is a Director of the Company. Ms. Sears has served as the President and Chief Executive Officer of Penn National Insurance since January 1, 2015. Prior to being appointed Penn National’s President and Chief Executive Officer, Ms. Sears served as Penn National’s Executive Vice President and Chief Operating Officer since 2010 after serving as Penn National’s Chief Financial Officer from 1999 to 2010. Ms. Sears joined Penn National in 1980 as a financial analyst and held various positions of increasing leadership in the company prior to being named the President and Chief Executive Officer. Her deep understanding of the insurance industry is very valuable to our Board of Directors as BB&T’s insurance operations are our largest source of non-interest income. Ms. Sears joined our Board in August 2015 as a part of the Susquehanna merger. Ms. Sears qualifies as an “audit committee financial expert” under SEC guidelines.

K. David Boyer

Mr. K. David Boyer, Jr., is an Independent Director of BB&T Corporation., since 2009. He has been a BB&T director since 2009 and a Branch Bank director since 2013. He has served as Chief Executive Officer of GlobalWatch Technologies, Inc. (a business intelligence, cybersecurity, information assurance, governance and compliance firm) since 2004. Mr. Boyer also has served as a director of Virginia Community Development Corporation (a tax credit fund manager supporting economic development in Richmond) since 2009 and as a Treasury Board Member for the Commonwealth of Virginia from 2002-2013. Prior to his election to the BB&T Board, Mr. Boyer served for over 11 years on Branch Bank’s local advisory board in Washington, D.C. This experience provided Mr. Boyer with a thorough understanding of BB&T’s banking organization and its values and culture. Mr. Boyer has extensive experience with risk management, accounting and finance, as well as information technology services, information management, information assurance and anti-terrorism assistance services, and brings skills related to this experience to the BB&T Board.

Anna Cablik

Ms. Anna R. Cablik is an Independent Director of BB&T Corporation. She has been a BB&T director since 2004 and a Branch Bank director since 2013. She has served as the President of Anasteel & Supply Company, LLC (a reinforcing steel fabricator) since 1994 and as President of Anatek, Inc. (a general contractor) since 1982. She is also a member of the Trust Committee for the Branch Bank board. Ms. Cablik brings entrepreneurial and business-building skills and experience to BB&T, having successfully founded and grown several businesses. Her extensive career managing a diverse portfolio of projects provides risk assessment skills and experience to the BB&T Board. Additionally, as the owner and operator of a company, Ms. Cablik has over 20 years’ experience overseeing the preparation of financial statements and the review of accounting matters.

James Faulkner

Mr. James A. Faulkner is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 2000. He is currently retired and previously served as a consultant to Branch Bank from 2000 through 2011. Mr. Faulkner brings to BB&T significant financial services leadership, oversight and expertise stemming from his distinguished 49-year career in commercial banking, including serving as the top executive of Century South Banks from 1997 until it merged with BB&T in 2000. He has served as a director of four different public companies over a 25+ year period, providing him with meaningful corporate governance perspective and experience. Mr. Faulkner’s long tenure on the Branch Bank board, where he is the Chairman of the Trust Committee, and his extensive service as a bank executive affords him valuable insight as to BB&T’s banking operations and its vision, mission, values and culture.

I. Patricia Henry

Ms. I. Patricia Henry is an Independent Director of BB&T Corp. She has been a BB&T director since 2013 and a Branch Bank director since 1999. She is currently retired and previously was the Director of Strategic Projects for Miller Brewing from 2005 to 2008. Ms. Henry brings extensive risk management, strategic planning and organizational development experience and skills to the BB&T Board. At Miller Brewing, Ms. Henry became the first woman to hold a lead management post at a major U.S. brewery when she was named Plant Manager of the Eden, North Carolina facility in 1995. In addition, Ms. Henry’s operational business background allows her to bring the perspective of a commercial client into BB&T’s boardroom. Her institutional knowledge and longstanding Branch Bank board service further qualify her to serve as a member of the BB&T Board

Eric Kendrick

Mr. Eric C. Kendrick is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 2003. He has served as the President of Mereck Associates, Inc. (a real estate management and development firm) since 1989. He is also President of Old Dominion Warehouse Corporation (a warehouse leasing and development firm) since 1991, President of Upton Corporation (a commercial property development company) since 1991, and President of Murteck Construction Company, Inc. (a general contractor) since 1991. Mr. Kendrick brings to BB&T significant financial services industry experience and corporate governance perspective from his service on the boards of First Virginia Banks, Inc., where he served as a director from 1986 until it merged with BB&T in 2003, and Branch Bank, where he has served as director since 2003 and is currently a member of the Trust Committee.

Louis Lynn

Dr. Louis B. Lynn Ph.D., is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 2006. He has served as the President and Chief Executive Officer of ENVIRO AgScience, Inc. (a defense contractor and provider of construction, construction management, and landscape and design services) since founding the firm in 1985. Dr. Lynn possesses valuable oversight skills and experiences gained in serving as the top executive of ENVIRO AgScience. He also brings to the BB&T Board government and private sector design and construction experience of sustainable energy efficient facilities. Dr. Lynn serves as an Adjunct Professor of Horticulture at Clemson University and has served on number of boards and commissions relating to agriculture, higher education and business leadership. Dr. Lynn currently serves as a member of the Trust Committee of the Branch Bank board.

Edward Milligan

Mr. Edward C. Milligan is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 2007. He is currently retired. Mr. Milligan’s distinguished career in banking spans over four decades, beginning in 1967 at First National Bank of Atlanta, and moving up the ranks in a variety of leadership roles and management positions at several institutions, until he ultimately became the Chairman of Main Street Banks, Inc., which merged with BB&T in 2006. Mr. Milligan’s extensive experience in the financial services industry brings to BB&T a substantial banking skill set, including significant experience with respect to risk management, operations and credit quality. Mr. Milligan’s longstanding board service at Main Street Banks and Branch Bank, where he currently serves as a member of its Trust Committee, imparts corporate governance and supervisory skills.

Charles Patton

Mr. Charles A. Patton is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 1998. He has served as a consultant and manager of Patton Holdings, LLC (a real estate holding company) since 2007 and manager of PATCO Investments, LLC (emphasizing specialty lending and equity participations) since 1998. Over the course of his extensive banking career, Mr. Patton has served in a variety of leadership positions, including as the President and Chief Executive Officer of Virginia First Savings Bank. As the top executive of Virginia First, he gained leadership, oversight and risk management skills, as well as financial industry and banking operations expertise, which are valuable as a director of BB&T. His long tenure on the Branch Bank board has imparted him with significant institutional knowledge about BB&T, while also providing corporate governance expertise. Mr. Patton also is a leader in his community, holding leadership positions in a variety of social and civic organizations in the Richmond, Virginia area.

William Reuter

Mr. William J. Reuter is a Independent Director of the Company. Mr. Reuter is the retired Chairman and Chief Executive Officer of Susquehanna Bancshares, Inc., having served as Chairman from May 2002 until the merger of the company with BB&T Corporation. He was also Chairman of the Board of its banking subsidiary, Susquehanna Bank, as well as the following subsidiaries: Boston Service Company, Inc. (d/b/a Hann Financial Service Corp.), Valley Forge Asset Management, LLC, The Addis Group, LLC; Stratton Management Company and Semper Trust Company. He started his career with Susquehanna in 1973, when he joined one of its predecessor banks in Maryland.

Tollie Rich

Mr. Tollie W. Rich, Jr., is an Independent Director of BB&T Corp. He has been a BB&T director since 2013 and a Branch Bank director since 1998. He has been retired since 2000. Mr. Rich brings valuable perspective to the BB&T Board by combining financial industry expertise with significant corporate governance and supervisory expertise. His banking career spanned over 30 years, culminating with his service as the Executive Vice President, Chief Operating Officer and a director of Life Savings Bank, FSB, which merged with Branch Bank in 1998, and subsequent service as a senior banking executive at Branch Bank. His extensive banking experience affords a deep understanding of operations and management, while his tenure on the Branch Bank board provides experience on corporate governance matters. Mr. Rich has a longstanding involvement with charitable and community organizations and presently utilizes his leadership skills on various civic and business association boards.

Thomas Skains

Mr. Thomas E. Skains is an Independent Director of BB&T Corporation. He has been a BB&T director since 2009 and a Branch Bank director since 2013. He has served as Chairman, President and Chief Executive Officer of Piedmont Natural Gas Company, Inc. since 2003. Mr. Skains brings extensive leadership and strategic planning experience to BB&T through his experience leading a major natural gas utility in the Southeast. Mr. Skains also brings a wealth of corporate governance and risk management expertise gained through his role as the Chairman of the Board of Piedmont Natural Gas, a publicly traded corporation. His experience in the highly regulated natural gas industry is especially valuable given the high degree of regulation in the financial services industry. Mr. Skains also has served on a wide variety of boards for prominent civic and business associations, providing him with extensive community relations experience.

Thomas Thompson

Mr. Thomas Nichols Thompson is an Independent Director of BB&T Corporation. He has been a BB&T director since 2008 and a Branch Bank director since 2013. He has served as President of Thompson Homes, Inc. (a home builder) since 1978 and as a member of the Kentucky House of Representatives since 2003. As a member of the Kentucky legislature, including as the Chairman of the House Banking and Insurance Committee, Mr. Thompson provides BB&T with a unique perspective on risk management and the regulation of the financial services industry. Mr. Thompson also brings governance and community service skills and experience to the BB&T Board, having served as a director of various educational and community organizations.

Edwin Welch

Dr. Edwin H. Welch, Ph.D., is an Independent Director of BB&T Corporation., since October 25, 2011. He has been a BB&T director since 2011 and a Branch Bank director since 2013. He has served as President of the University of Charleston since 1989. Dr. Welch joined BB&T’s Board after 11 years on Branch Bank’s local advisory board in Charleston, West Virginia. He brings his vast knowledge of economics, political science and education to the BB&T Board. He understands the need for an organization to grow and evolve, as well as the related challenges in implementing such growth. As President of the University of Charleston, he has led the institution through unprecedented growth and fundraising, doubling full-time student enrollment, redefining the university’s mission, transforming its academic program and adding graduate schools of pharmacy and business. Dr. Welch also led the creation of a central administrative computing company, Independent College Enterprise, Inc., which serves eight colleges and universities. In 2006, he received the inaugural Charles L. Foreman Award for Innovation in Private Higher Education from the Foundation for Independent Higher Education. Dr. Welch was given the 2007 YMCA Spirit of the Valley Award in recognition of his exemplary community service.

Stephen Williams

Mr. Stephen Taylor Williams is an Independent Director of BB&T Corporation. He has been a BB&T director since 2007 and a Branch Bank director since 2013. He has served as President of A.T. Williams Oil Company (an operator of gas stations, convenience stores, restaurants and travel centers) since 1995 and as President and Chief Executive Officer of WilcoHess, LLC (an operator of gas stations, convenience stores, restaurants and travel centers) from 2001 through January 2014. He currently is a consultant and manager of Williams Development Group, LLC (a real estate development company). In addition to the management and oversight skills and experiences gained in serving as the top executive of A.T. Williams Oil Company and WilcoHess, Mr. Williams has a unique perspective on the needs of customers within BB&T’s footprint through his experience with the daily operations of a chain of over 400 gas stations, convenience stores, restaurants and travel centers in Alabama, Georgia, Tennessee, Virginia, Pennsylvania, and the Carolinas. In addition, Mr. Williams has gained experience in building ties between business and the local community through his involvement with community-oriented organizations such as the Winston-Salem Alliance. Mr. Williams also has extensive experience in finance and qualifies as an “audit committee financial expert” under SEC guidelines.