Kelly King

Kelly S. King (born September 12, 1948 in Raleigh, North Carolina)[1] is Chairman and CEO of BB&T Corporation (NYSE: BBT). King began his career in BB&T’s Management Development Program in 1972 and has served in many roles, including manager of its Central and Metropolitan regions, Raleigh city executive, Charlotte business services manager, Statesville consumer lending manager, and banking manager for BB&T's branch network. In January 2009, he was named a director of the Federal Reserve Bank of Richmond. Before his appointment as CEO on Jan. 1, 2009, King was BB&T’s chief operating officer from 2004 to 2008. In December 2012, BB&T announced that they eliminated a provision in King's contract that would have required him to step down when he turns 65, effectively keeping him as CEO till now.[2]

Education

Compensation

During his first year as CEO of BB&T in 2009, King earned a total compensation of $4,469,300.[3]

References

  1. ↑ BB&T - Company Information
  2. ↑ "BB&T gives Kelly King three more years as CEO". American Banker. Retrieved 1 March 2013.
  3. ↑ Business Week- BB&T Profile
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