BB&T; names Valeria Lynch Lee as director
Wednesday, December 15, 2021 10:00 AM

Related Stories



WINSTON-SALEM, N.C., Dec. 15, 2010 /PRNewswire-FirstCall/ -- The directors of BB&T Corporation (NYSE: BBT) on Tuesday elected Valeria Lynch Lee, the first president of Golden L.E.A.F. Inc., to the corporate board.

Lee, 68, joins BB&T's corporate board effective Jan. 1, 2011, after eight years as a director of Branch Banking and Trust Company, the principal subsidiary of Winston-Salem, N.C.-based BB&T Corporation. She has served as chairman of the Branch Banking and Trust Company's Trust Committee and has been appointed to the corporate board's Compensation, and Nominating and Corporate Governance committees.

"Valeria brings demonstrated acumen in economic development, education and entrepreneurship to BB&T's corporate board," said BB&T Chairman and CEO Kelly King. "She shares our commitment to integrity and accountability and values BB&T's community banking model. Valeria brings a small business perspective to the board as we position BB&T for future growth."

During her career, Lee has been involved in all stages of business development – from a well-established organization such as the Z. Smith Reynolds Foundation to start-up organizations such a Golden L.E.A.F. and her latest endeavor as the chief executive officer of Applied Behavioral Concepts Mental Health Services for Families, which began providing counseling, coaching and community-based mental health services this year primarily in North Carolina's Nash and Edgecombe counties.

"I have personally experienced the critical role the financial sector plays in supporting economic development and I believe it's important for BB&T to maintain a responsive, consultative approach as it continues to grow as an industry leader," Lee said.

During Lee's tenure as the first president of the Golden L.E.A.F. (Long-term Public Economic Advance Foundation), the organization grew to more than $750 million in assets and awarded more than $351 million in grants to nonprofit organizations and public agencies. Golden L.E.A.F. was created in 1999 to develop a more diverse economy in North Carolina. Funding was provided from a court settlement that North Carolina received from cigarette manufacturers.

Lee, a Hollister, N.C., native, is an incorporating member and current chair of the North Carolina Rural Economic Development Center, a board member of the Public School Forum of North Carolina, the North Carolina Foundation for Advanced Health Programs Inc., and Carolina's Gateway Partnership. She is a former member of the University of North Carolina Board of Governors, the North Carolina Central University Board of Trustees, the North Carolina Partnership for Children Board of Directors, and the UNC-TV Board of Trustees. Lee also has served as program officer for the Z. Smith Reynolds Foundation and was a 2009 inductee into the North Carolina Women's Hall of Fame.

Lee earned her bachelor's degree in business education from North Carolina Central University, her master's in education with a concentration in guidance and personnel services at North Carolina State University and another master's in radio, television and film from Ohio University.

BB&T Corporation (NYSE: BBT) is one of the largest financial services holding companies in the U.S. with more than $157.2 billion in assets and market capitalization of $16.7 billion, as of Sept. 30, 2010. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.

SOURCE BB&T Corporation

(Source: PR Newswire )
(Source: Quotemedia)
 

Sponsors

Symbol :

Advertisement

Market news:

  • Heavy snow hits air travel, roads across Europe Dec 18, 2021 07:13 AM

    • LONDON - Authorities say air travel across Europe has been disrupted by heavy snow, while rail services and roads were also affected by the blast of wintry weather.
    • In Britain, London's Gatwick airport closed its runway due to snow, while British Airways suspended all flights from London's Heathrow airport.
    • In a statement, Heathrow said more snow was expected and that staff were "planning for the worst."
      • Top US officer says Iran still driving for a bomb Dec 18, 2021 06:58 AM

        • MANAMA, Bahrain - Iran is trying to build a nuclear bomb, posing a threat to its neighbors, and the United States is "very ready" to counter Iran should it make a move, the top U.S. military officer said Saturday.
        • "The United States takes very seriously our security commitments in the Gulf region," Mullen said following a meeting with Bahrain's king.
        • Bahrain, directly across the Gulf from Iran, is home to a large U.S. Navy base that would be on the front lines of any war with Iran.
          • Obama pushes for nuke treaty ratification Dec 18, 2021 06:35 AM

            • WASHINGTON - President Barack Obama is warning that failure to ratify a new arms control treaty with Russia will undercut American leadership on scores of challenges it faces worldwide.
            • Obama used his weekly radio and Internet address Saturday to plead with the Senate to approve the treaty, a dearly held foreign policy priority in the waning days of Congress' lame-duck session.
            • Obama said without action on the pact, known as New START, "we'll risk undermining American leadership not only on nuclear proliferation, but a host of other challenges around the world."
              • US lawmakers may vote on Armenian genocide measure Dec 18, 2021 06:06 AM

                • WASHINGTON - The House may vote next week on a measure that could damage U.S. relations with critical ally Turkey: a resolution declaring the World War I-era killings of Armenians a genocide.
                • House Democratic leaders had long set aside consideration of the draft resolution, and the measure was expected to expire as a new Republican-led House takes office next month.
                • House aides, speaking on condition of anonymity because they were not authorized to comment, said Friday that Democratic leaders have been discussing a possible vote with lawmakers.
                  • Senate nears repeal of military's curbs on gays Dec 18, 2021 06:06 AM

                    • WASHINGTON - Congress is close to ending the ban on gays serving openly in the military, with the Senate ready for a landmark vote that could deliver a major victory to the gay community, liberals and President Barack Obama.
                    • Senators planned a procedural vote Saturday on a bill ending the Pentagon's "don't ask, don't tell" policy as lawmakers held an unusual weekend session in their race to finish the year's legislative business.
                    • If at least 60 senators vote to advance the bill as expected, the repeal, which passed the House this week, could win final passage by late afternoon.

                      More news


Advertisement

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
jomariXXXXX CVG$0.31
XXXXXXXXXX RIMM$1.64
XXXXXXXXXX CRM$0.19
GEOXXXXX PAY$0.30
mrbilltraderXXXXX POT$1.59
XXXXXXXXXX OVTI$0.43
sam farahanXXXXX TECD$0.95
XXXXXXXXXX GSS$0.05
XXXXXXXXXX ABB$0.31
adfgafg ERTS$0.48