ATLANTA, April 23, 2019 /PRNewswire/ -- SunTrust Banks,
Inc. (NYSE: STI) Chairman and Chief Executive Officer William H. Rogers, Jr. today announced that
Paul Donahue has been newly elected
to the SunTrust Board of Directors. He will join nine directors who
were re-elected by shareholders for the coming year, and will
continue with the Board in the new combined company following the
proposed merger with BB&T Corporation.
"Paul Donahue is an insightful
and purpose-driven leader with extensive consumer and commercial
experience with well-respected organizations," said Rogers.
"He will offer a valuable perspective for our company and we look
forward to his many future contributions to our team."
Donahue is currently the chairman of the board and chief
executive officer of Genuine Parts Company.
Donahue joined S.P. Richards Company, the office products group
of Genuine Parts, as executive vice president sales and marketing
in 2003. He was soon after appointed president and chief operating
officer, a position he held until his election to executive vice
president of Genuine Parts in 2007. From 2009 to 2015, he was
president of the U.S. Automotive Parts Group of Genuine Parts.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. is a
purpose-driven company dedicated to Lighting the Way to Financial
Well-Being for the people, businesses, and communities it serves.
SunTrust leads onUp, a national movement inspiring Americans to
build financial confidence. Headquartered in Atlanta, the Company has two business
segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust
Bank, operates an extensive branch and ATM network throughout the
high-growth Southeast and Mid-Atlantic states, along with 24-hour
digital access. Certain business lines serve consumer, commercial,
corporate, and institutional clients nationally. As of March 31, 2019, SunTrust had total assets of
$220 billion and total deposits of
$162 billion. The Company provides
deposit, credit, trust, investment, mortgage, asset management,
securities brokerage, and capital market services. Learn more at
suntrust.com.
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SOURCE SunTrust Banks, Inc.