James M. Wells, III

James M. Wells, III
Nationality American
Occupation Banker
Employer SunTrust Banks

James M. Wells, III. is an American businessman. He is the former Executive Chairman of the Board of SunTrust Banks Inc..[1][2][3]

Biography

James M. Wells III joined SunTrust Banks Inc. in 1976.[3] He became its CEO in 2007. As CEO of SunTrust Banks Inc. in 2008, he earned a total compensation of $8,042,275, which included a base salary of $1,077,300, stocks granted of $4,721,150, and options granted of $2,120,000.[4] He was replaced as CEO by William H. Rogers, Jr., on June 1, 2011.

He serves as a director of the Federal Reserve Bank of Atlanta, the Financial Services Roundtable, VISA U.S.A. Inc., the Crestar Financial Corporation, and the Crestar Bank, acquired by SunTrust Banks in 1998.[2][5][6]

He is a trustee of the Georgia Research Alliance.[2][7] Since November 2010, he has been the director of Operation HOPE Inc..[2] Registered as neither Republican nor Democrat, he contributed to Bush-Cheney '04 and McCain-Palin 2008.

References

  1. ↑ Suntrust Banks Board of Directors
  2. 1 2 3 4 BusinessWeek
  3. 1 2 Forbes
  4. ↑ 2008 CEO Compensation for James M. Wells, III, Equilar.com
  5. ↑ BizJournals
  6. ↑ Financial Services Roundtable Board
  7. ↑ Georgia Research Alliance Board of Trustees


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