USC Upstate News

BB&T Bank Chairman John Allison To Address Business Majors, Spartanburg Business Community

03- 23- 2009

Spartanburg, S.C. - The George Dean Johnson, Jr. College of Business and Economics at the University of South Carolina Upstate will welcome John Allison, chairman of BB&T Corporation, to Spartanburg to speak on the topic of “Principled Leadership” on Wednesday, April 15 starting at 4:00 p.m. at the Chapman Cultural Center, 200 E. St. John St.

John AllisonThere will be a brief period of questions and answers from the audience after his presentation. Tickets are free but must be obtained in advance from Darrell Parker, dean of the Johnson College of Business and Economics, by calling (864) 503-5312.

Allison began his service with BB&T in 1971 and has managed a wide variety of responsibilities throughout the bank.  He became president of BB&T in 1987 and was elected chairman and CEO in July 1989. 

When Allison took the helm of BB&T as CEO, the bank had assets of $4.5 billion. Today, with Allison now serving as chairman, the bank’s assets are valued over $152 billion and the bank is the 11th largest financial institution in the country. In 2008 he was nominated by Morningstar as one of the best CEO’s of the year. This remarkable progress has occurred as the nation’s economy has come into crisis, and through his leadership, Allison is recognized for positioning the bank to be insulated from the crisis.

For further information on the speaker, contact Jeff Smith, professor of management at (864) 503-5531 or jeffsmith@uscupstate.edu. For directions to the Chapman Cultural Center, visit www.chapmanculturalcenter.org.