Articles by Maria Saporta

Genuine Parts honors the late Wilton Looney and Larry Prince with a garden

Had he lived 11 more months, Wilton Looney would have celebrated his 100thbirthday on April 18.Looney became president of Genuine Parts in 1955 before becoming its CEO six years later – remaining in that role until his retirement in 1990.He was succeeded by Larry Prince, who served as CEO of the Fortune 500 company’ until 2005.Tragically, Prince died of cancer on March 5, 2019 at the relatively young age of 80.

Georgia Bio CEO: Investment in life sciences has produced 14.9 percent growth in jobs

Georgia’s life science industry has experienced a 14.9 percent growth in employment during the past decade, according to the results of the 2019 Georgia Life Sciences State of the Industry Report released Wednesday morning.That was nearly double the growth of life sciences employment nationally – 7.7 percent – over the same decade (2007 to 2017).

SunTrust CFO Allison Dukes to leave bank after BB&T merger

One of the key executives at SunTrust Bank – Allison Dukes – has chosen to not join the new bank formed by the merger of SunTrust and BB&T.Dukes is the chief financial officer of SunTrust and she already had been identified as one of the SunTrust executives who would be part of the executive management team of the merged bank, which will be based in Charlotte, N.C.

Kemp glad nothing happened on state takeover of Atlanta airport

Georgia Gov. Brian Kemp told the Rotary Club of Atlanta Monday that sometimes you can be thankful that legislation never made it out of the Georgia legislature.In this case, he was referring to bills that would have either involved a state takeover of Atlanta’s Hartsfield-Jackson International Airport or would have created a legislative oversight committee to review the airport’s operations.

Delta CEO Ed Bastian: Don’t politicize the operations of the Atlanta airport

Delta Air Lines CEO Ed Bastian on Monday  shied away from commenting specifically about an effort in the Georgia House  to create an oversight committee rather than a full takeover of Hartsfield-Jackson International Airport.Bastian, who spoke before the Rotary Club of Atlanta Monday, gave a brief interview with the Atlanta Business Chronicle after his talk.

SunTrust gives $5M for Atlanta’s Westside revitalization effort

The SunTrust Foundation presented the Westside Future Fund a $5 million grant Monday morning to support more affordable housing and provide entrepreneurial and small business opportunities for community residents.SunTrust CEO Bill Rogers said the grant, the single largest gift in the foundation’s history, had been in works before the bank announced its merger with BB&T.

Georgia Trust launches West Atlanta preservation initiative

By Maria Saporta A model partnership for preservation, sustainability and permanent affordability held a kickoff ceremony Wednesday along the Atlanta BeltLine Westside Trail. The project includes the rehabilitation of two historic properties and the possible development of a new home along the Westside BeltLine. The Georgia Trust for Historic Preservation purchased the three properties from […]