Without question, the most influential board in Atlanta is the Robert W. Woodruff Foundation, the largest philanthropy in the Southeast.
Tag: Bill Rogers
Posted inLatest News
SunTrust to double its investment in community to $300 million
As it prepares to merge with BB&T, Atlanta-based SunTrust Banks will double its investment in the Atlanta community each year over the next three years.“It has been $50 million for the last three years,” said Bill Rogers, SunTrust’s chairman and CEO, in an extensive interview on Tuesday. “We are going to double that amount. It will be $100 million a year for next three years for a total of $300 million.”
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Bill Rogers, David Ratcliffe talk SunTrust deal: ‘Sadness is more than overshadowed and compensated by the excitement’
Atlanta will be losing the headquarters of its largest bank with the announced merger of SunTrust Bank and BB&T Corp. (NYSE: BBT).
But the deal is so compelling that it was worth losing the headquarters, according to two key leaders of the Atlanta bank.
