SunTrust Names Stan Little President of the SunTrust Foundation
ATLANTA, March 13, 2018 /PRNewswire/ -- SunTrust Banks, Inc., (NYSE: STI) has named Stan Little president of the SunTrust Foundation, effective March 16. The SunTrust Foundation advances financial well-being while contributing to the social, cultural and economic development of communities across the company's markets.
Little will report to Susan Somersille Johnson, SunTrust chief marketing officer. He succeeds David Fuller, who previously announced his plans to retire effective March 31. "David transformed the SunTrust Foundation by aligning our philanthropic strategy to our purpose of Lighting the Way to Financial Well-Being and focusing giving on efforts that build financial confidence," said Somersille Johnson. Under Fuller's leadership, the foundation saw its highest level of giving in 2017, with $16.9 million in grants awarded to more than 1,400 educational institutions and nonprofits. He also spearheaded the first National Financial Well-Being Summit, convening top thought leaders across the country to discuss opportunities for advancing financial education.
Little will expand upon these efforts with more than 25 years of experience in various venture-backed and Fortune 100 technology companies, holding senior roles in sales, corporate development, business operations and marketing. He joined SunTrust in 2015 as senior vice president, Marketing Strategy and Operations. Previously, Little led International Marketing at NCR Corporation.
"Stan brings a strong combination of philanthropic experience, strategic business planning and community partnerships to the role," said Somersille Johnson. "He will build on the foundation's framework, deepening strategic alliances with nonprofit partners to enhance our collaborative approach to strengthening communities."
Little is currently chairman of the board of North Fulton Community Charities and held director and advisory positions with other private companies and nonprofit organizations. He served in an advisory capacity with the Federal Communications Commission and The College Board. Active in the community, he also served as an adjunct professor of business management and entrepreneurial strategy at Georgia State University's J. Mack Robinson College of Business.
Little earned his Bachelor of Science in electrical engineering from Duke University, Master of Science in electrical engineering from Purdue University and Master of Business Administration from the Haas School of Business at the University of California, Berkeley.
Established in 2008, the SunTrust Foundation has proudly provided grants totaling more than $128 million throughout the Southeast and Mid-Atlantic regions to nonprofits such as Autism Speaks, ClearPoint, Grameen America, Junior Achievement, Operation HOPE and United Way, to name a few. For more information on SunTrust Foundation grants, visit the website.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. 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 December 31, 2017, SunTrust had total assets of $206 billion and total deposits of $161 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.
About SunTrust Foundation
The SunTrust Foundation is dedicated to the company's purpose of Lighting the Way to Financial Well-Being by engaging organizations to advance financial confidence. Grants and activities focus primarily on financial empowerment, but also include education, health and human services, civic improvement and cultural growth. The SunTrust Foundation supports American Red Cross disaster relief efforts and contributes as a United Way Global Corporate Leader. Established in 2008, the SunTrust Foundation has proudly provided grants totaling more than $128 million throughout the Southeast and Mid-Atlantic regions.
SOURCE SunTrust Banks, Inc.
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