Thomas R. Watjen and William A. Linnenbringer Join the Board of SunTrust Banks, Inc.
ATLANTA, April 27 /PRNewswire-FirstCall/ -- SunTrust Banks, Inc. (NYSE: STI) Chairman and Chief Executive Officer James M. Wells III, announced today that Thomas R. Watjen and William A. Linnenbringer have been elected to SunTrust's Board of Directors.
"We welcome Tom Watjen and Bill Linnenbringer to the SunTrust Board and look forward to benefiting from the unique and valuable perspectives they can bring to our organization," said Mr. Wells at today's annual meeting of SunTrust shareholders.
Mr. Watjen is president and chief executive officer of Unum Group, one of the leading providers of employee benefits products and services in the United States and the United Kingdom. He joined Provident, a Unum predecessor company, in 1994 as executive vice president and chief financial officer and subsequently held a series of executive positions until being named president and chief executive officer of Unum Group in 2003. He serves on the boards of directors of The American Council of Life Insurers and America's Health Insurance Plans (AHIP), and is a member of the Financial Services Roundtable.
Mr. Linnenbringer is a retired partner of PricewaterhouseCoopers LLP. In his 32-year career with PricewaterhouseCoopers LLP and its predecessor firm of Price Waterhouse LLP, he held numerous leadership positions, including managing partner for the U.S. banking and financial services industry practice, chairman of the global financial services industry practice, and serving as a member of the firm's policy board and world council of partners. He also serves as a director of TeleTech Holdings, Inc., and chairs its audit committee.
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2010, SunTrust had total assets of $171.8 billion and total deposits of $118.8 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and investment banking services. SunTrust's Internet address is suntrust.com
SOURCE SunTrust Banks, Inc.
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