The board on Tuesday voted unanimously to promote Chief Operating Officer Kelly S. King, the No. 2-ranking executive manager at BB&T since 2004, to succeed Allison as CEO and president. King was also elected to the board. BB&T will name a successor to King as COO at a later date.
In 1987, King was named manager of Branch Administration and, a year later, was named manager of the BB&T Banking Network. He was named president of BB&T Corporation in 1996, and succeeded Henry Williamson as chief operating officer in 2004.
King is past chair of the United Way Tocqueville Leadership Society, and a former board member of the American Bankers Association and the N.C. Citizens for Business and Industry. He has served as chairman of numerous boards, including the N.C. Rural Economic Development Center, the N.C. Bankers Association and the East Carolina University Board of Visitors.more » « less