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VOL. 123 | NO. 33 | Monday, February 18, 2008

SunTrust CEO to Also Become Chairman

AP

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ATLANTA (AP) - Regional bank SunTrust Banks Inc. said Friday James M. Wells III, the company's president and chief executive, will assume the role of chairman of the board at the company's annual meeting April 29.

Wells will take over for L. Phillip Humann, who was been executive chairman since January 2007.

Wells, 61, has served as president and chief executive since January 2007.

Humann, 62, served as SunTrust's chairman, president and CEO for nine years. He will remain with the company for one year as a consultant before retiring in 2009.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 43 43 12,074
MORTGAGES 78 78 15,834
FORECLOSURE NOTICES 0 0 3,130
BUILDING PERMITS 0 0 28,832
BANKRUPTCIES 97 97 11,768
BUSINESS LICENSES 18 18 4,292
UTILITY CONNECTIONS 190 190 17,922
MARRIAGE LICENSES 43 43 3,711

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