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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 This material may not be published, broadcast, rewritten or redistributed.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 78 78 7,750
MORTGAGES 100 100 9,764
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 17,136
BANKRUPTCIES 49 49 6,314
BUSINESS LICENSES 27 27 2,865
UTILITY CONNECTIONS 0 0 9,124
MARRIAGE LICENSES 42 42 2,145

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