John Allison - October 2009
John A. Allison is former Chairman and CEO of BB&T Corporation, one of the largest financial services holding companies headquartered in the United States. Mr. Allison began his service with BB&T in 1971 and has managed a wide variety of responsibilities throughout the bank. He became president of BB&T in 1987 and was elected Chairman and CEO in July 1989. During Mr. Allison's tenure as CEO from 1989 to 2008, BB&T grew from $4.5 billion to $152 billion in assets. In March 2009, he joined the faculty of Wake Forest University School of Business as Distinguished Professor of Practice.
Allison is a Phi Beta Kappa graduate of the University of North Carolina at Chapel Hill, where he received a B.S. degree in business administration (1971). He received his master's degree in management from Duke University (1974). He is also a graduate of the Stonier Graduate School of Banking and has received Honorary Doctorate Degrees from Clemson University (2005), East Carolina University (1995), Mount Olive College (2002), Marymount University (2008), and Mercer University (2009). Allison received the Corning Award for Distinguished Leadership in 2009.
He serves on the Wake Forest University Baptist Medical Center Board of Visitors, the Board of Visitors at the Fuqua School of Business at Duke University and the Kenan-Flagler Business School at UNC-Chapel Hill. He is also a member of the boards of directors of the Independent College Fund and the Global TransPark Foundation.