SunTrust Bank

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SunTrust Bank (SunTrust Banks, Inc.) is a large bank in the Sun Belt of the U.S. with about 1,600 branches in such southeastern states as Alabama, North and South Carolina, Florida, Georgia, Maryland, Tennessee, and Virginia. It is buying Georgia-based GB&T Bancshares. In 2006, SunTrust had revenue of US$13.3 billion with profits of US$2.1 billion. [1]

Political contributions

SunTrust Banks gave $29,000 to federal candidates in the 2006 election through its political action committee - 24% to Democrats and 76% to Republicans. [2]

Personnel

Key executives and 2006 pay: [3]          Options
exercised
L. Phillip Humann, Executive Chairman[4]    $7,565,439    N/A
James M. Wells III, Chief Executive Officer    $2,080,000    $1,540,000
Mark A. Chancy, Chief Financial Officer[5]    $1,556,851    N/A
William Henry Rogers, Jr., Corporate Executive Vice President    $983,000    N/A

Selected members of the Board of Directors: [6]

Contact details

303 Peachtree Street NE
Atlanta, GA 30308
Phone: 404-588-7711
Fax: 404-332-3875
Web: http://www.suntrust.com

Resources and articles

Related Sourcewatch

References

  1. SunTrust Banks Profile, Hoovers, accessed November 2007.
  2. 2006 PAC Summary Data, Open Secrets, accessed November 2007.
  3. SunTrust Banks Key Executives, Yahoo Finance, accessed November 2007.
  4. L Phillip Humann, Forbes, accessed November 2007.
  5. Mark A Chancy, Forbes, accessed November 2007.
  6. Board of Directors, SunTrust Banks, accessed November 2007.

 

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