John Allison, Former BB&T CEO to Join Wake Forest Schools of Business

3.17.2009 General, News Release, School News

WINSTON-SALEM, N.C. – Wake Forest University is pleased to announce that John A. Allison IV, chairman and former CEO of BB&T Corporation, will join the faculty of the Schools of Business as Distinguished Professor of Practice.

Mr. Allison will work with students to prepare them for the workforce and to supplement Wake Forest’s professional development programs. Long respected as an intellectually engaged corporate leader, he will also continue an aggressive writing and speaking schedule.

"Our students will benefit from hearing John, who is a gifted teacher in the classroom, but the strongest benefit will be the interactions and mentoring relationships that will come from having him as a valued member of the Wake Forest community," said Steve Reinemund, dean of business and former chairman and CEO of PepsiCo.

Mr. Allison is a graduate of the University of North Carolina, the Fuqua School of Business at Duke University, and the Stonier Graduate School of Banking at Rutgers University. He has received honorary doctoral degrees from East Carolina University, Mount Olive College, Clemson University, and Marymount University. After a thirty-eight year career with BB&T, the 11th largest bank in the United States with $152 billion in assets, he retired as CEO in December 2008, and will remain chairman of the Board until the end of 2009 and on the Board thereafter.

The Wake Forest University Schools of Business offer undergraduate programs in finance, accounting, mathematical business, and enterprise management through the Calloway School of Business and Accountancy and graduate programs including a Master of Business Administration, Master of Science in Accountancy and Masters of Arts in Management through the Babcock Graduate School of Management.