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DEL.ICIO.USLinginfelter to join Regions Bank
The Atlanta Journal-Constitution
Starting Monday, Bill Linginfelter, former CEO of Wachovia-Georgia, is joining Regions Bank as the top executive in Atlanta and North Georgia.
This will permit Linginfelter to fulfill his wish to remain in Atlanta and to stay within the banking industry.
Linginfelter left Wachovia last fall after the North Carolina-based bank reorganized its corporate structure and eliminated the position of a Georgia president.
Regions, which is based in Birmingham, Ala., was founded in 1971 as First Alabama Bancshares, Alabama ‘s first multi-bank holding company.
Two recent mergers have greatly expanded the bank’s footprint. Four years ago, Regions acquired Memphis-based Union Planters Corp.; and in November, 2006, Regions merged with Birmingham-based AmSouth Bancorporation.
According to its website, Regions Financial Corp. is one of the top 10 bank holding firms in the country with about $140 billion in assets and nearly $100 billion in deposits.
Linginfelter has been an active civic player, serving on the executive committee of the Metro Atlanta Chamber of Commerce and as vice chairman of the Georgia Research Alliance. He also has had a number of other leadership roles at Atlanta’s United Way and with the Woodruff Arts Center.
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Comments
By Bob
June 20, 2008 7:29 PM | Link to this
It is clear that the good ole boy network is alive. This company will not benefit one bit from this hire. What about promoting from within? Promoting someone who has worked for the company for many years. Nope. The little guy never gets a break.
By Brad
June 20, 2008 10:54 PM | Link to this
Does anyone know where Peter Miller is now?-Former CEO of First National-Gainesville and merged it to form the main Regions Bank of Georgia. I thought of him as a great executive, he was recently Regional President-Regions of Georgia, Carolinas and Florida
By Dowd
June 21, 2008 6:02 PM | Link to this
Since Regions merged with Amsouth, all of the Regions executives were purged from the company.
By tallpitcher
June 22, 2008 10:31 PM | Link to this
Bill Linginfelter is a first class guy, a shrewd banker and stalwart in the community.Great hire for Regions!
By tallpitcher
June 22, 2008 10:32 PM | Link to this
Bill Linginfelter is a first class guy, a shrewd banker and stalwart in the community.Great hire for Regions!
By Bill
June 23, 2008 10:11 AM | Link to this
They don’t call Wachoiva Walk-over-ya for nothing.