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DEL.ICIO.USLinginfelter comes full circle; back working for a Birmingham-based bank
The Atlanta Journal-Constitution
Bill Linginfelter, who was reorganized out of his job as Wachovia’s Georgia president last fall, couldn’t be happier now working as the top executive for Regions Financial in Atlanta and North Georgia.
Linginfelter began working for Birmingham-based Regions Bank on Monday, and he has spent the first few days “in a whirlwind of meetings and greetings with an emphasis of getting to know employees.”
The job also means that Linginfelter is once again working for a Birmingham bank. Linginfelter had been the top Georgia executive of Birmingham-based SouthTrust until it was acquired by Charlotte-based Wachovia in 2004.
“There’s something poetic about that,” Linginfelter said, adding that there are similarities between the cultures of SouthTrust and Regions. “It says something about the strength of the Birmingham and Charlotte banking markets.”
Linginfelter said he feels “blessed” that he’s landed with Regions because he can stay in Atlanta, his home for 30 years. And although this is a difficult time for the banking industry, Linginfelter said Regions is well-positioned among its peers.
“The markets they’ve gone into have paid off,” Linginfelter said. “It’s a great opportunity. While Regions has a franchise in Georgia and a presence in Atlanta, there’s a world of potential available to the bank.”
Comments
By Jaime Rosenthal
June 30, 2008 12:17 PM | Link to this
Getting rid of the CEO and putting in a new CEO in charge was the best decision the Board of Directors of Regions Financial could take.
The merger with AmSouth Bank and convertir Regions Financial into a mortgage local bank in Florida did a lot of damage. Closing the international department which was very profitable and very safe was a big mistake.
My thought is that the previous CEO was trying to bankrupt Regions Financial. I hope the new CEO changes course.
By Jaime Rosenthal
June 30, 2008 12:19 PM | Link to this
Getting rid of the CEO and putting in a new CEO in charge was the best decision the Board of Directors of Regions Financial could take.
The merger with AmSouth Bank and converting Regions Financial into a mortgage local bank in Florida did a lot of damage. Closing the international department which was very profitable and very safe was a big mistake.
My thought is that the previous CEO was trying to bankrupt Regions Financial. I hope the new CEO changes course.
By Jaime Rosenthal
June 30, 2008 12:20 PM | Link to this
Getting rid of the CEO and putting in a new CEO in charge was the best decision the Board of Directors of Regions Financial could take.
The merger with AmSouth Bank and converting Regions Financial into a mortgage local bank in Florida did a lot of damage. Closing the international department which was very profitable and very safe was a big mistake.
My thought is that the previous CEO was trying to bankrupt Regions Financial. I hope the new CEO changes course.