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SunTrust investors approve new board member

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April 27, 2011

SunTrust Banks added the former head of Legg Mason Capital Management to its board of directors.

Kyle Prechtl Legg was elected to the board by shareholders Tuesday. The former bank analyst with Alex Brown & Sons joined Legg Mason in 1991, becoming president in 1997 and later CEO. She is also an Eastman Kodak Co. director.

SunTrust announced her nomination in February. Directors Larry L. Prince and Karen Hastie Williams retired from the board Tuesday.

About the Author

J. Scott Trubey is the senior editor over business, climate and environment coverage at The Atlanta Journal-Constitution. He previously served as a business reporter for the AJC covering banking, real estate and economic development. He joined the AJC in 2010.

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