Kelly King

Kelly King

Chief Executive Officer at Truist, Inc.

Net worth: 26 M $ as of 2024-03-30

74 year
Commercial Services
Finance
Consumer Services

Profile

Kelly S. King was born on September 12, 1948, in Raleigh, North Carolina. He serves as Chairman and CEO of BB&T Corporation.  Kelly began his career with BB&T () by joining BB&T’s Management Development Program in 1972 and has served in many roles, including manager of its Central and Metropolitan regions, Raleigh city executive, Charlotte business services manager, Statesville consumer lending manager, and banking manager for BB&T’s branch network.  In January 2009, he was named a director of the Federal Reserve Bank of Richmond. Before his appointment as CEO on Jan. 1, 2009, Mr. King was BB&T’s chief operating officer from 2004 to 2008. In December 2012, BB&T announced that they eliminated a provision in King's contract that would have required him to step down when he turns 65, effectively keeping him as CEO for a further three years.

Education
Bachelor of Business Administration, East Carolina University, Greenville, North Carolina

M.B.A., East Carolina University, Greenville, North Carolina

at Rutgers University, Newark, New Jersey

Compensation
During his first year as  CEO of BB&T in 2009, Kelly S. King  earned a total compensation of $4,469,300 broken down as follows:

ANNUAL COMPENSATION

Salary $667,063

Total Annual Compensation $667,063

STOCK OPTIONS
Restricted Stock Awards $572,577
All Other Compensation $136,177
Exercised Options 70,887
Exercised Values $624,119
Exercisable Options 528,382
Exercisable Values $166,445
Unexercisable Options 400,771
Total Value of Options $790,564

Total Number of Options 1,000,040

TOTAL COMPENSATION

Total Annual Cash Compensation $1,528,726
Total Short Term Compensation $667,063
Other Long Term Compensation $708,754

Total Calculated Compensation

$4,469,300

Other Affiliations  



Source @ Wikipedia

Known holdings in public companies

CompanyDateNumber of sharesValuationValuation date
2023-08-06 668,993 ( 0.05% ) 26 M $ 2024-03-30

Kelly King active positions

CompaniesPositionStart
Director/Board Member -
Mission Emanuel Director/Board Member -
N.C. Center for Nonprofits Director/Board Member -
Action for Children North Carolina Director/Board Member -
North Carolina Community College Foundation Director/Board Member -
Director/Board Member 2009-09-10
Triangle Community Foundation Corporate Officer/Principal -
The Leadership Council Corporate Officer/Principal -
Director/Board Member -
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All active positions of Kelly King

Former positions of Kelly King

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See the detail of Kelly King's experience

Training of Kelly King

East Carolina University Masters Business Admin

Experiences
Positions held

Active

Inactive

Listed companies

Private companies

See the detail of Kelly King's experience

Connections

100 +

1st degree connections

44

1st degree companies

Male

Female

Members of the board

Executives

See the personal network

Linked companies

Listed companies1
TRUIST FINANCIAL CORPORATION

Finance

Private companies40

Finance

Finance

Deacons

Commercial Services

Finance

North Carolina Enterprise Corp.

Finance

Commercial Services

Federal Reserve Bank of Richmond

Government

Federal Reserve System

Government

Commercial Services

Commercial Services

Commercial Services

Triangle Community Foundation

Finance

Miscellaneous

North Carolina Community College Foundation

Commercial Services

Commercial Services

Commercial Services

United Way Tocqueville Leadership Society

The Leadership Council

Mission Emanuel

N.C. Center for Nonprofits

Commercial Services

Action for Children North Carolina

Winston-Salem Downtown Church Center

Commercial Services

Commercial Services

North Carolina Association of Financial Institutions

Retail Trade

Raleigh Little Theater

Wake County Education Foundation

The North Carolina Partnership for Children, Inc.

Stewardship Development Council

Commercial Services

Federal Advisory Council

Technology Services

Commercial Services

Business For Educational Success & Transformation

Finance

Charlotte Executive Leadership Council

Finance

See company connections