Kelly King
Chief Executive Officer at Truist, Inc.
Net worth: 26 M $ as of 2024-03-30
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 $667,063Total Annual Compensation $667,063
STOCK OPTIONSRestricted 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 $1,528,726Total 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
Company | Date | Number of shares | Valuation | Valuation date |
---|---|---|---|---|
2023-08-06 | 668,993 ( 0.05% ) | 26 M $ | 2024-03-30 |
Kelly King active positions
Companies | Position | Start |
---|---|---|
Piedmont Triad Partnership
Piedmont Triad Partnership Miscellaneous Commercial ServicesCommercial Services Piedmont Triad Partnership operates as a business association. The non-profit company is based in Greensboro, NC. The CEO of the company is Stan Kelly. | 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 | - |
North Carolina Rural Economic Development Center, Inc.
North Carolina Rural Economic Development Center, Inc. Miscellaneous Commercial ServicesCommercial Services North Carolina Rural Economic Development Center, Inc. develops, promotes and implements sound economic strategies. It focuses on individuals with low to moderate incomes and communities with limited resources. The company was founded in 1987 and is headquartered in Raleigh, NC. | Director/Board Member | 2009-09-10 |
Triangle Community Foundation | Corporate Officer/Principal | - |
The Leadership Council | Corporate Officer/Principal | - |
Norwegian-American Chamber of Commerce, Inc.
Norwegian-American Chamber of Commerce, Inc. Miscellaneous Commercial ServicesCommercial Services Norwegian-American Chamber of Commerce, Inc. is a chamber of commerce. The non-profit company is based in New York, NY. | Director/Board Member | - |
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Former positions of Kelly King
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Training of Kelly King
East Carolina University | Masters Business Admin |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
Listed companies | 1 |
---|---|
TRUIST FINANCIAL CORPORATION | Finance |
Private companies | 40 |
---|---|
BB&T Corp.
BB&T Corp. Major BanksFinance BB&T Corp. engages in the provision of banking and trust services through its subsidiaries. It operates through the following segments: Community Banking-Retail; Community Banking-Commercial; Insurance Holdings; and Financial Services and Commercial Finance; Other, Treasury and Corporate. The Community Banking-Retail segment offers a variety of loan and deposit products, payment services, bankcard products, and other financial services. The Community Banking-Commercial segment includes commercial real estate lending, commercial and industrial lending, corporate banking, asset based-lending, dealer inventory financing, tax exempt financing, cash management and treasury services, and commercial deposit products. The Insurance Holdings segment covers property and casualty, employee benefits, and life insurance to businesses and individuals. The Financial Services and Commercial Finance segment consists of personal trust administration, estate planning, investment counseling, wealth management, asset management, corporate retirement services, capital markets and corporate banking services, corporate trust services and specialty finance products to businesses. The Other, Treasury and Corporate segment comprises of the combination of other segment that represents operating entities. The company was was founded by Alpheus Branch in 1872 and is headquartered in Winston-Salem, NC. | Finance |
Truist Bank
Truist Bank Regional BanksFinance Truist Bank provides financial services. Its services include banking, lending, insurance, trust, and wealth management solutions. The firm offers services to businesses, public agencies, local governments, and individuals. The company was founded in 1872 and is headquartered in Winston-Salem, NC. | Finance |
Deacons | Commercial Services |
The Clearing House
The Clearing House Regional BanksFinance The Clearing House provides check clearance and settlement services for banks. The company was founded in 1853 and is headquartered in New York, NY. | Finance |
North Carolina Enterprise Corp. | Finance |
American Bankers Association, Inc.
American Bankers Association, Inc. Miscellaneous Commercial ServicesCommercial Services American Bankers Association, Inc. represents, assists and provides support services to banks of different sizes and charters. Its membership includes community, regional, and money center banks and holding companies, as well as savings associations, trust companies, and savings banks. The company was founded in 1875 and is headquartered in Washington, DC. | Commercial Services |
Federal Reserve Bank of Richmond | Government |
Federal Reserve System | Government |
The Financial Services Roundtable
The Financial Services Roundtable Miscellaneous Commercial ServicesCommercial Services The Financial Services Roundtable provides advisory services to financial service industry. Its members include the leading banking, insurance, asset management, finance and credit card companies in America. The company is headquartered in Washington, DC. | Commercial Services |
North Carolina Chamber of Commerce
North Carolina Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services The North Carolina Chamber of Commerce is a business organization that serves as a Chamber of Commerce. The non-profit company is based in Raleigh, NC. The CEO of the company is S. Lewis Ebert. | Commercial Services |
Norwegian-American Chamber of Commerce, Inc.
Norwegian-American Chamber of Commerce, Inc. Miscellaneous Commercial ServicesCommercial Services Norwegian-American Chamber of Commerce, Inc. is a chamber of commerce. The non-profit company is based in New York, NY. | Commercial Services |
Triangle Community Foundation | Finance |
Foundation for the Carolinas
Foundation for the Carolinas Investment Trusts/Mutual FundsMiscellaneous Foundation for the Carolinas operates as a community foundation. It provides medical research, education, health and community development services. The company was founded in 1958 and is headquartered in Charlotte, NC. | Miscellaneous |
North Carolina Community College Foundation | |
American Bankers Council
American Bankers Council Miscellaneous Commercial ServicesCommercial Services American Bankers Council is an organization consisting of CEOs and senior leaders of over 70 midsize banks who are members of the American Bankers Association. The non-profit company is based in Washington. | Commercial Services |
Greater Raleigh Chamber of Commerce
Greater Raleigh Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services The Greater Raleigh Chamber of Commerce is a business organization that provides resources and support to small businesses in the Raleigh, NC area. The non-profit company's services include tax assistance and a small business resource guide. | Commercial Services |
Piedmont Triad Partnership
Piedmont Triad Partnership Miscellaneous Commercial ServicesCommercial Services Piedmont Triad Partnership operates as a business association. The non-profit company is based in Greensboro, NC. The CEO of the company is Stan Kelly. | Commercial Services |
United Way Tocqueville Leadership Society | |
The Leadership Council | |
Mission Emanuel | |
N.C. Center for Nonprofits | |
NC Economic Development Commission
NC Economic Development Commission Miscellaneous Commercial ServicesCommercial Services The NC Economic Development Commission provides economic development services. | Commercial Services |
Action for Children North Carolina | |
Winston-Salem Downtown Church Center | |
North Carolina Rural Economic Development Center, Inc.
North Carolina Rural Economic Development Center, Inc. Miscellaneous Commercial ServicesCommercial Services North Carolina Rural Economic Development Center, Inc. develops, promotes and implements sound economic strategies. It focuses on individuals with low to moderate incomes and communities with limited resources. The company was founded in 1987 and is headquartered in Raleigh, NC. | Commercial Services |
North Carolina Bankers Association
North Carolina Bankers Association Miscellaneous Commercial ServicesCommercial Services The North Carolina Bankers Association is a business association based in Raleigh, NC and has subsidiaries in the United States. The non-profit company's main focus is not specified in the provided metadata. The CEO of the company is Peter Gwaltney. | Commercial Services |
North Carolina Association of Financial Institutions | |
Capital City Club
Capital City Club Specialty StoresRetail Trade Capital City Club is a private social club that offers its members access to exclusive dining, social, and recreational facilities. The private company is based in Atlanta, GA. The club provides a range of amenities, including fine dining restaurants, event spaces, fitness centers, and golf courses. Members can also participate in various social and networking events organized by the club. | Retail Trade |
Raleigh Little Theater | |
Wake County Education Foundation | |
The North Carolina Partnership for Children, Inc. | |
Stewardship Development Council | |
Small Business & Technology Development Center
Small Business & Technology Development Center Personnel ServicesCommercial Services The Small Business & Technology Development Center is a management counseling and educational services provider for small and mid-sized businesses. The non-profit company is based in Raleigh, NC. The SBTDC offers confidential and mostly free-of-charge services to its clients. | Commercial Services |
Federal Advisory Council | |
Truist, Inc.
Truist, Inc. Information Technology ServicesTechnology Services Truist, Inc. provides technology solutions. It offers campaign management solution for companies and organizations and funds distribution system for delivering funds. The company is headquartered in Washington, DC. | Technology Services |
Center for Non-Profit Corp., Inc.
Center for Non-Profit Corp., Inc. Miscellaneous Commercial ServicesCommercial Services Center for Non-Profit Corp., Inc. is non-profit organization that provides advocacy, resources, training and information to strengthen non-profits. It strengthens non-profits, individually and collectively championing and protecting, advancing knowledge, convening and fostering connections, and helps non-profits stretch scarce resources. The company was founded in 1982 and is headquartered in Mercerville, NJ. | Commercial Services |
Business For Educational Success & Transformation | |
Bank Policy Institute
Bank Policy Institute Financial ConglomeratesFinance Bank Policy Institute is a nonpartisan public policy, research, and advocacy group that represents the leading banks in the United States. The private company is based in Washington and has subsidiaries in the United States. The American company's mission is to support the economy, consumers, and the financial system by providing daily assistance. | Finance |
Charlotte Executive Leadership Council | |
Truist Bank (Private Banking)
Truist Bank (Private Banking) Investment ManagersFinance Truist Bank (Private Banking) (Truist Bank-PB) is the private banking division of Truist Bank, a commercial bank headquartered in Charlotte, North Carolina. The firm was founded in 2019 and is ultimately held by Truist Financial Corp. (NYSE: TFC). Truist Bank-PB provides private banking services to financial professionals. | Finance |
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