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February 2002



Wachovia CEO, four governors to address Annual Meeting

The president and CEO of the nation’s fourth-largest bank holding company, G. Kennedy Thompson of Wachovia Corp. in Charlotte, will be the keynote luncheon speaker at NCCBI’s historic 60th Annual Meeting on March 20. The dinner program will present a roundtable discussion by the state’s four living former governors -- Jim Holshouser, Jim Hunt, Jim Martin and Bob Scott.

The daylong event at the Raleigh Convention and Conference Center also will feature an extensive trade show, afternoon executive seminars and several other related events, according to an announcement by NCCBI Chairman Gordon Myers of Asheville, the Ingles Markets executive. He urged all NCCBI members to make plans to attend the Annual Meeting.

Click here to learn how to quickly reserve your Annual Meeting tickets.

“I’m very pleased with the speakers we have for the Annual Meeting because not only can they can tell us where we’re headed but also they can give us a fuller understanding of events that have forged the state we are today,” Myers said. “Our banking industry is one of the state’s most important businesses, and Ken Thompson can tell us what’s brewing in that vital sector of the economy. But to fully comprehend where we’re headed as an economy and as a society, we must understand the events that have made North Carolina what it is today. And I can think of no persons better suited to do that than the four men who have occupied center stage in North Carolina politics over the past three decades.”

The cost of attending the Annual Meeting, which is expected to attract more than 1,000 of the state’s top business, political, educational and civic leaders, is the same this year as the past several years. Luncheon tickets are $50, which includes admission to the NCCBI Expo trade show and the executive seminars. Tickets for the dinner, including the open-bar reception beforehand, are $80. Brochures containing registration materials are being mailed to all NCCBI members. Members may reserve tickets using the brochure or you can do that from the NCCBI web site, as indicated above.

Thompson, 52, was vice chairman of First Union and head of the bank’s Global Capital Markets division before being named to his present position following last year’s merger between First Union and Wachovia. He has risen through the ranks since joining the bank in 1976. A native of Rocky Mount, he was a Morehead Scholar at UNC-Chapel Hill, where he received a bachelor’s degree in American studies. He then obtained an MBA from Wake Forest.

At the end of the third quarter, Wachovia Corp. has $326 billion in assets, $181 billion in deposits and employed more than 85,000 people. It was the fourth-largest bank holding company in the U.S., the fifth-largest broker-dealer based on registered representatives and had the second-largest deposit share nationally. The bank had about 19 million customers.

Because of the hectic schedules that they all continue to maintain, the joint appearance by Holshouser, Hunt, Martin and Scott will be one of the rare occasions when all four living former governors are gathered in one place. The roundtable discussion, which will be lead by former UNC System President Bill Friday, is expected to focus on how the powers and perceptions of the governor have evolved in recent years. The four also are expected to comment on the qualities they believe future governors will need to successfully serve as the state’s CEO.

During the afternoon, the Annual Meeting will offer executive seminars on political trends and legislative session limits. The first, which will run from 2:15 to 3:15 p.m., will feature NC FREE Executive Director John Davis discussing political trends in the run-up to the coming legislative and congressional elections. The second seminar, from 3:45 to 5 p.m., will explore session limits, which will be NCCBI’s top legislative priority in the General Assembly this year. Speakers include Sen. David Hoyle (D-Gaston), sponsor of a session limits bill that has passed the Senate; Rep. Gene Arnold (R-Nash), a five-term legislator and retired businessman who is not seeking re-election; Rep. Andy Dedmon (D-Cleveland), the House Majority Whip; and Gerry Cohen, director of the legislature’s Bill Drafting Division. Moderating will be NCCBI Vice President of Governmental Affairs Leslie Bevacqua.

Click here to see the complete agenda for the Annual Meeting.


The NCCBI Expo, formerly known as the Information Exchange, will feature exhibits by more than 50 companies, the largest number of exhibitors ever. A special highlight this year will be an area dedicated to Goodness Grows in North Carolina, which identifies and promots food and agricultural products in the state. The Expo will be open from 11 a.m. to 6 p.m. There are a few booth spaces available. For information on exhibiting, call Julie Woodson at 919-836-1402.

Click here to see a list of EXPO exhibitors.

As previously announced, NCCBI will present the annual Citation for Distinguished Citizenship to James F. Goodmon, the president and CEO of Capitol Broadcasting Co., at the luncheon; and the Citation for Distinguished Public Service to Charlotte attorney Russell M. Robinson II, a founding partner in the Robinson, Bradshaw & Hinson firm, at the dinner.

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