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Cole takes NCCBI gavel pledging to focus on basic issues

See a list of other NCCBI officers and new board members

Sue W. Cole of Greensboro, the president and CEO of U.S. Trust Co. of North Carolina, was installed March 19 as 2003-04 chair of NCCBI during the association’s 61st Annual Meeting in Raleigh. She told the Board of Directors that she would focus on such basics as membership services, lobbying for core business issues and enhancing the association’s financial structure. Cole becomes the first woman to lead the organization in its 61-year history. She succeeds Jim Hyler of Raleigh, the vice chairman and COO of First Citizens Bank.

In her remarks during the board’s annual business meeting, Cole said, ”My personal bias is to create new things, to create change. But what we need to do is to focus on the basics. We need to maintain and improve the financial basis of the organization. We need to focus on membership, and remember that retaining a member is as important as getting a new member. We need to listen to our constituencies, which includes lobbyists and legislators. We need to expand our influence with legislators and we need to focus on some basic business issues.”

U.S. Trust Company of North Carolina has offices in Greensboro, Charlotte and Raleigh and maintains about 750 client relationships in the Carolinas, Georgia, Kentucky, Tennessee and West Virginia. The private banking firm has assets under administration exceeding $3.4 billion.

Cole downplays the importance of being the first woman to lead NCCBI, which serves as the state chamber of commerce and state manufacturers association. “You wear a tie, I wear high heels,” she is fond of saying. “I contend that both are pretty uncomfortable and inconvenient.”  In a cover story about her to be published in the April issue of the North Carolina Magazine, she says: “The image of North Carolina — and thus NCCBI — over the years has been that of a more conservative, white-male environment. NCCBI has, and should, reflect the business community at large. Today, the number of female lawyers, doctors, professionals, business owners, board members and management trainees — they’re all rising. NCCBI’s membership reflects that and will continue to do so, and thus the association’s leadership is following suit.”

Cole is a 1972 graduate of the University of North Carolina at Greensboro, where she majored in business administration and economics. She earned her master’s of business administration from UNC-G in 1977. Before joining U.S. Trust in 1987, Cole served as a senior vice president at North Carolina National Bank, where she oversaw corporate banking services in the Greensboro area and managed the retail branch system.

Cole currently serves as a trustee of UNC-G and is a member of the CEO Advisory Council for Guilford Technical Community College. She was chairman of the Greensboro Area Chamber of Commerce in 1993. She also has served as chairman of the UNC-G Bryan School of Business & Economics Advisory Board, chairman of the Guilford College Board of Visitors, and president of the Greensboro Center City Corporation. Cole and her husband, Gordon, have two daughters.

The new officers and board members who will serve in the year ahead were announced at the Annual Meeting. They are as follows:

First Vice Chair: Barry W. Eveland, IBM’s top executive in North Carolina, will replaces Bill Coley, the Duke Power Co. president who retired last month. A career IBM employee, Eveland is a native of Pennsylvania and a graduate of Lehigh University. He has managed IBM’s operations in North Carolina since 1993.

Second Vice Chair:
Stephen Miller of Asheville, senior vice president of The Biltmore Company, will serve as NCCBI’s Second Vice Chair in the year ahead and will lead the association’s annual membership campaign. Miller has worked for The Biltmore Company since graduating from UNC-Chapel Hill. Miller, who oversees the new Inn on Biltmore, is active in civic affairs in the Asheville area, especially in the healthcare field as chair of the Memorial Mission-St. Joseph’s Hospital board.

Treasurer: Stephen K. Zaytoun of Cary, president of the Zaytoun & Associates Inc. insurance brokerage company, will serve as NCCBI treasurer in the year ahead. He succeeds Horace Johnson of Ernst & Young in Raleigh, who has given several years of beneficial service to the association in that important volunteer role. Zaytoun, a 1979 graduate of UNC-Chapel Hill, is active in civic affairs in Cary and is a former chair of the Cary Chamber of Commerce.

New and Re-elected Board Members:
FOUR-YEAR TERM: David S. Brody, Brody Associates, Kinston; Michael R. Coltrane, CT Communications Inc., Concord; J. Keith Crisco, Asheboro Elastics Corporation, Asheboro; Sharon A. Decker, Doncaster, Rutherfordton; Michael Edwards, Weyerhaeuser, Fort Mill, SC; Marye Anne Fox, North Carolina State University, Raleigh; Julie A. Garella, McColl Garella LLC, Charlotte; Glenn R. Jernigan, Glenn R. Jernigan & Associates, Fayetteville; Chief Leon D. Jones, Eastern Band of Cherokee, Cherokee; Dr. Nannerl O. Keohane, Duke University, Durham; James R. Konneker, The Kelly-Springfield Tire Co., Fayetteville; Robert F. Lowe, Lexington State Bank, Lexington; Robert L. Mattocks II, Jenkins Gas & Oil, Inc., Pollocksville; Louise F. McColl, McColl & Associates, Wilmington; Henry A. Mitchell, Smith, Anderson, Blount, Dorsett,,  Mitchell & Jernigan, Raleigh; Charles D. Owen III, Charles D. Owen Manufacturing Co. Inc., Swannanoa; C. Steve Parrott, Sprint, Wake Forest; J. Eric Pike, Pike Electric Inc., Mount Airy; Orage Quarles III, The News & Observer, Raleigh; Joseph E. Thomas, Stallings & Thomas Inc., New Bern; Dennis A. Wicker, Helms Mulliss & Wicker, Raleigh; John G. Winkenwerder, South Asheville Hotel/Hampton Inn Suites, Fletcher; Dr. Phail Wynn Jr., Durham Technical Community College, Durham; ONE-YEAR TERM; John L. Atkins III, O’Brien/Atkins Associates, Research Triangle Park; Mary Clara Capel, Capel Inc., Troy; Lynn M. Lail, Hickory Furniture Mart, Hickory; C. Michael Fulenwider, Fulenwider Enterprises Inc., Morganton; TWO-YEAR TERM; William F. Forsyth, Murphy Electric Power Board, Murphy; THREE-YEAR TERM; R. Horace Johnson, Ernst & Young LLP, Raleigh; Douglas L. Stafford, Lowe’s Motor Speedway, Concord.



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