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During his tenure as chairman and CEO, Mr. McColl grew the institution from $12 billion in assets in 1983 to $642 billion in assets, $364 billion in deposits, and $48 billion in shareholders’ equity upon his retirement in April 2001. Additionally, the total shareholder return of Bank of America’s stock averaged 17% per year during Mr. McColl’s tenure as CEO. Since retiring from his 42 ...
1. Dez. 2020 · Nearly a decade passed after Hugh McColl’s retirement before he again enjoyed the view from the top floor of the Bank of America Corporate Center. Even with access to the executive dining room on the 58th floor, he chose to lunch with McColl Partners analysts at blue-collar cafés. If he was looking for something a little more upscale, he ...
18. Jan. 2024 · Charlotte City Council voted to name the park after Hugh L. McColl Jr., the philanthropist and former Bank of America Chairman and CEO, in March 2023. In putting together potential designs for McColl Park, the HOOD team considered the history of the area as it relates to Indigenous people, the American Revolution, and the park itself, according to a press release on Thursday night.
Falfurrias Management Partners (FMP) was founded in 2006 by Hugh McColl, Marc Oken, and Ed McMahan as an operationally focused lower middle market buyout firm. Falfurrias leverages a differentiated Industry First approach, partnering with proven management teams and advisors with relevant experience to build durable and sustainable companies.
28. Sept. 1999 · Time investment columnist Daniel Kadlec proclaimed Hugh McColl a "master of the universe" earlier this year in his book on America's greatest deal makers. Even before McColl's stunning takeover of BankAmerica, Kadlec had slated him to be included in his book because of his successful acquisition of 50 banks over 15 years.
- Ross Yockey
19. Apr. 2023 · Myles McGregor, the 25-year-old driver and owner of the luxury transportation service Charlotte Immaculate, laughs at the discomfort he’s causing McColl, the 87-year-old banking legend and perhaps the most powerful person in Charlotte history. They’ve been together now, driver and passenger, Gen Z and octogenarian, white banking legend and ...
31. Aug. 2017 · What Hugh McColl realized, and other people realized this, too, is, look, if you could have branches in all of these different regions, you would reduce the fragility of each individual bank. And ...
