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The Libertarian think tank has turned to the veteran banking veteran to resolve a longstanding battle between its co-founders.
June 25 -
John A. Allison, who retired two weeks ago from a nearly 20-year term as chief executive of BB&T Corp., is renowned for his candor. In an interview last week at BB&T's corporate headquarters, he was true to form.
January 14
John A. Allison is planning to retire from the board of BB&T (BBT) in Winston-Salem, N.C.
Allison, who led the $182 billion-asset company for two decades before
"When I retired as chief executive officer, I expected to remain on the board until I turned 65, so the time has come for me to focus all of my energy to promoting free-market capitalism," Allison said in a press release Wednesday. "For me, this is a cause that is critical to the future success of our country."
"The importance of John's leadership to BB&T for more than 35 years is immeasurable," BB&T Chairman and CEO Kelly King said in the release. "He will be missed. John's passion for free markets makes him a relentless advocate in Washington."
