John F. Watlington Jr., the former chairman and chief executive officer of Wachovia Corp. who helped usher it into the modern era, died Monday. He was 88.

A spokesman for the banking company said Mr. Watlington had Parkinson's disease.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.