John Medlin

John Grimes Medlin Jr. (November 23, 1933 – June 7, 2012) was the Chief Executive Officer of Wachovia from 1977 to 1993.[1] He also served as Chairman of the bank from 1988 to 1998.[2][3]

John Medlin
BornNovember 23, 1933
Elevation, North Carolina, U.S.
DiedJune 7, 2012
Alma materUniversity of North Carolina at Chapel Hill
OccupationBusiness executive

Personal life

Medlin was born in Elevation, North Carolina to John G. Medlin Sr. and Mabel Stephenson.[1] He grew up on the family farm, moving to Benson, NC, during high school. The first member of his family to attend college, he studied at the University of North Carolina on a Navy scholarship. He obtained a bachelor of science in business administration from the University of North Carolina at Chapel Hill in 1956.[1]

Career

After graduating from college, Medlin served in the U.S. Navy as a paymaster aboard a submarine support ship from 1956 to 1959. After leaving the Navy, Medlin joined Winston-Salem-based Wachovia the same year. He was named president in 1974 and CEO in 1977.[4] During his time as CEO, Wachovia's assets grew from $3.6 billion to $35.3 billion, making it the 20th largest bank in the country.[2][5]

Honors

In 1995, Medlin was inducted into the North Carolina Business Hall of Fame. He was honored in 1998 as the recipient of the Distinguished Citizens Award from the N.C. Citizens for Business & Industry. The North Carolina Bar Association honored Medlin "for outstanding contributions to the administration of justice in North Carolina” in 2008.[6] In the 1990s, Medlin was appointed by Chief Justice James G. Exum to serve on the North Carolina State Judicial Council and as chairman of the commission on the Future of Justice and the Courts in North Carolina.[7]

Death

Medlin died on June 7, 2012, from a heart attack while playing tennis.[4]

gollark: I am aware of this, although I don't think this is particularly useful compared to just backing up to AWS Glacier and whatever.
gollark: Actually, I could do it once on the short video and concat it 2770 times, that might work.
gollark: Good* reasons. And I'm aware of better codecs, but actually reencoding it would burn my CPU.
gollark: Anyone know about video file meddling? I want to upload a 10 hour loop of a 13 second video to YouTube, but just concatenating it 2770 times with `ffmpeg` produced a 3GB file before I ran out of /tmp space, so can I just edit the headers somehow to make stuff *play* it as if it's 10 hours?
gollark: It's a shame the only disc-playing things I have around are a DVD drive I might possibly maybe need eventually and an old CD player.

References
  1. "John G. Medlin, Jr". Nndb.com. Retrieved 2012-06-09.
  2. Arnold, Laurence (1933-11-23). "John Medlin, Wachovia CEO as Assets Grew 10-Fold, Dies at 78". Bloomberg. Retrieved 2012-06-09.
  3. John G. Medlin Jr. "John G. Medlin Jr. - Wells Fargo - Guided By History Blog". Blog.wellsfargo.com. Archived from the original on 2012-12-16. Retrieved 2012-06-09.
  4. Rothacker, Rick. "Long-time Wachovia CEO John Medlin Jr., 78, dies". Reuters. Retrieved 2012-06-09.
  5. Dunn, Andrew (2008-05-19). "Banking 'icon' John Medlin dies at 78". Charlotteobserver.com. Archived from the original on 2013-01-19. Retrieved 2012-06-09.
  6. Medlin Honored By NCBA Board of Governors
  7. "Judicial Independence Requires More Resources and Greater Management Flexibility" Archived 2012-06-16 at the Wayback Machine by John Medlin and Rhoda Billings


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