Financial Services >> CEO Interviews >> December 3, 2002

Scott Reed – Bb&t Corporation (bbt)

SCOTT E. REED is Senior Executive Vice President and Chief Financial officer of BB&T Corporation. Mr. Reed joined BB&T in 1972. He became Chief Financial Officer in 1981 and attained his current title in 1989. During his career at BB&T he has served as a business loan officer, branch manager, credit analysis director, manager of the Research and Statistics Department, and manager of the Finance and Control Division. As Chief Financial Officer he oversees the Financial Group which includes the Financial Management Division and the Legal Department. A Chicago native, reared in Greensboro, North Carolina, Mr. Reed obtained his undergraduate degree in Mathematics from Wake Forest University and his Master's in Business Administration at the University of North Carolina at Chapel Hill. He also is a graduate of the Stonier Graduate School of Banking, Rutgers University. Mr. Reed is very active in both local and state community affairs. Some of his current commitments include serving as Chairman of the Corporate Committee for The Campaign for Wake Forest University: Honoring the Promise, Chairman of the North Carolina Zoological Council, Trustee of the Nature Conservancy of North Carolina and as a member of the Board of Directors of Associates in Christian Counseling and Young Life of Forsyth County. He has served in leadership positions on many Boards of Directors including immediate past Chair of the North Carolina Zoological Society, immediate past Chair of NCFREE (North Carolina Foundation for Research and Economic Education). Mr. Reed has been honored by several civic groups for his active participation and leadership and received the Distinguished Alumni Award from UNC. He is also a retired Captain of the U. S. Army Reserves. Profile
TWST: Would you give us an overview and a brief history of BB&T?

Mr. Reed: BB&T Corporation, which is headquartered in Winston-

Salem, North Carolina, is a very fast-growing and