John Woods, AmSouth executive -- Rest in Peace

[ Show ]

Support VoyForums

[ Shrink ]

VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

[ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, [6], 7, 8, 9, 10 ]

Subject: John Woods, AmSouth executive

Author:
Birmingham

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Date Posted: November 13, 2002 7:30:04 EDT

John Woods, a former AmSouth Bancorp. executive who helped transform Birmingham into a financial hub, died Monday after an illness. He was 71.

Woods served as the bank's chief executive officer from 1972 to 1995.

AmSouth grew from $800 million to $18 billion in assets during that period, when Alabama law allowed banks to acquire out-of-state banks. Woods bought dozens, and Birmingham grew from a steel manufacturing city into the nation's fourth-largest banking center.

Four of Alabama's banking companies now rank among the nation's top 50, and 57,000 Alabamians work in the banking industry.

AmSouth is part of the Standard & Poor's 500 stock index, operates in six states, employs 11,900 people and has $40 billion in assets.

[ Next Thread | Previous Thread | Next Message | Previous Message ]