Wachovia
Wachovia was a diversified financial services company based in Charlotte, North Carolina. Before its acquisition by Wells Fargo and Company in 2008, Wachovia was the fourth-largest bank holding company in the United States, based on total assets. Wachovia provided a broad range of banking, asset management, wealth management, and corporate and investment banking products and services. At its height, it was one of the largest providers of financial services in the United States, operating financial centers in 21 states and Washington, D.C., with locations from Connecticut to Florida and west to California. Wachovia provided global services through more than 40 offices around the world.
John Medlin
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. 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.