June 2016
ALSO IN THIS ISSUE
NC banking: Mighty oak
Wilmington-based Live Oak Bank’s success relies on software that has aided its climb in a struggling industry.
How much NC bank CEOs get paid
It’s annual meeting and proxy time, that season when public companies are forced to...
NC banking: Kelly King
Kelly King has worked for BB&T for 43 years, serving as president from 1996 to June 2004 and chief operating officer from 2004 to 2008. He became CEO in January 2009 and chairman in 2010.
NC banking: Scott Custer
Scott Custer worked for Wachovia, First Union, Centura and RBC before joining Yadkin predecessor Piedmont Community Bank Holdings Inc. in 2010.
NC banking: Marc Schaefer
Marc Schaefer has been CEO of Winston-Salem-based Truliant since 1995. He was president and CEO of the FDIC Employees Federal Credit Union (now The Partnership FCU) from 1986-94.
NC banking: Rick Callicutt
Rick Callicutt has worked for BNC Bancorp since it was started in Thomasville in 1991, serving as chief operating officer until becoming CEO in June 2013.
Up front: A Drew view
A rare mix of humor, candor and vision has made Tom Drew one of our state's more colorful characters.
Town square: Trains, pains and gains
Waxhaw, near the South Carolina border is a hotspot amid Charlotte’s sprawling growth.
Free + clear: A road to nowhere
A protectionist streak runs wide this summer, causing harm long after election season is over.
NC trend: Money ball
North Carolina’s pro franchises — the Hornets, the Carolina Panthers and the Carolina Hurricanes — each charge less for tickets than the league average.
NC trend: Trash talk
Sealed Air’s Ilham Kadri shines a spotlight on the unsung heroes of offices and hospitals.
NC trend: Horsing around
Tryon International Equestrian Center expands, proving North Carolina is more than a one-horse state.
East: Princely plans
Investors have big plans for breathing life back into the Prince Charles Hotel that has served as a shining jewel of downtown Fayetteville.
West: Setting the stage
Mast General Store owner John Cooper is campaign chairman of the Appalachian Theatre of the High Country, tasked with renovating the downtown Boone theater.
Triad: Hanes gains
In April, Hanesbrands announced its eighth acquisition in six years and its largest deal ever, an $800 million bid for Aussie underwear and intimate-apparel company Pacific Brands.
Triangle: Drone zone
PrecisionHawk, a drone technology startup, is flying high with an updraft of new investment its signature software program, DataMapper.
Charlotte: Fertile crescent
Charlotte’s Crescent Communities is planning a massive project in one of Mecklenburg County’s last pockets of serene, undeveloped land.
NC banking: Moore money
Small-town guys with big-city experience, Mike Mayer and Richard Moore are turning First Bank’s sights on urbanites.