ATLANTA--(BUSINESS WIRE)--SunTrust Banks, Inc. (NYSE: STI) today announced that Ellen M. Fitzsimmons will join the company as general counsel and corporate executive vice president, succeeding Raymond D. Fortin who previously announced his intention to retire following a distinguished 40-year career. Effective January 8, Fitzsimmons will report to SunTrust Chairman and CEO Bill Rogers, and serve as corporate secretary of the SunTrust Board of Directors.
Fitzsimmons will oversee all legal affairs of the company and become a member of the SunTrust Executive Council. “Ellen Fitzsimmons has a strong business and legal background in addition to experience working with regulatory agencies and ensuring high standards for compliance and client service,” said Rogers. “She will provide valuable counsel and insight to SunTrust as we both grow our business and fulfill our purpose of advancing financial well-being.”
Fitzsimmons was previously executive vice president of law and public affairs, general counsel and corporate secretary of CSX Corporation, a position held since 2003. She joined CSX in 1991 after several years with the law firm of Hunton & Williams in Richmond, Va. Fitzsimmons earned a Juris Doctor from Georgetown University Law Center and a bachelor’s degree from Virginia Tech. She is a member of the Virginia Bar, and currently serves on the board of Ameren Corporation and the board of trustees for Washington & Lee University.
Ray Fortin has been general counsel since 1995. He joined SunTrust in 1989 after serving as staff counsel at the Citizens and Southern Georgia Corporation. Fortin earned a Juris Doctor from the University of Florida School of Law. He chairs the Georgians for Lawsuit Reform, and is past president of the Corporate Counsel Section of the State Bar of Georgia.
“Ray Fortin has earned the respect of our company and the industry,” Rogers said. “His counsel to our Board and leadership team has contributed to consecutive years of performance improvement and strengthened relationships with many of our constituents. His commitment to our clients and communities will have lasting results for years to come.”
About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of September 30, 2017, SunTrust had total assets of $208 billion and total deposits of $163 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Join the movement at onUp.com.