Financial Services >> CEO Interviews >> October 28, 2002
WALLACE D. MALONE JR. is Chairman and Chief Executive Officer of
SouthTrust Corporation since 1981, having joined the corporation
in 1972 as President. Previously, he had been Chairman and
President of what is now SouthTrust Bank of Dothan, Alabama. Mr.
Malone is a native of Dothan, Alabama. He received a Bachelor of
Science degree from the University of Alabama and an MBA degree
from the University of Pennsylvania. An active civic leader, Mr.
Malone is a trustee of Samford University. He is a Director of
the Business Council of Alabama, the Alabama Healthcare Council,
the Economic Development Partnership of Alabama, the Salvation
Army Advisory Board, the Public Affairs Research Council of
Alabama, the Greater Alabama Council Boy Scouts of America, and
the EyeSight Foundation of Alabama and Ellen Gregg Ingalls Eye
Research Institute, Inc. Mr. Malone is a member of the Rotary
Club of Birmingham, the University of Alabama President's
Cabinet, The Newcomen Society of the United States, the
Birmingham Business Leadership Group and the Quarterback Club of
Birmingham. Profile
TWST: Can we start out with a quick overview of SouthTrust?Mr. Malone: That's a pretty broad question. SouthTrust is a fair-
sized regional bank holding company; we operate from Texas
through