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Laureate
John Grimes Medlin, Jr. (1933 - ) Inducted 1995 Former chairman of Wachovia Bank, John Grimes Medlin Jr. has been widely recognized for his financial career receiving the American Banker's Lifetime Achievement Award in 2002 as well as for his civic service. |
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Junior Achievement |
John Grimes Medlin Jr. was born during the depths of
the Great Depression in 1933. Money was something hard to come by and
it seems natural that he focused on banking as a potential career. He
graduated from the University of North Carolina at Chapel Hill in 1956. Medlin joined Wachovia Bank in 1959 and became a board member in 1974. During his career at Wachovia, he served as chief executive office from 1977 to 1993, when he was named as non-executive Chairman of the Board (1994 to 1998). For the State of North Carolina, Medlin chaired the Commission on the Future of Courts & Justice in NC created by the State Judicial Council which conducted a two-year study and recommendations on the state's court system. Board of directors/trustees on which he has served include Wale Forest University, Wachovia, R. J. Reynolds Tobacco Holdings, Burlington Industries, the Duke Endowment, National Humanities Center, BellSouth Corp., Media General, Inc., and US Airways Group and many more. He also served on the Advisory Committee on Banking Policy to FDIC. John G. Medlin Jr. has been Chairman Emeritus of Wachovia Corporation, a bank holding company, since 1998. He retired from Wachovia's board in April 2000. In 1995, he was inducted into the North Carolina Business Hall of Fame and in 1998 he received the Distinguished Citizens Award from the North Carolina Citizens for Business & Industry. |
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