-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qq7eNfuMMrsjbxTZjYFNa3cX2Q8Yt7B3T7LC+YbIHnbOhC5QdRTVaAdO3YovuapJ XNxLpAZr8MT/JEeoQsx2Ng== 0000092230-09-000080.txt : 20090828 0000092230-09-000080.hdr.sgml : 20090828 20090828162812 ACCESSION NUMBER: 0000092230-09-000080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20090825 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090828 DATE AS OF CHANGE: 20090828 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BB&T CORP CENTRAL INDEX KEY: 0000092230 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 560939887 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10853 FILM NUMBER: 091043574 BUSINESS ADDRESS: STREET 1: 200 WEST SECOND STREET CITY: WINSTON-SALEM STATE: NC ZIP: 27101 BUSINESS PHONE: 3367332000 MAIL ADDRESS: STREET 1: 200 WEST SECOND STREET CITY: WINSTON-SALEM STATE: NC ZIP: 27101 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN NATIONAL CORP /NC/ DATE OF NAME CHANGE: 19920703 8-K 1 glover8k.htm glover8k.htm - BB&T

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 8-K
Current Report

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

August 25, 2009
Date of Report (Date of earliest event reported)

BB&T Corporation
(Exact name of registrant as specified in its charter)

Commission file number : 1-10853

North Carolina  56-0939887 
(State of incorporation)  (I.R.S. Employer Identification No.) 
 
 
 
200 West Second Street   
Winston-Salem, North Carolina  27101 
(Address of principal executive offices)  (Zip Code) 

(336) 733-2000
(Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     On August 25, 2009, upon the recommendation of the Nominating and Corporate Governance Committee, the Board of Directors of BB&T Corporation (the "Company") elected J. Littleton Glover Jr. as a director of the Company. On August 25, 2009, Mr. Glover also was appointed to the Compensation Committee and the Nominating and Corporate Governance Committee, both of which are committees of the Board of Directors. As a non-management director, Mr. Glover will receive compensation that is consistent with the compensation received by the other non-management members of the Board. These compensatory arrangements are described under the heading "Compensation of Directors" in the Company’s Proxy Statement relating to its Annual Meeting of Shareholders for 2009. In addition, Mr. Glover’s son-in-law, John Michael Connor Jr., currently is employed as a broker for CRC Insurance Services, Inc., an affiliate of the Company ("CRC"). Because Mr. Connor is an immediate family member of Mr. Glover, the Company has determined that Mr. Connor’s employment with CRC constitutes a related person transaction, as contemplated by Item 404(a) of Regulation S-K. Mr. Connor received compensation from CRC for calendar year 2008 of approximately $400,000.

ITEM 9.01 Financial Statements and Exhibits 
 
Exhibit No. Description of Exhibit
 
Ex 99.1 Copy of Press Release announcing the election of Mr. J. Littleton Glover Jr. as a director of BB&T Corporation.

S I G N A T U R E

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BB&T CORPORATION
(Registrant)

By: /S/ EDWARD D. VEST

Edward D. Vest
Executive Vice President and Controller
(Principal Accounting Officer)

Date:  August 28, 2009


EX-99.1 2 exhibit991.htm exhibit991.htm - BB&T

Exhibit 99.1

News Release

BB&T
BB&T Corporation

Corporate Communications
200 W. Second St.
Winston-Salem, N.C. 27101

Aug. 26, 2009

FOR IMMEDIATE RELEASE

Contacts:     
ANALYSTS    MEDIA 
Tamera Gjesdal    Cynthia Williams 
Senior Vice President    Senior Vice President 
Investor Relations    Corporate Communications 
(336) 733-3058  (336) 733-1478 

Metro Atlanta lawyer and businessman named BB&T director

     WINSTON-SALEM, N.C. – The directors of BB&T Corporation (NYSE: BBT) on Tuesday elected J. Littleton “Litt” Glover Jr., a metro Atlanta lawyer and commercial real estate developer, to the corporate board.

     Glover, 66, joins the BB&T corporate board after 10 years as a director of Branch Banking and Trust Company, the principal subsidiary of Winston-Salem, N.C.-based BB&T Corporation.

     “Because Litt has been a member of our bank board for a decade now, he clearly knows our organization well,” said BB&T Chairman John Allison. “By the same token, we’ve gotten to know and respect him very much as well. He’ll undoubtedly be a great addition to our corporate board of directors.”

     Glover is president and a director of Glover & Davis, P.A., one of the oldest and largest law firms in west Georgia. Founded by his father more than 70 years ago in Glover’s hometown of Newnan, it is a general service law firm with an emphasis on business matters.

     For the last 30 years, Glover has also served as an executive officer of the Batson-Cook family of construction and development companies. He is president and chief executive officer of Batson-Cook Development Company, a 46-year-old real estate development firm that focuses on commercial developments of all types in the southeastern United States. Its developments have included office parks, retail centers, condominium projects, public-private partnerships and other mixed-use projects. Glover is also corporate vice president and general counsel of its 94-year-old sister company, Batson-Cook Company, a commercial general contracting firm with offices in Atlanta and West Point, Ga., and Tampa and Jacksonville, Fla.

MORE


     “Litt has been a leader in Atlanta for many years now, both as an attorney and commercial real estate developer,” said BB&T Chief Executive Officer Kelly King. “We can only benefit as a board from his experience, business acumen and personal values.”

     Glover is a member of the American Bar Association, the District of Columbia Bar, and is a past president of the state Bar of Georgia. He is a graduate of Vanderbilt University and the University of Virginia School of Law.

     “As a longtime Branch Banking and Trust Company board member, I’ve been very impressed with BB&T from day one of our relationship,” Glover said. “BB&T is a company of the utmost integrity that truly believes in highly attentive and thorough service.

     “I’m thrilled to serve on the board of such a well-respected organization that believes in doing everything possible to help its clients achieve economic success and financial security.”

     Glover is the second addition to the 19-member BB&T Corporation board of directors this year. Piedmont Natural Gas Chief Executive Officer Tom Skains was elected to the board in June.

     At June 30, BB&T Corporation had $152.4 billion in assets and was the nation’s 11th largest financial holding company. Founded in 1872, it operates more than 1,500 financial centers in 11 states and Washington, D.C. More information about the company is available at BBT.com.

###


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