Latest Robert Steel Stories

2008-07-11 12:00:51

By Richard Craver, Winston-Salem Journal, N.C. Jul. 11--The hiring of a North Carolinian as Wachovia Corp.'s chief executive gave local officials hope yesterday that the bank would remain committed to a large presence in Winston-Salem. But Allen Joines, the mayor of Winston-Salem, said that officials plan to talk with Robert Steel, the new chief executive, "sooner than later" to stress the advantages of keeping three major operations and 3,000 employees here. Steel was hired Wednesday...

2008-07-10 09:00:00

By Christina Rexrode, The Charlotte Observer, N.C. Jul. 10--Even in a coterie of strong leaders, Robert Steel stands out. As chairman of Duke University's trustees, Steel commands a 37-member board that includes a former speaker of the N.C. House, the president of Shaw University, and the head of General Motors. Fellow trustees describe him as a thoughtful listener and a steady, intelligent leader. He headed the search committee that in 2003 selected the current university president,...

2008-07-10 09:01:07

Wachovia, which provides retail banking and brokerage, asset and wealth management services, has appointed Robert Steel as CEO, president and member of the board of directors, effective immediately. The company has said that Lanty Smith will continue in his role as Wachovia's chairman. All business unit and staff functions will report to Mr Steel. Mr Steel most recently served as under secretary for domestic finance for the US Department of Treasury. Mr Smith, who has been serving as...

Word of the Day
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.