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SunTrust has removed a clause from its severance agreement that laid-off employees claimed would have put them on call for two years to answer questions without compensation. Loss of institutional knowledge may be the cost of offshoring.
October 23 -
SunTrust Banks in Atlanta reported a lower third-quarter profit, citing negative effects from the low interest rate environment.
October 16 - Georgia
SunTrust Banks has promoted its Atlanta market leader to a new position in wholesale banking and has named its first woman executive to lead the Atlanta market.
October 23
SunTrust Banks in Atlanta has hired Corinne Cuthbertson as a brand, advertising and digital marketing executive.
Cuthbertson will join the $188 billion-asset company Nov. 30 and will report to SunTrust chief marketing officer Susan Somersille Johnson. Cuthbertson will serve as a brand strategist and oversee the direct marketing, advertising, marketing communications, promotions, digital marketing and social media teams.
Previously Cuthbertson served as the vice president of corporate marketing at NCR. She has also held marketing roles at Nokia.
"Cuthbertson has worked on three continents with Fortune Global 500 companies, and has a track record of high performance leading both business-to-business and business-to-consumer marketing teams," Somersille Johnson said in a news release Friday.
