Thread regarding Truist Bank layoffs

Kelly King

For the longest time, I had nothing but respect and admiration for Kelly King. Hearing him speak was like going to church - you felt motivated and inspired.

However, the way he handled his retirement and the merger was nothing less than disastrous. If a leader does not have a capable successor picked from within his own organization, the leader is a failure. The LAST thing BB&T needed was a mega merger and an entirety new leadership team.

As far as I’m concerned, everything that is happening now can be laid squarely at Kelly King’s feet.

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| 7931 views | | 11 replies (last September 28, 2023) | Reply
Post ID: @OP+1oIAFxJ8

11 replies (most recent on top)

That narcissist would throw you off and claim you had a problem with mindset because you didn't flap your arms fast enough to defeat gravity.

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Post ID: @7ceu+1oIAFxJ8

If you see Kelly walking towards a bridge be sure not to smile at him

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Post ID: @3gbt+1oIAFxJ8

Kelly is a du----s

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Post ID: @2vjf+1oIAFxJ8

I think KK wanted BB&T to end with his reign and sold us out. I think that was it plain and simple. All his talk of Butterflies, they die pretty quickly after their transformation from caterpillar to butterfly 2-4 weeks. Maybe Truist was his butterfly and maybe butterfly time converts to 2-4 Truist years?

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Post ID: @2hym+1oIAFxJ8

My take is Kelly knew exactly what he was doing. The only way he could do this merger was to set up Rogers and crew as the leadership after he retired. Remember BBT board had already allowed him to stay past mandatory retirement age so they were complicit in this setup. While he may have been duped as to the extent of Suntrust takeover he allowed it. Bible had to go as wasn’t playing well with what Rogers wanted to do. There were certainly people on board who could have stepped into Demaio’s role he wanted an outsider and that is or will bite him soon if it hasn’t already. Beau is tied at the hip with Rogers, if he falls Beau goes with him and Mike also. This bank is battling to survive in case y’all haven’t figured it out yet.

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Post ID: @2azl+1oIAFxJ8

Kelly was to busy the last few years talking about politics, butterflies, driftwood and how a guy jumped off a bridge because no smiled at him. Maybe naive, maybe he wanted a legacy big ending..maybe the whole “Bromance” theme referenced in the other thread was it. We may never know…but it was cleat from the outset that these were two vastly different banks in every way. Truist will end up only in major markets, doing big deals…if it doesn’t get bought up first at a fire sale.

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Post ID: @1ojd+1oIAFxJ8

I was never motivated by KK when I worked there. If I want to go to church and be preached to, I’d go to church. That said, BB&T prior to the merger was solid. Sure it may have been a tad conservative but it whether we the 2008 financial crisis far better than most and the U app was a well liked and top rated platform.

I don’t know if he was just d-mb or naive, but I think everyone else from the onset of the merger could tell that the 2 banks were miles apart in terms of culture and direction and that it was destined to fail.

I was glad I got out in 2021. I feel sorry for people that still have to deal with cr-p show that’s there now.

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Post ID: @ztc+1oIAFxJ8

Should not have done the merger, he should have retired and let Chris Henson be CEO.

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Post ID: @elv+1oIAFxJ8

U can send the bad blueberries back we can’t

Happy now?

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Post ID: @qgl+1oIAFxJ8

If you still need some magical motivation and inspiration from Mr. King, you can find plenty here: https://kskinvestors.com/reflections

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Post ID: @xgc+1oIAFxJ8

A converted sycophant who who has left the church of King. Refreshing……..

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Post ID: @jnw+1oIAFxJ8

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