Compass names Ferguson to head new asset management area.BIRMINGHAM, Ala.--(BUSINESS WIRE)--Aug. 27, 1996--Signaling the growing importance of personalized wealth management services, Compass Bank has named D. Stevenson Ferguson, Jr. as the executive officer in charge of its new corporate-wide asset management area. The new area combines trust, investments and private banking support into a seamless delivery of services for high net worth customers. With 15 years of trust and private banking experience, Ferguson comes to Compass from NationsBank in Tampa, Florida “Tampa” redirects here. For other uses, see Tampa (disambiguation). Tampa is a United States city in Hillsborough County, on the west coast of Florida. It serves as the county seat for Hillsborough County.GR6. , where he has held a number of senior-level management positions. Most recently, he served as senior vice president and trust executive of the company's private client group. "Steve has the ideal background, experience and vision to spearhead this new initiative," D. Paul Jones Paul Jones can refer to:
"The business of wealth management is among the fastest growing areas in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry today, and we see asset management as being a significant contributor to the future of our company," Jones said. Ferguson began his banking career in 1981 as a strategic planner for a Seattle bank with responsibilities for transforming the trust department into a capital management division. In 1988, he joined NationsBank as senior vice president and southeast Florida regional manager for personal trust. Ferguson also served for two years at NationsBank's Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. , headquarters as a strategic initiatives executive responsible for "best practices" in trust and investment services. He later was named senior vice president and Florida trust group executive, and, in 1995, was named to his most recent position. Ferguson has served as an organizational change consultant to both industry and the government. He holds a Ph.D in organizational development and change from the University of Washington in Seattle, a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in computer science from Central Texas University and a bachelor's degree in history from the Citadel. Ferguson will be based at Compass headquarters in Birmingham, Alabama Birmingham (pronounced [ˈbɝmɪŋˌhæm]) is the largest city in the U.S. state of Alabama and is the county seat of Jefferson County. . Compass Bank is a subsidiary of Compass Bancshares, Inc., a $10.8 billion bank holding company with 202 offices in Alabama, Texas and Florida. Compass reported record earnings of $67.4 million for the first six months of 1996 and has a capital base of $701 million. Shares of the company's common stock are traded through the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on national market system under the symbol CBSS CBSS Council of Baltic Sea States CBSS Craft and Boat Support System CBSS Coastal Border Surveillance System (MSSC) CBSS Closed-Breach Scavenging System (compressed air system for removing smoke from tank gun tubes) . CONTACT: Compass Bancshares, Inc., Birmingham Ellen Laden, 205/933-3554 |
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