Magazine article American Banker

NationsBank Names Fla. Chief; Biggest Bank Job Yet for a Woman

Magazine article American Banker

NationsBank Names Fla. Chief; Biggest Bank Job Yet for a Woman

Article excerpt

TAMPA, Fla. - Tampa banker Adelaide "Alex" Sink was in New York City last Sunday for some R&R and personal business when she got a phone call.

The bad news? Ken Lewis, her boss's boss and the president of the country's third-largest banking company, wanted her back in Tampa - pronto.

The good news? Ms. Sink was named president of Tampa-based NationsBank Florida, a state giant owned by NationsBank Corp. of Charlotte, N.C.

Predecessor Bound for D.C.

Ms. Sink, 45, succeeds Gene Taylor, who has been president of NationsBank Florida since July 1990. Mr. Taylor will move to Washington to run NationsBank's fast-growing Middle Atlantic region.

What Ms. Sink wasn't told is that NationsBank Florida, with more than $22 billion in assets, now is likely the largest commercial bank in the United States with a woman president.

Neither the American Bankers Association nor Financial Women International, two trade groups, could cite a larger bank run by a woman.

In an industry where the number of top women executives still can fit in a thimble, Ms. Sink's new high-profile position could bring her national attention.

But Ms. Sink said she just wants to focus on what NationsBank Corp.'s top two executives, Hugh McColl and Ken Lewis, asked her to do: Take care of customers and make lots of money.

In recent years, NationsBank Florida has underperformed its affiliate NationsBank in Texas, Georgia and North Carolina. But Ms. Sink said the Florida bank is getting stronger and catching up this year. …

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