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McColl has mentored students of the McColl Business School at Queens University of Charlotte where he served on the Board of Trustees for 19 years (1991–2005). McColl gave the initial for Charlotte's Teaching Fellows Institute, and McColl's daughter, Jane McColl Lockwood, is president of Charlotte-based McColl Foundation.
The McColl School of Business defines leadership by Hugh McColl’s three Cs. Competence – Acquire the business acumen and interpersonal skills to effectively execute business functions, manage others, and accomplish organizational goals.
Industry: Finance. Era: 1980. McColl joined the precursor to NationsBank in 1959 and quickly progressed through the company. As CEO, he built NationsBank into the third largest bank in the country by 1995. He did so through the accumulation of close to 50 acquisitions.
The McColl School of Business at Queens University of Charlotte prepares students to become innovative and valued leaders who offer new perspectives and solutions in an ever-changing business environment.
Hugh L. McColl Jr. is co-founder and chairman emeritus of Falfurrias Group. Previously, he served as chairman and CEO of Bank of America.
Dec 25, 2017 · Hugh McColl’s Last Great Investment. The ex-Bank of America chief is dedicated to improving the plight of black people in his hometown. He started by helping a young black protester reach the...
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Dec 5, 2020 · Hugh McColl left Bank of America for “retirement” in the spring of 2001. During his 40-plus years in banking, he had helped his corporate customers grow and thrive using the leverage of what he always called “his bank,” even when he was only a junior officer.
