2005 A Gathering of Nobel Laureates: Science for the 21st Century – Hugh L. McColl, Jr. biography
Hugh L. McColl, Jr.
Retired Chairman and CEO, Bank of America
Prior to co-founding McColl Partners, a middle-market mergers and acquisitions advisory boutique, in the fall of 2001, Mr. McColl served as Chairman and Chief Executive Officer of Bank of America. During his tenure, he guided Bank of America to more than 50-fold growth, acquiring over 50 companies and creating the largest banking institution in the United States. Since his retirement from Bank of America in 2001, he has founded two other businesses in addition to McColl Partners. They are McColl Garella, an advisory firm focused on female owned and run businesses, and McColl Fine Art, a fine art consulting firm.
Mr. McColl was born in Bennettsville, South Carolina. He earned a bachelors degree in business administration at the University of North Carolina at Chapel Hill in 1957 and served as an officer in the U. S. Marine Corps from 1957 to 1959.
Mr. McColl currently serves on the Board of Directors of Cousins Properties, Inc.; Faison Associates; Foundation for the Carolinas; General Parts, Inc.; Sonoco Products Company. He is chairman of the Board of Trustees at Queens University of Charlotte.
He is married to the former Jane Spratt of York, South Carolina. They have three children and eight grandchildren.