PRESS RELEASES

Media Contact: Leah Dering
704-383-0551

March 08, 2005
J. Stuart White III Joins Wachovia Securities Mergers & Acquisitions Group

CHARLOTTE, N.C. --- Wachovia Securities announced today that J. Stuart White III has joined the firm as a Managing Director in the Mergers & Acquisition practice, reporting to Jeff Armstrong, Head of Wachovia's Mergers & Acquisitions and Financial Sponsors Groups.

In his new role, White will be responsible for providing advisory services for Wachovia's clients and will be based in New York.

"Stuart brings years of investment banking experience to this platform advising public and private companies on buyside and sellside transactions. We are continuing to grow that business and know that Stuart will prove a valuable asset to the firm in those efforts," said Armstrong.

Previously, White was a Managing Director in the Mergers and Acquisitions Group at CIBC World Markets, where he set direction for strategic marketing and transaction execution for both public and private companies, particularly in the healthcare, telecom, steel and energy sectors. Prior to CIBC, White worked in the Investment Banking Services Group at Goldman Sachs and the Mergers and Acquisitions Group at Smith Barney.

White earned his M.B.A. from New York University and his B.A. from the University of Virginia.

Wachovia Securities is a full-service investment bank providing clients with equity, fixed income, and convertible research, financial sponsors coverage, corporate finance, sales and trading, and mergers and acquisitions advisory services. In addition, Wachovia Securities provides such products as debt and equity financing, loan syndications, derivatives, equity investments, asset securitization, treasury services and international correspondent banking.

About Wachovia

Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $493.3 billion, market capitalization of $83.5 billion and stockholders' equity of $47.3 billion at December 31, 2004. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve customers primarily in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states and five Latin American countries. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.

Wachovia Securities is the trade name for the corporate and investment banking services of Wachovia Corporation and its subsidiaries, including Wachovia Capital Markets, LLC, member NYSE, NASD, SIPC.

Email This Page

Printer Friendly Version