Parc at Buckhead hosts grand opening

Parc at Buckhead, the new Buckhead high rise residential tower for active adults, held its grand opening and ribbon-cutting ceremony on Feb. 8. The event was well attended by metro Atlanta business and political leaders.

According to Parc Communities vice president Bonita Brown, the residential community “offers the amenities and services of a 5-star hotel in an unparalleled living environment.”

Ribbon-cutting participants included Roy Dickson, president of Parc Communities, Sam Massell, president of the Buckhead Coalition and unofficial “Mayor of Buckhead,” and Sharon Silva, executive director of the Buckhead Business Association. Also attending the ceremony, which featured a champagne and hors d’oeuvre reception, were Atlanta City Council members Mary Norwood and Howard Shook, guests Betty and John Hollister and future residents Inez and Sanford Midler.

Parc at Buckhead is located at 650 Phipps Boulevard, across from Phipps Plaza. To learn more visit www.parcatbuckhead.com or call the leasing offices at (404) 442-2700.

Local execs to address business threats

Leading business and financial executives from Sandy Springs and Buckhead will be keynote speakers at the 2008 Atlanta Area CEO Summit, a free day-long forum focusing on the two major threats to the economy, terrorism and recession. The March 26 program is geared to small and mid-size business owners and CEOs; it will be held at DeKalb Office Environments in Alpharetta.

Buckhead resident Robert Balentine, co-founder of Balentine and Company and now a Wilmington Trust executive vice president, will speak about Protecting Your Wealth in Uncertain Times. Joining him will be the managing partner of the one of nation’s leading turnaround firms, Lee Katz of Grisanti and Goldress in Sandy Springs. He will address attendees on the topic of Profiting During an Economic Downturn – and How to Avoid Having to Hire Guys like Me.

Rhys Wilson, a Nelson Mullins partner and co-leader in the firm’s national mergers and acquisitions practice, will also speak. His topic is How to Reduce Risk and Increase the Value of Your Business in a Down Economy.

Herb Meyer, a ranking CIA official during the Reagan administration who is credited with being among the first to identify the pending demise of the Soviet empire, will outline the key global events of our time – the war on terrorism, the demographic implosions throughout Western civilization and the astounding creation of wealth throughout the world. His topic title is What in the World is Going On?

Several local companies are underwriting the program, including Advanced Computer Technologies, the law firm of Andre & Blaustein , DeKalb Office Environments, Focus Enterprises, Fusion Sleep, the Interlochen Group, the Nelson Mullins law firm, Rockbridge Commercial Bank, VCSouth, Wilmington Trust and Zerorez. Reporter Newspapers is the media sponsor.

There is no charge to attend the Atlanta CEO Summit, however advance registration is required. For registration information, e-mail publisher@reporternewspapers.net or call (404) 917-2200, ext. 11.

Buckhead Community Bank celebrates 10 years

The Buckhead Community Family of Banks is celebrating its 10th anniversary in Atlanta.

Since opening its doors in 1998, The Buckhead Community Bank has expanded into the metro Atlanta area with locations in Buckhead, Sandy Springs, Alpharetta, Midtown, Johns Creek, Cobb County, Forsyth County and Hall County. In nine years, total deposits have grown from $27 million to more than $668 million; total assets have grown from $34 million to more than $800 million.

SunTrust names James Wells III as chairman

SunTrust Banks Inc. president and CEO James M. Wells III will become chairman in April, as L. Phillip Humann retires after 40 years with the company.

Humann, 62, was SunTrust chairman, president and CEO for nine years before becoming executive chairman in Jan. 2007. He will stay with Atlanta-based SunTrust (NYSE: STI) as a consultant for one year, prior to his planned retirement from the company in April 2009. He will step down from the SunTrust board of directors after the April 2008 annual meeting, when Wells, 61, becomes chairman.