Allison relinquishes reins to a final fellow fomenter.

• Position: BB&T

Come Jan. 1, BB&T Corp.'s "original five" will be down to one, at least for day-to-day operations. That's when John Allison turns over the job of chief executive of the Winston-Salem-based bank to Chief Operating Officer Kelly King. They are the final two of the five young executives who in 1980 pushed management of what was a small regional bank based in Wilson toward expansion. Allison, 60, has been CEO since 1989. He'll remain chairman through 2009. BB&T is North Carolina's third-largest and the...