News and Publications

Campus News

President Emeritus Walter E. Massey ’58 Named Board Chair of Bank of America

Walter Massey
(April 30, 2009) -- President Emeritus Walter E. Massey ’58 has been elected chairman of the Board of Directors for Bank of America, the nation’s largest bank. Board members elected Massey during their annual meeting with shareholders in Charlotte, N.C. on April 29. He replaces Kenneth D. Lewis who will continue as president and chief executive officer.

“President Massey will provide strategic leadership, sound judgment and integrity for one of America’s great financial institutions,” said President Robert M. Franklin Jr. ‘75.

Massey has been a director of the board for Bank of America since 1998 and is a member of the board's Audit Committee. He was a director of BankAmerica Corporation from 1993 to 1998 and currently also serves as a director of McDonald's Corporation. Massey formerly was also a director of Delta Air Lines, Motorola and BP PLC.

"I think he will be a constructive partner on moving the company forward," bank spokesman Bob Stickler said in a Charlotte Observer story on April 30. "That's what you want in a chairman."

Massey earned a bachelor of science in physics and mathematics from Morehouse in 1958. He continued his education by earning master's and doctoral degrees in physics from Washington University in St. Louis, Mo. His research has involved the study of quantum liquids and solids. His written work also has addressed science and math education, the role of science in a democratic society, and university-industry interactions and technology transfer in national and international settings.

Massey returned to his alma mater to serve as president of Morehouse from August 1995 to June 2007.

Under his leadership, the College raised $118 million in The Campaign for a New Century, the most ambitious fund-raising campaign in the College’s history (Lewis was a Campaign co-chair). Other milestones of the Massey administration include the construction of the Leadership Center facility, the Otis Moss Jr. Residential Suites and the John H. Hopps Jr. Technology Tower, as well as the acquisition of the 10,000-piece Morehouse College Martin Luther King Jr. Collection. Groundbreaking for the Ray Charles Performing Arts Center featuring, the 575-seat concert hall currently under construction, also occurred during Massey’s presidency.

Before joining Morehouse, Massey was provost and senior vice president for academic affairs at the University of California statewide system. In this position, the second most senior position in the UC system. He is former director of the National Science Foundation, as well as the Argonne National Laboratory. In the halls of academia, he served as vice president for research and professor of physics at the University of Chicago; dean of the College and professor of physics at Brown University; and assistant professor of physics at the University of Illinois.

Born in Hattiesburg, Miss., he and his wife, Shirley Anne, have two sons and three grandchildren.

More Campus News
John Handy Named Vulcan Materials Morehouse Faculty Member of the Year for 2012-13
Spike Lee ’79 Urges Students to Follow Their Passions, Not Their Wallets
Zimbabwean-Born Businessman Commits $6.4 Million to Send 40 African Students to Morehouse
Ten Milwaukee-area Students Become Men of Morehouse Through New Milwaukee Scholarship Program