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Hugh McColl
Chairman Emeritus

Biography

Mr. McColl is the Co-Founder and Chairman Emeritus of Falfurrias Capital Partners.

Prior to founding the firm, Mr. McColl was Chairman and CEO of Bank of America. During his tenure as Chairman and CEO, Mr. McColl grew the institution more than fifty-fold, as the bank greatly expanded its offerings of financial products and services, entered new markets across the United States and around the world, and became an industry leader in retail, commercial, corporate and investment banking.

Career Highlights

  • Former Chairman and Chief Executive Officer of Bank of America
    • During his tenure, grew Bank of America from $12 billion in assets in 1983 to over $642 billion, $364 billion in deposits, and $48 billion in shareholders' equity upon his retirement in 2001
    • Successfully identified and integrated over fifty acquisitions
    • Bank of America's total shareholder return averaged 17 percent per year during his tenure
  • Founded several businesses following retirement from Bank of America, including McColl Partners, a middle-market investment bank; McColl Brothers Lockwood, a business advisory firm; McColl Garella, an investment banking company focused on serving firms owned by women; and MME, a New York-based gallery and art dealer
  • Served as Chairman of the Board of Directors at previous Falfurrias portfolio company Dorsey Wright & Associates and as a Member of the Board of Directors of Bank of America, General Parts, Faison Enterprises, Ruddick Corporation, Sonoco Products, Cousins Properties, CSX Corp., and Jefferson Pilot
  • Maintains an extensive network of business contacts, including members of Fortune 1000, management of numerous financial institutions, and members of leading international organizations
  • Distinguished military service as an Officer in the United States Marine Corps

Education

  • BSBA from the University of North Carolina at Chapel Hill

Accomplishments

  • Built the largest bank in the United States, growing assets from $12 billion to $642 billion
  • Integrated over $90 billion in acquisitions
  • Hired and managed hundreds of executives
  • Successfully directed businesses through seven economic cycles
  • Managed early-stage businesses, including a startup that was guided to a successful sale to a private equity fund
  • Managed a private equity-backed business that generated strong returns through a sale to a strategic acquirer
  • Sourced, structured, and closed over 175 private equity transactions in three decades

Our Team

Since 2006, FCP has built an experienced and operationally-focused team with private equity, entrepreneurial, and senior executive experience.

Mr. McColl is the Co-Founder and Chairman Emeritus of Falfurrias Capital Partners.Prior to founding the firm, Mr. McColl was Chairman a... Read More

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Hugh McColl

Chairman Emeritus

Mr. Oken serves as Chairman of Falfurrias Capital and has been responsible for managing the FCP portfolio since inception and building ... Read More

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Marc Oken

Chairman

Mr. McMahan has served as a Partner at Falfurrias Capital since its founding in 2006 and as its Managing Partner since 2018. Mr. McMaha... Read More

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Ed McMahan

Managing Partner

Mr. Price joined Falfurrias Capital Partners as a Partner with Fund IV. Prior to joining the firm, he assisted with the FCP Portfolio l... Read More

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Joe Price

Partner

Mr. Walker joined Falfurrias Capital Partners full-time with Fund IV. Prior to joining the firm as a Partner, he assisted with the FCP ... Read More

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Ken Walker

Partner

Mr. Walker currently serves as the Chairman of the Investment Committee of Falfurrias Capital Partners. Mr. Walker began his profession... Read More

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Chet Walker

Investment Committee Chair

Mr. Schonberg joined Falfurrias Capital Partners in October of 2006. Prior to joining the firm, he served as Chief Financial Officer o... Read More

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JJ Schonberg

Managing Director

Mr. Cummings joined Falfurrias Capital Partners in October of 2007. He has over twenty five years of professional operating experien... Read More

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Rob Cummings

Managing Director

Mr. Jordan joined Falfurrias Capital Partners in June 2019. Prior to joining the firm, he served as Chief Financial Officer of Bojangle... Read More

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John Jordan

Managing Director

Wilson Sullivan served as an Associate at Falfurrias Capital Partners from 2007-2009 before returning to business school to earn his MB... Read More

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Wilson Sullivan

Principal

Mr. Johnson re-joined Falfurrias Capital Partners in 2016. Previously, Mr. Johnson was Chief Financial Officer of North American T&... Read More

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Chip Johnson

Principal

Mr. Pierson joined Falfurrias Capital Partners as a Senior Associate in 2014. He was later promoted to Vice President in 2016 and Princ... Read More

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Geordie Pierson

Principal

Mr. Bueno joined Falfurrias Capital Partners as a Director in 2019 and is Head of the Strategy and Market Insights Group. Previously, M... Read More

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Nick Bueno

Director, Head of Strategy & Market Insights

Joined Falfurrias Capital Partners in 2014 from PricewaterhouseCoopers (PwC) Financial Services practice. Mr. Kilian's assurance teams... Read More

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Matthew Kilian

Director of Integration and Fund Administration & Chief Compliance Officer

Mrs. Handy joined Falfurrias Capital Partners in July 2018 from Hendrick Automotive Group. Mrs. Handy served as the Accounting Manager ... Read More

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Kate Handy

Controller

Mr. Veazey joined Falfurrias Capital Partners as an Analyst in 2014. He was later promoted to Associate in 2016. Previously, Mr. Veaze... Read More

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Andrew Veazey

Associate

Ms. Higgins joined Falfurrias Capital Partners as an Analyst in 2016 and was later promoted to Associate in January of 2018. Previously... Read More

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Katie-Rose Higgins

Associate

Mr. Watters joined Falfurrias Capital Partners as an Associate in 2018. Previously, Mr. Watters worked at Sherman & Company, a Char... Read More

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Mark Watters

Associate

Mr. Reckford joined Falfurrias Capital Partners as an Associate in 2019. Previously, Mr. Reckford worked at Bain & Company where he... Read More

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Alexander Reckford

Associate, Strategy & Market Insights

Mr. Arora joined Falfurrias Capital Partners as an Analyst in 2019. Previously, Mr. Arora interned at UVIMCO, the University of Virgini... Read More

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Vedant Arora

Analyst

Ms. Washam joined Falfurrias Capital Partners in 2019, bringing 25 years of experience to the team. She serves as Executive Administrat... Read More

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Paula Washam

Executive Administrator

Ms. Sutton joined Falfurrias Capital Partners in 2019 from Foundation For The Carolinas where she was an Executive Assistant to the Exe... Read More

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Bobbie Sutton

Executive Assistant

Ms. Estes joined Falfurrias Capital Partners in 2014 following twenty-three rewarding years with the Charlotte law firm of Robinson, Br... Read More

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Donna Estes

Staff Assistant