04/18/94

CONTACT: Stanford University News Service (650) 723-2558

Banc One's McCoy to be honored by Business School

STANFORD -- John B. McCoy, chairman and chief executive officer of Banc One Corp. of Columbus, Ohio, will receive the Stanford Graduate School of Business Alumni Association's highest honor, the Ernest C. Arbuckle Award, at an April 26 dinner in San Francisco.

The annual award, named after a former dean of the school, is presented to an individual "judged to best exemplify the qualities of dynamic leadership and administrative skill so evident in the man it honors."

At 50, McCoy is the youngest person to receive the Arbuckle Award in the 25 years of its existence.

Under McCoy's leadership, Banc One Corp. has become the eighth-largest bank in the United States, with affiliates in 13 states. It reported assets of $79.9 billion as of Dec. 31, 1993, and common equity of $6.8 billion.

Banc One Corp. also operates several corporations that engage in data processing, venture capital, investment and merchant banking, trusts, brokerage, investment management, equipment leasing, mortgage banking, consumer finance and insurance. In 1991, the New York Times called Banc One "the best little bank in America," commending its combination of "conservative lending, innovative technology, remarkable customer service and an uncanny ability to smoothly absorb a steady stream of acquired banks."

Born in Columbus, McCoy earned his bachelor's degree at Williams in 1965 and his MBA at Stanford in 1967. After three years' service in the Air Force, he returned to Columbus to join Banc One in 1970. McCoy was named chairman of Banc One Corp. in 1987.

McCoy has been a trustee of the United Way of Franklin County and the Columbus Symphony Orchestra. He was chairman of the Columbus Chamber of Commerce and the Columbus Area Growth Foundation. At Stanford, he is a trustee of the university and a director of the Stanford Management Co., which oversees university investments. In 1992, he established the John B. McCoy Fellowship Fund to assist MBA students at the business school.

McCoy and his wife, Jane (Stanford AM '67), live in Columbus with their three children. He is the second person in his family to receive the Arbuckle Award. McCoy's father, John G. McCoy, MBA '37, was the recipient in 1986.

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