Terrance Laughlin, a 1977 Accounting alumnus, passed away at his home in New York City Thursday. He was 63 years old.
Mr. Laughlin was vice chairman and head of global wealth and investment management at Bank of America. According to a statement by Bank of America CEO Brian Moynihan on the company's website, Mr. Laughlin helped the company recover from the financial crisis and recently expand Bank of America’s presence in his native Pittsburgh.
Mr. Laughlin funded a Saint Francis scholarship in honor of his former Biology professor, Dr. Larry Pion, and remained actively engaged with the University throughout his life. He was scheduled to visit Saint Francis Shields School of Business as an Executive-in-Residence Thursday. Faculty and students were saddened by the news.
Dr. Randy Frye, Dean of the Shields School of Business, expressed his sympathies in an email to business students Friday. "I regret that you were not able to meet and hear from this amazing man, and one of the most accomplished Business alumni in the history of our business school. As you already may know, he has assisted a number of Finance and Accounting majors in securing internships and career opportunities with Bank of America and Merrill Lynch. Please keep Mr. Laughlin and his family in your thoughts and prayers."
Family and friends are invited to gather on Tuesday, October 30 at 2 p.m., at the Heinz Memorial Chapel at the University of Pittsburgh, 300 South Bellefield, Pittsburgh, PA. A memorial service for Mr. Laughlin will be held later in New York City.
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