Former Wachovia CEO John Medlin dies at 78

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WINSTON-SALEM, N.C. (AP) — John Grimes Medlin Jr., former CEO of the Wachovia Corp., has died at age 78.

Wells Fargo spokeswoman Mary Eshet said Medlin died Thursday.

Family members said Medlin' died of a heart attack while playing tennis.

Medlin worked for Wachovia for 41 years, and served as chief executive for 17. He served on the bank's board until 2000.

During his tenure, the North Carolina bank grew from a regional institution to the 20th-largest bank in the nation. The bank was sold to Wells Fargo & Co. in 2008.

Medlin kept an office at the Wells Fargo office in Winston-Salem until his death.

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