Terry Laughlin, Bank of America vice chair, Pitt alum and trustee, dies at 63

November 15, 2018

A Bank of America executive who served 11 years on University of Pittsburgh’s Board of Trustees and established an endowment at the university to help graduate students studying education has died.

Terry Laughlin, vice chairman and head of Global Wealth and Investment Management at Bank of America, was 63.

“Terry was a builder and a problem solver, and one of the finest individuals I’ve had the privilege to know and work alongside,” bank CEO Brian Moynihan said in a statement.

Moynihan said Laughlin helped the bank recover from the financial crisis and recently lead the bank’s expansion in Pittsburgh.

Laughlin loved Pittsburgh, Moynihan said. He earned his MBA from Pitt’s Joseph M. Katz Graduate School of Business in 1981 and served on the school’s Board of Trustees for 11 years from 2007 to June of this year.

“The greatest measure of success for any university is the success of its alumni,” Chancellor Patrick Gallagher said in a statement. “While our hearts are broken -- and our thoughts go out to Gina and the entire Laughlin family -- we are exceptionally proud of the life that Terry lived and the example he set. He was a giant in the investment world, a leader in our community, and a devoted friend and generous partner of the University.”

Laughlin established Laughlin Endowed Fund in the School of Education to provide scholarships to graduate students studying education.

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