Succession planning

U.S. Bancorp promotes Jodi Richard to chief risk officer

08/15/18

The Minneapolis company said Wednesday that Richard, a senior executive in its risk management office, will succeed Bill Parker in October.

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Toyota finance arm lines up next CEO

08/06/18

Toyota Financial Services has promoted a company insider to replace Mike Groff, who is retiring at the end of this month.

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CEO change at mortgage unit of WaterStone Bank

07/30/18

Industry veteran A.W. Pickel III became president of Waterstone Mortgage in June, and now the company has decided to promote him to succeed longtime CEO Eric Egenhoefer.

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Colony Bankcorp picks up executives, branch from neighboring Ga. bank

07/30/18

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

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First Hawaiian hires outsider for top financial post

07/26/18

First Hawaiian, which is currently being spun off from BNP Paribas, has hired Ravi Mallela as chief financial officer.

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Macquarie names female CEO; PayPal disappoints

07/26/18

Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.

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Comerica promotes market president to head of business banking

07/25/18

In addition to leading the company’s national business banking efforts, Peter Sefzik will also oversee small-business banking. Brian Foley, the chief credit officer for the Texas market, will succeed him as market president.

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Signature Bank draws scrutiny; Fannie Mae CEO to depart

07/24/18

The bank entangled in probe of Michael Cohen; Mayopoulos to leave at yearend, CFO Benson to become president.

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Investors question State Street; regionals worry about trade effect

07/23/18

Purchase of data firm and cancellation of a stock buyback rile shareholders; smaller banks are concerned tariffs could hurt business lending.

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Solomon faces big challenges; Morgan Stanley crushes estimates

07/18/18

Goldman’s new CEO is expected to instill more corporate discipline; second quarter earnings jumped nearly 40% compared to a year earlier on higher revenues.

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