BankBoston Hires Worldwide Director of Technology and Domestic Operations.BOSTON--(BUSINESS WIRE)--Nov. 16, 1998--BankBoston today announced the appointment of Joseph Smialowski to the newly created position of executive vice president, Technology and Operations. In this capacity, he will be responsible for all technology for the corporation on a worldwide basis, as well as all domestic operations. Smialowski will join BankBoston on Dec. 1, report to Vice Chairman Bradford H. Warner, and become a member of the company's Executive Management Group. Most recently, Smialowski served as senior vice president and chief information officer of Sears Roebuck and Co., based in Chicago, and was responsible for its technology and operations worldwide. Prior to that, Smialowski was a partner at Price Waterhouse, where he spent nine years as a consultant to retail and technology industry leaders. He also held key management positions at Xerox Corporation (company) XEROX Corporation - http://xerox.com/. See also XEROX PARC, XEROX Network Services. . "Joe brings to BankBoston an extensive background and outstanding reputation in information technology, especially in a retail environment," said Warner. "He is the perfect executive to harness and further develop our strengths in technology and operations. These competencies are inherently linked and strategically critical. I am confident that Joe will transform our approach to technology and operations as we prepare for the 21st century." Chad Gifford, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said, "Joe will be a significant addition to our management team. We see strategic use of information and superior technology as essential tools for building operational excellence and value for customers and shareholders." BankBoston (NYSE NYSE See: New York Stock Exchange :BKB BKB Basler Kantonalbank (Switzerland) BKB Black King Bar (gaming weapon) BKB BV Kwaliteitsverklaringen Bouw (Dutch) BKB BankBoston Corporation ), with assets of $73.8 billion and some 25,000 employees, is the nation's oldest commercial bank. BankBoston is engaged in consumer and business banking in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. ; delivering sophisticated financial solutions to corporations and governments nationally and internationally; and full-service banking in leading Latin American markets. The Corporation's common stock is listed on the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Boston stock exchanges The Boston Stock Exchange (BSE) is a regional stock exchange located in Boston, Massachusetts. The third-oldest stock exchange in the United States, it was founded in 1834. On October 2nd, 2007 Nasdaq agreed to acquire BSE for $61 million. . |
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