Printer Friendly

FIRST CHICAGO ESTABLISHES NEW POLICY-MAKING COMMITTEE

 FIRST CHICAGO ESTABLISHES NEW POLICY-MAKING COMMITTEE
 CHICAGO, Jan. 10 /PRNewswire/ -- First Chicago Corp. (NYSE: FNB)


announced today that it has formed a new senior policy-making committee that will be responsible for establishing and executing key business strategies.
 Chairman Richard L. Thomas will head the committee, and its other members will include Executive Vice Presidents W.G. Jurgensen, J. Mikesell Thomas, David J. Vitale and American National Corp. Chairman Leo Mullin. In addition, Sherman Goldberg, executive vice president and general counsel, will act as secretary of the committee.
 Thomas also said that David Vitale will now head the group of businesses serving large corporate and institutional customers. In addition to Vitale, the senior management team for that group will include J. Mikesell Thomas and Executive Vice President Don Hollis.
 "These organizational changes set First Chicago's new leadership structure in place. As we enter the new year, we look forward to developing new business opportunities and providing the highest level of products and services for our customers," Thomas said.
 First Chicago also said that the board of directors approved four title changes.
 Marvin James Alef Jr., who is head of the Human Resources Department, was elected executive vice president. Alef has been with First Chicago for 18 years, serving as head of Human Resources for the last six years.
 John Ballantine, who is chief credit officer, was elected executive vice president. Ballantine has been with First Chicago for 21 years, most recently as head of the New York Banking Department.
 Arthur J. Massolo, who is head of the Asset Management Department, was elected corporate senior vice president. He has been with First Chicago for 22 years, serving as head of International Asset Management from 1988-1990 before assuming his current role.
 Thomas McCaffrey, head of Corporate Strategy, was elected corporate senior vice president. McCaffrey joined First Chicago in 1989. Previously he worked for Merrill Lynch and McKinsey and Co.
 -0- 1/10/92
 /CONTACT: Lisabeth Weiner of First Chicago, 312-732-4455/
 (FNB) CO: First Chicago Corp. ST: Illinois IN: FIN SU:


PS -- NY049 -- 8687 01/10/92 14:38 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 10, 1992
Words:346
Previous Article:PHARMACY TECHNICIAN GROUP ESSEX COUNTY COLLEGE: AN INNOVATIVE RELATIONSHIP FILLING THE NEED FOR TRAINED HEALTH-CARE PROFESSIONALS
Next Article:U.S. EPA ISSUES CLEANUP ORDER TO SOLA OPTICAL SUPERFUND SITE
Topics:


Related Articles
FIRST CHICAGO VENTURE CAPITAL EXECUTIVES TO FORM NEW COMPANY
JOHN F. 'JACK' SANDNER RE-ELECTED CHAIRMAN OF CME BOARD FOR NEW 2-YEAR TERM
FITCH TO OPEN NEW OFFICES IN DALLAS, CHICAGO -- FITCH FINANCIAL WIRE --
/C O R R E C T I O N -- FEDERAL RESERVE BANK OF CHICAGO/ (Correction Notice)
FIRST CHICAGO ANNOUNCES CHANGES IN MANAGEMENT RESPONSIBILITIES
The Chicago Area Project: addressing the gang problem.
NLC's six policy units map agendas for 1995.
CUNA MUTUAL: STUDY COMMITTEE REVIEWS STATUS OF RECOMMENDATIONS FOR FIDELITY BOND
UNOS blocks Region 7 liver sharing agreement that excluded Illinois.
ShoreBank Announces New Board Members; Lonnie G. Bunch, Mary J. Cahillane and Frank M. Clark to Join the Board Of Directors.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters