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PETE CROSS TO RETIRE AS BARNETT'S CENTRAL FLORIDA CEO

 JACKSONVILLE, Fla., Nov. 20 ~PRNewswire~ -- Charles K. "Pete" Cross, chairman of the board and chief executive officer of Barnett Bank of Central Florida, N.A. since 1974, has announced that he plans to retire next February.
 Thomas H. Yochum, president and chief operating officer of Barnett Bank of Central Florida, N.A. will succeed Cross as chief executive officer.
 "Under Pete's leadership, the Barnett Bank of Central Florida has grown from one office on Park Avenue in Winter Park to a four-county bank headquartered in Orlando and from less than $300 million to more than $2.7 billion in assets," said Charles E. Rice, Barnett Banks, Inc. (NYSE: BBI) chairman and chief executive officer. "A number of our current bank presidents have served under Pete. We thank him for his role in building our central Florida bank into a strong force in the community and within Barnett Banks, Inc."
 "The Barnett Bank of Central Florida has performed very well under Pete's leadership," said Rick Brewer Jr. banking executive of Barnett Bank, Inc.'s Central Region. "He's been delightful to work with. We will miss him, and wish him well in his retirement."
 Cross is active in the Winter Park community. He is the past president and founding director of Interlachen Country Club, Winter Park, and has served on the board and as chairman of the Finance Committee for the Presbyterian Church U.S.A. He has also been chairman of the Economic Development Commission of Mid-Florida, chairman of the board of trustees of Georgia Tech University, chairman of the United Way of Orange County, chairman of the Florida Citrus Bowl, chairman of the University of Central Florida Foundation, a director of CSX Corporation, Richmond, Va., and a director of The Federal Reserve's Jacksonville branch.
 He formerly served as a captain in the United States Air Force and was on active duty during the Korean War.
 Yochum, who first joined Barnett in 1970 as new accounts clerk, served as president of Florida Coast Banks, Inc. during the consolidation of that organization into the Barnett system in 1984-85. He was named president and chief operating officer of Barnett Bank of Central Florida, N.A. in April 1991.
 Cross will remain chairman of the board of Barnett Bank of Central Florida, N.A.
 Barnett Bank of Central Florida, N.A. has more than $2.7 billion in assets and 52 banking offices. It is an affiliate of Barnett Banks, Inc., which with $32.6 billion in assets is Florida's leading financial institution and the 19th-largest in the United States.
 -0- 11~20~92
 ~CONTACT: Bob Stickler of Barnett Banks, Inc., 904-791-5437 or home, 904-396-9284~
 (BBI)


CO: Barnett Banks, Inc. ST: Florida IN: FIN SU: PER

AW-SS -- FL011 -- 3409 11~20~92 13:43 EST
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Publication:PR Newswire
Date:Nov 20, 1992
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