Thomas E. Boland will become chairman of Wachovia Corporation of Georgia, Atlanta, and of Wachovia Bank of Georgia on Jan. 6.
The titles have been held since 1987 by John G. Medlin Jr., chief executive of the North Carolina-based parent, Wachovia Corp. Mr. Medlin will remain a director of the Georgia companies.
Mr. Boland, 58, is now vice chairman, chief administrative officer, and a director of the Georgia, organizations. He is also executive vice president of Wachovia Corp., with responsibility for consumer credit services.
Also on Jan. 6. G. Joseph Prendergast will become president, chief executive, and director of Wachovia Corp. of Georgia and Wachovia Bank of Georgia.
He will succeed D. Raymond Riddle, who plans to take early retirement to join National Services Industries Inc., Atlanta, as president and chief executive officer.
Mr. Riddle will continue as a director of Wachovia Corp. of Georgia and Wachovia Bank of Georgia.
Mr. Prendergast will retain his current position as head of Wachovia Corporate Services Inc., with responsibility for national and overseas corporate banking.
