Top-Level Executives In Payments, Systems Leave Jobs at Chase

Two high-level executives have left Chase Manhattan Corp. in the wake of the bank's merger deal with Chemical Banking Corp.

Craig D. Goldman, who was in charge of distributed and advanced technologies, left the bank in early March. The merger became official on April 1.

Mr. Goldman could not be reached, and the bank would not comment beyond confirming that he no longer works there.

Deborah L. Talbot, an executive vice president who headed Chase's global payment and treasury services, has resigned to pursue other interests.

Her replacement is Douglas T. Williams, executive vice president and deputy general manager for information technology and operations.

The 45-year-old Ms. Talbot, who headed the bank's cash and treasury management, trade finance, and payment and investment services, said the merger with Chemical did not play a role in her decision to step down.

She said it was "a tough business to walk away from, because there is so much opportunity."

Ms. Talbot, who oversaw about 3,500 employees in 52 countries, will take some time some time off to spend with her husband in North Carolina, which is where their primary residence is located.

"My first goal is simply to take a few months to sort things out," Ms. Talbot said.

"I could have taken a sabbatical, but you can't do that when you run a billion-dollar business" - a reference to the combined global payments revenues of Chase and Chemical Banking Corp.

Mr. Williams, who joined Chase in 1986 as international bank services group executive, was named head of corporate technology and operations last year, prior to the merger announcement.

He now reports to Richard Matteis, formerly of Chemical, who heads Chase's global services group, which includes investor services and corporate trust.

In a prepared statement, Chase vice chairman Michael Kruse said the $304 billion-asset bank has "enhanced our leadership position ... We are confident Doug will continue the commitment to product and service excellence."'

When the two money-centers merged March 31, Mr. Williams had been asked to work with Denis O'Leary, who is now chief information officer of Chase.

"We have one of the most difficult challenges because we are the leader now," Mr. Williams said.

"Everyone is gunning" for us, so "we have to provide the leadership to stay out in front."

Ms. Talbot will remain in New York through for six more weeks to help in the transition.

Earlier in her career, Ms. Talbot, a Tennessee native, worked at Union Planters National Bank in Memphis, Delaware Trust Co., and KPMG Peat Marwick. She joined Chase in 1982.

Karen Epper contributed to this article.

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