Meet & Greet

Title Insurance

He already was in charge of retail banking, corporate banking, asset management and the balance sheet at PNC Financial Services Group. But just in case there was any doubt as to whether Bill Demchak remains the internal candidate to beat as the eventual successor to Chairman and CEO Jim Rohr, the Pittsburgh-based company has now also made him its president.

Demchak has been a senior vice chairman since 2009 and has overseen all of PNC's business lines since 2010. At the end of April he added the president's role formerly held by Joseph Guyaux, who was named senior vice chairman and chief risk officer for PNC earlier this year.

News Man

He spent three years keeping a relatively low profile, but former Sovereign Bank executive Jay Sidhu is back in the news in a big way.

In early May, his latest venture, the $2 billion-asset Customers Bancorp in Wyomissing, Pa., set the price for its IPO, with plans to raise up to $123 million.

The next day, it was announced that Sidhu had stepped down as chairman of Atlantic Coast Financial, over an apparent dispute about the Jacksonville, Fla., company's handling of risk. (In an April 27 letter to the board, Sidhu complained that his recommendations for improved risk mitigation had been blocked, with the "debate centered on issues of speed of implementation and style rather than performance, shareholder value creation and good governance.")

The following week: more headlines. Customers Bancorp was postponing its IPO, citing market conditions.

After the OTS

It's back to the private sector for John Bowman, who was acting director of the OTS from 2009 until the agency's shutdown last fall. Bowman has joined Venable LLP as a partner in the law firm's DC and Los Angeles offices.

"Get a helmet." That was Jamie Dimon's advice last month to Alex Gorsky, at a CEO panel held just days into Gorsky's tenure as the top executive at Johnson & Johnson. (Dimon, at right, walked the floor of the New York Stock Exchange during cocktails before the event, part of a night marking the release of this year's Fortune 500 list.)

The panel brought high-profile leaders together to discuss ways to create more jobs for the newest generation of military veterans. Dimon used the pulpit to once again raise his concerns about the "attacks on business" in this country. But he also took the opportunity to acknowledge the bank's role in a scandal last year involving the wrongful foreclosure of military families' homes. And he pledged that his firm would do more to provide employment opportunities for veterans. "There's no class that we hold higher," he said.

Bigger Role

Tracy Keegan was CFO of a Florida community bank once before. At her new employer, First Southern Bank in Boca Raton, she'll run finance and serve as chief operating officer, overseeing IT, facilities and deposit operations. Her appointment was announced in May.

Dimon's Pearls

"Get a helmet." That was Jamie Dimon's advice last month to Alex Gorsky, at a CEO panel held just days into Gorsky's tenure as the top executive at Johnson & Johnson. (Dimon, at right, walked the floor of the New York Stock Exchange during cocktails before the event, part of a night marking the release of this year's Fortune 500 list.)

The panel brought high-profile leaders together to discuss ways to create more jobs for the newest generation of military veterans. Dimon used the pulpit to once again raise his concerns about the "attacks on business" in this country. But he also took the opportunity to acknowledge the bank's role in a scandal last year involving the wrongful foreclosure of military families' homes. And he pledged that his firm would do more to provide employment opportunities for veterans. "There's no class that we hold higher," he said.