C-suite

The railroad industry executive will replace Raymond Fortin as general counsel.

After a six-month transition period, Mark Midkiff will succeed Bill Hartmann later this year.

Carter Bank & Trust’s founder shunned internet banking and handled most executive duties himself. He died in April and his successor, Litz Van Dyke, is now working at breakneck speed to modernize this once-hidebound Virginia bank.

Becky Howell is stepping down after 38 years in the credit union movement

Bank of America, PNC join a growing list of banks planning to use the anticipated savings from the reduction in the corporate tax rate to boost wages for employees.

After Wells Fargo and Fifth Third said that the looming tax cut will allow them to raise pay, four smaller banks followed suit.

Jones, who was CFO until last year, succeeds Robert Wilmers, who passed away unexpectedly last week.

Fifth Third said it will give a bonus or raise to about three-quarters of its employees while Wells Fargo raised its minimum hourly pay in the wake of Congress' passing a tax reform bill.

Mary Greco will retire in January after a 38-year career in the credit union movement. She will be succeeded by Aaron Goff, former CEO of Greater KC Public Safety CU.

Jenn LaClair will replace Chris Halmy, who is retiring. She most recently headed up PNC's business bank.