C-suite

Two institutions in Virginia and one in Washington state have named new leadership amid a wave of expected CEO retirements.

David Fearing will take over at Accolade Asset/Liability Advisory Services as Joe Ghammashi retires.

Several banks are seeing significant changes in leadership as the year comes to a close.

James Reynolds will become the president and CEO of the New York institution after James Doig retires.

The changes affected Dean Athanasia, Thong Nguyen, Katy Knox and Andy Sieg. The company also gave more responsibility to Chief Administrative Officer Andrea Smith.

Norman Mann II, who has worked for the institution for more than a decade, will take over as president and CEO for Danny Gregg, who is retiring.

Robert Rubino will join the New York company in February as president of CIT Bank and head of commercial banking.

He will take over as CEO from Carlos Torres Vila, who becomes chairman at year-end. Still unknown: who will run the company's U.S. bank once Genç moves up.

Michael Daly's resignation may have been precipitated by an anonymous letter last month describing the workplace as “toxic” and in dire need of change.

Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.