C. Stanley Bailey and C. Dowd Ritter have been elected directors and vice chairmen of the boards of Amsouth Bancorp. and Amsouth Bank, Birmingham, Ala.
Both previously were senior executive vice presidents.
John W. Woods, the company's chairman, president, and chief executive, said the promotions are part of a companywide restructuring.
William A. Powell Jr., president of Amsouth Bancorp. and vice chairman of Amsouth Bank, recently announced plans to retire Aug. 1 after a 40-year career with Amsouth. Mr. Woods has assumed his title as president of the holding company.
Mr. Bailey will be responsible for corporate finance, Amsouth Mortgage Co, private banking, and functions overseen by the company's chief financial officer and chief technology officer.
Mr. Ritter will be responsible for the Alabama-based company's out-of-state subsidiaries, as well as commercial banking, consumer and business banking, and human resources.
