B of A Shakes Up Regional Exec Lineup

to reshuffle several of its state and regional banking executives.

James Jackson, 42, was named to the company's top consumer post in Florida. He had been president of Virginia banking and head of Bank of America's Middle-Atlantic consumer operation.

The Florida post is an important one for the $614 billion-asset company, accounting for 26% of its $339 billion of deposits.

Mr. Jackson succeeds Larry Mallard, 49, who will leave Florida for St. Louis and be in charge of Midwest consumer banking. That position is currently held by Michael Woody, who will move from St. Louis to Charlotte to take on a corporate marketing role.

G.S. Fitz-Hugh Jr., president of Bank of America's metropolitan Washington, D.C., franchise, will become president of Virginia banking, succeeding Mr. Jackson. Susan Armentrout, 35, currently head of Virginia consumer banking, will assume regional responsibility for consumer banking in the Middle-Atlantic states. Gene Godbold, 43, the head of commercial banking for the Middle-Atlantic region, will become president of Bank of America in the Washington, D.C., area.

Sam Davis, 51, who has been head of consumer banking for south Florida, will retire by yearend.

Executives should be in their new posts starting Nov. 1, according to a bank spokesman.

-- Laura Mandaro