COLUMBUS -- As a result of a reorganization in its trust and investment units, Banc One Corp. said Wednesday that it has promoted Paul F. Goblet to chairman and chief executive of Banc One Securities Corp.

Mr. Goblet had been managing director with Banc One Capital Corp., where he was head of business development.

Banc One also promoted Ronald D. Brooks from president and chief operating officer to chairman and chief executive of Banc One Capital Corp.

At the same time, Charles W. Sulerzyski was named chairman and chief executive of Banc One Trust Group.

Mr. Sulerzyski had been in charge of the Banc One Individual Investment Services Group.

Banc One Securities Corp. is now an affiliate of Banc One Capital Holdings Corp., the parent of Banc One Capital.

Banc One Insurance Services Corp. is now an affiliate of Banc One Capital Holdings Corp., which is headed by David R. Meuse, chairman and chief executive.

Banc One Trust group is a national trust group responsible for four regional trust units.

Mr. Sulerzyski reports to Banc One Corp. president and chief operating officer Donald L. McWhorter.

"The restructuring will result in an even more efficient approach to the capital markets and to our customers' investment needs," said Banc One Chairman John B. McCoy.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.