Banc One Corp. announced a series of executive assignments and structural changes to handle the company's growing empire.
Thomas E. Hoaglin, the career Banc One executive who oversaw integration of the company's Texas franchise, will become chairman and chief executive Sept. 1 of Banc One Ohio Corp., the company's largest subsidiary, it said last week.
The executive, who is 43, will move to Columbus, Ohio, replacing Donald McWhorter, who recently was named president of the parent company.
Mr. Hoaglin's current posts at Bank One Texas, president and chief operating officer, will be filled by Ronald G. Steinhart, 51, chairman and chief executive of Team Bancshares. Mr. Steinhart will assume his new post when Bank One Texas completes acquiring Team.
Terry Kelley, 48, current president and chief operating officer of Team Bancshares, will become chairman of the Dallas-Fort Worth region of Bank One Texas.
Banc One announced the formation of an as yet unnamed subsidiary to contain the company's banks in Illinois, Kentucky, West Virginia, and Colorado. David M. Van Lear, 50, will be its chairman and chief executive.
Mr. Van Lear charted Banc One's technology strategy from his current post as chairman and chief executive of Banc One Services Corp. He will continue to report to Mr. McWhorter.
New Tech CEO
Succeeding Mr. Van Lear will be Robert Barrett, 50 - promoted from executive vice president of Banc One Services to president and chief executive officer.
Banc One also announced formation of Banc One Illinois Corp., which will administer the company's franchise in that state. Willard Bunn 3d, 48, was named its chairman and chief executive.
Jeanne Iida contributed to this article.