Richard Lehmann, the 51-year-old president and chief operating officer of Banc One Corp., is thought of by some as a "tough guy."

It's a good thing. Because the surprise choice for the No. 2 post - he had been with the Ohio company only three years when he got the job in 1995 - faces a formidable task.

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.