Bank of Marin, Corte Madera, Calif., elected J. Patrick Hunt chairman and promoted W. Robert Griswold Jr. to chief executive officer.
The executives succeed chairman and CEO J.D. Sullivan, who has resigned. He will assist in the leadership transition until his last day, June 30.
Mr. Griswold, who had been chief operating officer, continues as president of the $230 million-asset bank. He joined it in 1989 as executive vice president and chief operating officer after a 20-year career at Arthur Andersen. In 1995 he became president.
Mr. Hunt is a general partner of Hunt Investment Co., a commercial real estate and security investment firm in Corte Madera. He has been a Bank of Marin director since 1989.
Mr. Sullivan had been chairman since 1995. He started his banking career in 1966 at a now-defunct Bank of Marin, which was not related to today's bank of that name. He later became president and CEO of the Sacramento- based Bank of Alex Brown, which is not related to the Bankers Trust unit BT Alex. Brown.
Mr. Sullivan helped organize the current Bank of Marin and became its president and CEO when it opened in 1989.