Chase Manhattan Corp. on Wednesday named William B. Harrison Jr. its next president and chief executive officer, succeeding Walter V. Shipley.

Mr. Harrison, 55, will take the helm on June 1. At that time, Thomas G. Labrecque, 60, president and chief operating officer, will retire.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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