A FirstMerit Corp. executive was misidentified in the Tuesday article "Recalling That First Rung on the Ladder to Success" (page 1). His name is John R. Cochran, not John R. Cochran 3d, and he is president and chief executive officer of the Akron, Ohio, bank, but not its chairman.

John R. Cochran 3d, whose photograph was mistakenly run with the article, is vice chairman and chief marketing officer of MBNA America Bank in Newark, Del.

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