MIDWEST
Oxford Bank in Michigan has promoted Linda A. Salas to commercial loan manager.
Ms. Salas had been a vice president and commercial loan officer since joining the $444 million-asset unit of Oxford Bank Corp. in 1998. Before that she was an assistant vice president and commercial loan officer for NBD Bank, now part of JPMorgan Chase & Co.
Marquette Financial Cos. in Minneapolis has hired Dan Cheever as its chief financial officer.
Mr. Cheever had been a managing director for GMAC Residential Capital LLC, where he had overseen forecasting, planning, and analysis for the residential financial group in Minneapolis since 2004.
He succeeded Jann Ozzello Wilcox, who has been promoted within the $3 billion-asset company.
PrivateBancorp Inc. of Chicago has hired Steven J. Appell as a managing director of its PrivateBank and Trust Co.
Mr. Appell had been a senior vice president and director of sales and marketing for the wealth management group at Northern Trust Corp. since 2005. Before that he had been a division manager, overseeing areas including North American sales, Canadian marketing to institutional funds, public funds, and Taft Hartley funds.
He joined Northern Trust as a vice president in 1995 from State Street Bank and Trust in Boston.
PrivateBancorp has $6.2 billion of assets.
MIDDLE ATLANTICSterling National Bank of New York has hired Peter Sforzo as its vice president and business development officer.
Mr. Sforzo was a vice president and relationship manager at JPMorgan Chase & Co. in New Jersey.
Sterling National is a $2 billion-asset unit of Sterling Bancorp in New York.
F.N.B. Corp. of Hermitage, Pa., said Robert V. New Jr., its president and chief executive officer, will take on additional duties as the president and CEO of its First National Bank of Pennsylvania.
He will succeed Gary Roberts, who will retire Tuesday.
Mr. New will remain a director of the bank and its $5.9 billion-asset parent.
F.N.B. Corp. has also promoted executives to oversee its four business groups.
Vincent J. Delie was promoted to president of the banking group. He had been the president and CEO of the Pittsburgh market since joining First National Bank in 2005.
Louise Lowrey was promoted to group executive for technology and support. She was the executive vice president of technology for the bank, where she has worked for 37 years.
Gary Guerrieri has taken over the lending support and specialized lending group and will remain the parent company's chief credit officer. Mr. Guerrieri is on the boards of F.N.B. Capital Corp., a unit of F.N.B. Corp., and Bank Capital Services Corp., a subsidiary of First National Bank. He has worked for the bank since 2002.
Brian Lilly was promoted to director of the corporate services group. Mr. Lilly will remain the company's chief financial officer, a job he had held since 2003.
NEW ENGLANDMiddlesex Savings Bank of Natick, Mass., has promoted Brian D. Stewart to executive vice president and chief investment officer.
Mr. Stewart is in charge of managing interest rate risk for the $3.5 billion-asset savings bank as the chairman of its asset and liability committee. He also oversees the investment portfolio of the Middlesex Savings Charitable Foundation.
He joined Middlesex Savings in 1996.
