Executive Changes

MIDDLE ATLANTIC

PNC Bank Delaware of Wilmington has hired Kevin A. Esslinger as the assistant vice president of business development in Kent and Sussex counties.

Mr. Esslinger has 12 years of experience in consumer and commercial lending, including jobs at Mellon Bank of Pittsburgh and Sovereign Bank of Wyomissing, Pa.

Meanwhile another PNC Financial Services Group Inc. subsidiary, PNC Advisors, has named five executives to work in its Delaware market.

Stephen C. Cioeta, a PNC vice president, was named senior credit adviser. He oversees loan underwriting, approvals, credit support, and portfolio administration. He has done similar work in the Philadelphia market since 1998.

Lacy Shockley, who provided investment services and portfolio management to the company’s high-net-worth clients in Pennsylvania, will now do so in Delaware’s Kent and Sussex counties. She was also named a vice president. She has been with PNC since 1997 and has more than 20 years of investment management experience.

Patrick T. Cassidy, a senior investment consultant at PNC Brokerage, was promoted to assistant vice president and investment officer at PNC Advisors. He is responsible for structuring portfolios and providing investment recommendations to personal trust clients. He has 20 years of investment management experience.

Christopher B. Driver, a Philadelphia financial analyst for BlackRock Inc., another PNC subsidiary, was named vice president of PNC Advisors’ charitable and endowment group. He is responsible for assessing clients’ investment needs, structuring portfolios, providing investment recommendations, and supporting new business development.

Holly June Stiefel, a lawyer with the Wilmington law firm of Richard, Layton & Finger, was hired as a PNC Advisors vice president in personal trust services. She is responsible for marketing the company’s Delaware wealth management products, including the Delaware Dynasty Trust and the Delaware Asset Protection Trust.


WESTUnion Bank of California in San Francisco has named executive vice president Ronald H. Kendrick to the newly created position of head of branch banking operations.

He was in charge of branch operations in southern California. Now he has also taken over central and northern California, Oregon, and Washington, from Paul G. Hunter.

Mr. Kendrick, 59, who has also joined the bank’s executive management committee, is based in San Diego. He has worked at Union Bank and its predecessors for 41 years, holding senior management jobs in investment services and personal trust.

He reports to Richard C. Hartnack, Union Bank’s vice chairman and head of its community banking and investment services group.

Mr. Hunter, an executive vice president, will retire at yearend. In the meantime he will work on identifying potential sites for new branches in California.

Union Bank, with $33.9 billion of assets, is mostly owned by Bank of Tokyo-Mitsubishi Ltd.

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