Executive Changes

MIDDLE ATLANTIC

Schroders PLC has hired Timothy Pettee to head U.S. equity research, with responsibility for all of the company’s U.S. equity research efforts for clients globally.

He is based in the New York office and reports to Sharon Haugh, chairman of Schroders Investment Management North America Inc.

Mr. Pettee was head of the U.S. equity research team at U.S. Trust Co. Earlier he was a senior analyst and portfolio manager at Alliance Capital. He has 20 years of financial services experience.

Schroders, an international firm with $217 billion of assets under management, is headquartered in London.


SOUTHEASTFirstar Bank has hired E. Anthony Heard to be regional chairman of its Nashville metropolitan market.

He will be directly responsible for commercial banking activities and be involved in consumer banking and trust financial services and products.

Mr. Heard, 40, was a senior vice president and director of the corporate banking division in Nashville for Atlanta-based SunTrust Banks Inc.

He had worked 18 years at SunTrust and had been senior vice president of the private capital group in the trust and investment division and group vice president of private banking in the retail division.

Firstar Bank, a Cincinnati-based subsidiary of $74 billion-asset Firstar Corp. in Milwaukee, has $53 billion of assets.


WESTUnion Bank of California in San Francisco has promoted four vice presidents — Jonathan A. Wright, John Chittenden, Pinkie Laye, and Jacqueline Schneider — to senior vice president. Their responsibilities did not change.

Mr. Wright is manager of fiduciary and investment programs for the wealth management division of community banking and investment services. He is responsible for compliance, trust real estate, trust tax, and central administrative support.

He joined the bank in 1980 as a vice president and associate general counsel in the legal division. Before that he was a trust counsel in the legal department of what was then San Francisco-based Bank of America.

Mr. Chittenden is manager of the bank’s risk-adjusted-return-on-capital system. He works in the financial planning and analysis department. Before joining the bank in 1998, he had been a senior manager for two years at KPMG Consulting.

He has 15 years of financial services experience, including jobs at Treasury Services Corp., the former Security Pacific Bank, Cal Fed, and Peat Marwick.

Both Mr. Wright and Mr. Chittenden are based in the bank’s Los Angeles office.

Ms. Laye is an area manager in the human resources division, responsible for employee relations services and programs in northern and central California, Oregon, Washington, and New York. She joined the bank and its human resources division in 1981.

Ms. Schneider is the manager for accounting policies and financial reporting in the controller’s department.

Before joining the bank in 1997 she was a senior vice president and chief financial officer in Smith Barney’s Paris office.

Both Ms. Laye and Ms. Schneider are based in the bank’s San Francisco headquarters.

Union Bank, which has $34 billion of assets, is mostly owned by Bank of Tokyo-Mitsubishi Ltd.


Sanwa Bank California in Los Angeles has hired William Strickley to head its commercial banking center with the rank of senior vice president.The commercial banking center provides loans and services to corporate customers in the central and western areas of Los Angeles.

Mr. Strickley was the vice president of finance at Redondo Beach, Calif.-based Internet Ventures Inc. He was responsible for corporate financial management, strategic planning, and leasing relationships.

Earlier he had been managing director of the entertainment media group and a manager of corporate relationships in the health-care industry group at Bank of America, where he worked 25 years.

Sanwa Bank California has $9 billion of assets.

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