Charter One Mortgage Corp. in Richmond, Va., has promoted Dwayne L. Cook to executive vice president and chief administrative officer and John P. Porath to senior vice president and national sales director.

Mr. Cook had been a senior vice president and chief financial officer since joining the company in 1998. In addition to keeping his CFO responsibilities, he is in charge of risk management, underwriting, secondary marketing, production administration, quality control, and compliance functions. Before joining Charter One, Mr. Cook was a senior manager at KPMG Peat Marwick.

Mr. Porath was vice president for the five-state southern region. He is in charge of business development strategy and the retail branch network in his new post. He joined the company in 1997 as an area manager for North Carolina and South Carolina after leaving Norwest Mortgage.

Charter One has also promoted Joseph Iannucci from assistant vice president and financial reporting manager to vice president and controller.

He joined the company in 1998 from Albank Financial Corp. in Albany, N.Y., where he managed the financial reporting and investor accounting department in the mortgage servicing division.

Charter One Mortgage is a subsidiary of $25.5 billion-asset Charter One Financial Inc. in Cleveland.

MIDWESTNational City Bank in Cleveland has promoted Jeffrey L. Hawthorne to senior vice president and senior lender in its large-corporate banking group.

Mr. Hawthorne is in charge of managing relationships with many Fortune 500 companies. He analyzes, structures, and prices loans to companies with more than $500 million of annual revenue.

He was a calling officer and team leader in the metropolitan banking group. Earlier he was a finance officer for National City's former subsidiary BancOhio National Bank. He had joined BancOhio in 1978 as a data processing analyst. He began his banking career at Hibernia Bank in New Orleans.

National City is the Ohio bank subsidiary of $85 billion-asset National City Corp.

Comerica Bank in Detroit has promoted Daniel J. McCarty from first vice president to senior vice president of treasury management services.Mr. McCarty had been first vice president and manager of treasury management sales and the customer service group since April. He joined the company in 1979 as a credit analyst.

He succeeded Thomas Ogden who has moved to the credit division at Comerica, and he reports to vice chairman Joseph Buttigieg.

WESTU.S. Trust Co. has hired Mary W. Lernihan to be a vice president and senior banking officer in its San Francisco office.

U.S Trust is an investment management company that sells fiduciary and private banking services to affluent people, families, and institutions.

Ms. Lernihan was a vice president and relationship manager at Chase Manhattan Private Bank and Trust Co. From 1995 to 1997 she was corporate treasurer at Ultratech Stepper Inc., a photolithography equipment developer, manufacturing, and marketing firm in San Jose, Calif. Still earlier she was vice president of the financial institutions division at First Interstate Bank of California in Los Angeles.

U.S Trust is a subsidiary of U.S. Trust Corp., which has $77 billion of assets under management and is the parent of United States Trust Company of New York.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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