First Security Corp., Salt Lake City, has named executive vice president Michael P. Caughlin to its eight-person management committee. He succeeds T. Eugene King, head of the technology and processing group, who is retiring Nov. 30.
Mr. Caughlin is chief business officer of First Security Information Technology Inc.
He joined the bank in 1974 as a management trainee. In 1982, he was named vice president and operations officer in Boise, and later became assistant manager of the main Boise office. In 1988, he was named administrator of First Security Bank of Idaho.
In 1993, Mr. Caughlin was elected senior vice president, office of the chairman, at First Security Idaho. Last year, he was promoted to his current position with the technology unit.