Michael W. Chaney has become president and chief executive of First Security Leasing Co., a unit of First Security Corp., Salt Lake City. He succeeds Louis A. Harris, who has retired after a 40-year career with First Security. Mr. Chaney joined the leasing company in 1985 as vice president and regional manager of leasing operations in Idaho. In 1991, he was elected senior vice president and appointed manager of the leasing services division. He was a member of a management transition team that developed and implemented a bank-centered lease marketing program for the company.

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