A thrift president who joined Firstar Corp. three-and-a-half years ago is being squeezed out as the Milwaukee-based company reorganizes.

Robert Pieters started his banking career in 1975 as the chief financial officer of $75 million-asset Freedom Savings and Loan of Menomonee Falls, Wis. After being promoted to president in 1980, Mr. Pieters oversaw two mergers that boosted the thrift's assets to $450 million.

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.