FirstMerit Corp., Akron, Ohio, said president and chief executive officer John R. Cochran would become chairman of the company and its lead subsidiary, FirstMerit Bank, on Feb. 1. He will remain CEO of both.
In addition, Sid A. Bostic was hired as president and chief operating officer of both. Mr. Bostic, now chairman, president, and CEO of Norwest Bank Indiana in Fort Wayne, will join FirstMerit on Feb. 1.
John R. Macso was named president of FirstMerit Services Co. as well as chief technology officer of the parent company. Mr. Macso was president and CEO of FirstMerit Bank in Akron and Cleveland, and executive vice president of FirstMerit Corp.
And Richard G. Norton was promoted from executive vice president to president of FirstMerit Bank Akron. He remains its managing officer.