Fleet Financial Group, Boston, named executive vice president Douglas B. Stotz as director of customer/product management in the retail banking division.
In the newly created post he will be responsible for $40 billion in consumer deposit and loan products, product development, and customer relationships and profitability.
Mr. Stotz, who had been the team leader of a Fleet task force that oversaw technology investments, will report to Anne M. Slattery, head of retail banking.
Before he joined Fleet as a senior vice president and director of corporate strategy in 1995, Mr. Stotz was manager in the financial services practice group at Boston Consulting Group.