COLUMBIA, S.C. -- Andrew D. Woodward, the longtime chief of Fleet Financial Corp.'s mortgage unit, has resigned to become president of NationsBank Corp.'s mortgage company.

At NationsBank, he replaces Eugene Phipps, who is taking over the company's specialty consumer products division. Michael Zucchini, vice chairman of Fleet, will take over as chief of the mortgage unit on an interim basis.

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.