Gunnar S. Overstrom Jr., the executive who oversaw Fleet Financial Group's aggressive investment management acquisition strategy, will resign once Fleet's merger with BankBoston Corp. is complete, a Fleet spokesman confirmed Tuesday.

Mr. Overstrom, a Fleet vice chairman, will be succeeded by Bradford H. Warner, a BankBoston vice chairman for regional banking, the spokesman said.

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.