Hudson Family Passes Torch to New Generation At Fla.'s Seacoast

Seacoast Banking Corp., Stuart, Fla., promoted Dale M. Hudson to chairman, succeeding his brother Dennis S. Hudson Jr., 70, who is to retire June 30.

Dale Hudson, 63, is to relinquish his chairmanship at First National Bank and Trust Company of the Treasure Coast and the titles president and chief executive officer of the $1 billion-asset holding company to Dennis S. Hudson 3d. Mr. Hudson, 42, will remain CEO of the bank but be succeeded as its president by A. Douglas Gilbert.

Mr. Gilbert, 57, was promoted from senior executive vice president; he remains the bank's chief operating and credit officer. Before joining First National in 1990, Mr. Gilbert was president of First Union National Bank in Martin County and of its predecessor, Florida National Bank.