BankAmerica Corp. vice chairman Martin A. Stein plans to resign after the San Francisco-based company completes its merger with NationsBank Corp.
Mr. Stein, who is the director of technology and computer operations, "is leaving the company for other opportunities," BankAmerica spokesman Michael A. Zampa said Thursday.
The news follows Tuesday's announcement that James Dixon, Mr. Stein's counterpart at Charlotte, N.C.-based NationsBank, would become group executive for technology and operations at the merged institution.
Mr. Stein, 56, is the second top executive to announce departure plans since the April 13 announcement of the merger deal. Retail chief H. Eugene Lockhart last month resigned after NationsBank president Kenneth D. Lewis was tapped as head of global retail banking.