F&M National Corp. in Winchester, Va., has named Alfred B. Whitt to succeed its chief executive, who plans to step down next year.

Mr. Whitt, 60, currently president and chief financial officer of the $2.9 billion-asset company, is to succeed W.M. Feltner in May 2000. Mr. Feltner, 79, announced last month that he would retire. He has worked for F&M since 1942.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.