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.