Corp., naming William O'Shea as chairman and chief executive. He remains an executive vice president of Reuters America Holdings Inc. Mr. O'Shea assumes the role that had been filled by the founder of the unit, Christopher L. Snyder, who recently stepped down to develop new ventures in data base publishing outside the commercial lending market. Reuters promoted Arthur P. Davis 3d to president and chief operating officer of the unit. He had been senior vice president. In addition, the following executives were named to the board of directors: Michael Sepesi, vice president and chief financial officer of Loan Pricing; Hubert Holmes, executive vice president of Reuters America Holdings, and Devin N. Wenig, corporate counsel to Reuters America. Louis F. Provenzano Jr., a Loan Pricing senior vice president, was named an advisory member of the board. Loan Pricing was founded in 1986. Reuters acquired a majority interest in 1993.

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