While some executives take off to a Florida beach vacation to relax, C. Paul Johnson, chairman and chief executive officer of First Colonial Bankshares, takes a road much less traveled. When he needs to unwind, this top honcho flies his Cessna 340A out of Chicago to his llama ranch in Lander, Wyo.

Once on Popo Agie, Mr. Johnson's 4,000-acre ranch, a transformation takes place. The Chicago CEO puts on his worn denim and slips into his cowboy boots and 10-gallon hat; around his waist he wears the leather belt branded with his nom de ranch: Colonel.

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