Saying he has a sense of "ownership" about the strategies in place at Old Kent Financial Corp., president David Wagner took on the additional title of chief executive on Wednesday.

Carrying out a plan that was announced a year ago, Mr. Wagner succeeds John C. Canepa, who will remain a part of the company's senior management until August. Mr. Canepa will serve as an "outside" chairman of the board until 1997.

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