Boatmen's Trust Co., a subsidiary of St. Louis-based Boatmen's Bancshares, has announced that Martin E. Galt 3d will become chairman and chief executive on Monday.
Mr. Galt, 53, who currently is president of the $40 billion-asset trust company, will succeed John Peters McCarthy, who is retiring after 26 years at Boatmen's. Mr. Galt's trust career began in 1980 when he joined the Boatmen's unit as general counsel.
As president, a post he assumed in 1993, Mr. Galt has been responsible for all three of the unit's product lines - personal, pension, and corporate.
Mr. Galt is a graduate of Washington and Lee University and holds a law degree from Washington University in St. Louis. -