The president of Compass Bancshares' brokerage arm will leave within 90 days, a bank spokeswoman said.

Randy Reynolds did not say what he will do next, the spokeswoman said. Mr. Reynolds did not return calls.

This would be the second time in two years that Mr. Reynolds has resigned from the Birmingham, Ala.-based company. He left Compass Brokerage Inc. the first time to help start a company that invests in plastic surgery and cosmetic dental practices. He returned to the bank several months later.

The $17.3 billion-asset banking company has not named a successor, the spokeswoman said.

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