Smith Has No Guarantee Of Heading BankAmerica

SAN FRANCISCO - Robert H. Smith, chairman of Security Pacific Corp., has received no assurance that he will eventually succeed Richard M. Rosenberg as head of BankAmerica Corp. after the two companies merge, with the recently announced merger accord.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.