Beginning May 1, Kenneth Stevens, who made a name for himself as president of Taco Bell Corp., will get the opportunity to apply what he learned in the fast-food business to banking.

"What (chief executive) John McCoy is thinking is Banc One should be a consumer-oriented purveyor of financial services," said Mr. Stevens, the newly named chairman and chief executive of Banc One Corp.'s retail group.

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.