Succession planning

Peter Johnson, who has led the company since 2007, will be succeeded by Chief Financial Officer Laura Clark.

The Pennsylvania company said that Philip Wenger, who has been CEO since 2013, is stepping down on Jan. 1 and that Myers will succeed him.

Tim Hicks, the Arkansas company’s chief administrative officer, will succeed Greg McKinney as CFO in June. Meanwhile, Cindy Wolfe will be promoted to the newly created role of chief operating officer.

The San Francisco bank promoted its president, Mike Roffler, to the top job. He succeeds founder Jim Herbert, who has been on medical leave and now becomes executive chairman.

Gibbons, who became CEO of Bank of New York Mellon in 2019, is retiring on Aug. 31. Robin Vince, who leads the trust bank's global market infrastructure division, will be his successor.

Richard Adams Sr. will step down from United Bankshares' top job on April 1, after 47 years. Current President Richard Adams Jr. will take over.

Following the departure of longtime chairman and CEO Dan Sheehan, the company has chosen Abel Iglesias, president of Professional’s bank subsidiary, as the new CEO. Meanwhile, director Herbert Martens has become nonexecutive chairman.

The chief executives at 11 large and regional banks have been on the job for 21 years or more. Here's a countdown of who they are and how they've endured.

Following the recent resignations of the San Francisco bank’s co-CEO and chief operating officer, executives sought to project stability during an earnings call Friday. Employee morale is strong, and finding a leader who’s the right fit is more important than filling the job quickly, they said.

Gaye Erkan was widely seen as the front-runner to succeed founder James Herbert. Following her abrupt departure, the San Francisco bank must decide whether to find its next leader internally or recruit an outsider.