Banking

Bank CEOs post-merger: Where are they now?

When a bank gets offered, its CEO frequently sits at a profession crossroads.

Sometimes the president is close to retirement age; undoubtedly, the choice to offer the bank is regularly connected to the profession arc of an aging CEO. But in other cases, the magnate at the obtained bank still has a lot of working years left.

The profession courses of 8 previous CEOs, summed up listed below, recommends that these executives routinely discover a brand-new function in the banking market — frequently as a board member or as the president of another bank.

But a few of the previous presidents have actually taken less typical profession turns, consisting of one who did a prominent stint in federal government and another who had a brief turn at the top of the city of Cleveland’s public-school system.

The list covers almost 15 years of bank M&A — from Commerce Bancorp’s sale back in 2007 to 2 regional-bank offers that closed previously this year.



Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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