Friday, 29 June 2007

Commerce Bancorp CEO retires as probe ends

(Reuters) - Commerce said it is creating an office of the chairman for Commerce Bank, comprising Dennis DiFlorio as chairman, Robert Falese as president and chief executive, and Douglas Pauls as chief financial officer. DiFlorio was most recently the bank's president, overseeing retail banking, while Falese was president of commercial and investment banking.




The company did not in a press statement say who will replace Hill as chief executive of Commerce Bancorp. A spokesman was not immediately available for comment.


Read more at Reuters.com Business News

No comments: