MIDDLE ATLANTIC
PNC Financial Services Group Inc. of Pittsburgh said Michael N. Harreld will become the president of its Washington-area banking operations when it buys Riggs National Corp. of Washington, as it expects to do May 13.
Mr. Harreld is the president of PNC Bank's operations in Kentucky and southern Indiana. In 1987, when the company bought Citizens Fidelity Corp. of Louisville, Ky., he was the president of Citizens and its bank. (He had joined in 1969.) PNC made him their chief executive too in 1989.
Laila Batz-Krause will be PNC's retail banking manager in Washington, Wayne Hunley its corporate banking executive there, and Glenn Kinard the assistant territory manger.
Ms. Batz-Krause now leads PNC's retail bank in western Pennsylvania. Mr. Hunley leads corporate banking for large and midsize businesses in Pittsburgh and all markets south and west of the six states in which PNC has branches. Mr. Kinard is Riggs' executive vice president of community banking.
JPMorgan Chase & Co. of New York has named William C. Weldon to its board.Mr. Weldon has been the chairman and chief executive officer of Johnson & Johnson of New Brunswick, N.J., the giant health-care products company, since 2002.
Goldman Sachs Group Inc. of New York said that its former chairman is rejoining its board after two years as an economic adviser to the Bush administration.Stephen Friedman left Goldman's board in 2002 to become the director of the White House National Economic Council and the President's assistant for economic policy.
He resigned from both posts in December.
Mr. Friedman was Goldman's chairman and a senior partner from 1990 to 1994, when he retired after 30 years with the firm.
American International Group Inc. of New York has named former Merrill Lynch & Co. Inc. vice chairman Stephen L. Hammerman to its board.Mr. Hammerman worked for Merrill from 1978 to 2002.
Bisys Group Inc. of New York has made Robert Guillocheau the president of its retirement services group.Mr. Guillocheau joined the financial services outsourcer in 2003 as the head of service, operations, and information technology for the group.
Before that he had been the general manager and an executive vice president of retirement systems at First Data Corp., the Denver payment processor.
MetLife Inc. of New York has made Leland C. Launer Jr. the president of its institutional business operation.Mr. Launer, who is an executive vice president at MetLife and a 25-year veteran of the company, was its chief investment officer.
That job has now gone to Steven A. Kandarian, a new hire. Mr. Kandarian had been the executive director of the federal Public Benefit Guaranty Corp. during President Bush's first term.
Before that he had been a founder and managing partner of Orion Partners LP, a private equity firm in Wellesley, Mass.
SOUTHEASTThe Federal Reserve Bank of Richmond has made John A. Weinberg its director of research and promoted him to senior vice president.
Mr. Weinberg, who had been a vice president since 2000, has also been named to the bank's senior management team. He had been the acting director of research since August, when Jeffrey M. Lacker became the bank's president.
