Standard Federal Bank of Troy, Mich., said Friday that Scott K. Heitmann, its president, chairman, and chief executive, will retire April 1.
The $41.3 billion-asset bank is a unit of ABN Amro Holding NV, for which Mr. Heitmann, 56, has worked 16 years. He has led Standard Federal since 1997.
Mr. Heitmann will also retire from his vice chairmanship of the Dutch banking giant's $106.6 billion-asset LaSalle Bank Corp. of Chicago and North American holding company. There are no plans to replace him at LaSalle, a spokesman said.
Mark A. Hoppe, 50, who runs Standard Federal's commercial banking division, will succeed Mr. Heitmann as CEO. Board member James B. Nicholson, 61, will take over as nonexecutive chairman; Mr. Nicholson is the president, CEO, and principal shareholder of PVS Chemicals Inc. in Detroit.
