Huntington Bancshares has announced that Marty Adams will retire as president and COO effective December 31, 2007.
Mr Adams has served in his current position since the completion of the merger between Huntington and Sky Financial Group, on July 1, 2007. He will also step down as a company director at that time. He will serve as a consultant to Huntington for one year following his retirement to assist with matters concerning Franklin Credit Management Corporation and other transitional issues.
Mr Adams began his career in 1977 with The Citizens Banking Company, Salineville, Ohio. He held several key positions and eventually became president and CEO of the company and its parent company, Citizens Bancshares.
Mr Hoaglin will once again assume the role of president upon Mr Adams’ retirement. Mr Hoaglin’s retirement plans, previously announced in conjunction with the merger, are no longer in effect. As part of its normal fiduciary duties, the board of directors will review management succession plans on an ongoing basis.
Thomas Hoaglin, Huntington’s chairman and CEO, said: Marty has had a truly distinguished 30-year banking career, having built Sky from a small community bank in Ohio into an $18 billion diversified financial holding company with locations throughout the Midwest. We wish him the best in retirement.