Geoffrey A. Thompson, president and chief executive...
Geoffrey A. Thompson, president and chief executive of Marine Midland Banks, has resigned, the company announced.
Thompson, 50, also resigned his positions on the boards of directors of HSBC Holdings and the Hongkong & Shanghai Banking Corp., which is Marine Midland’s parent company.
The bank announced that Thompson would be replaced by John H. R. Bond, executive director of the Hongkong & Shanghai Banking Corp., subject to government approval.
Bank spokeswoman Patricia Coate said Thompson told the board “he wanted to pursue other interests.” She did not elaborate.
Thompson joined Marine Midland in 1981 as senior planning officer and was named manager of the bank’s core consumer and commercial banking business a year later. He was named CEO in 1988.
Bond, 49, joined Hongkong Bank in 1961. After stints in Hong Kong, Singapore, Thailand and Indonesia, he served in the United States as the bank’s chief executive for the Americas from 1987 to 1990.
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