NationsBank taps Taylor to run Western operations New duties to follow BankAmerica merger

Banking

August 12, 1998|By SUN STAFF

R. Eugene Taylor, who led NationsBank Corp.'s efforts in Maryland for five years until he took over the company's Florida operations early this year, will run the bank's western region after its merger with San Francisco-based BankAmerica Corp.

Taylor left as president of NationsBank's mid-Atlantic banking group in January to become president of NationsBank Florida, which has 1,147 branches and 30,000 workers, after NationsBank's $14.6 billion purchase of Barnett Banks Inc.

In his new job, Taylor will be president of NationsBank's west region, with responsibility for operations in Alaska, California, Idaho, Oregon and Washington.

"We're sorry to lose him here in Florida," said George Owen, a NationsBank spokesman. "Although he's only been here a short period of time, he's well-respected. But it's an incredible opportunity to go to the West Coast."

Taylor, who couldn't be reached for comment yesterday, was president of NationsBank's Florida operations for three years before moving to Baltimore in 1993, when NationsBank bought MNC Financial Inc.

His participation in local causes won Taylor the admiration of other Baltimore business leaders.

Taylor, a Florida native, was a founding member of the Greater Baltimore Alliance, a regional economic development group. He worked closely with the Greater Baltimore Committee, helped raise money for the Babe Ruth Museum and served on the board of the University of Maryland Medical Center.

Before he left for Florida, Taylor worked on the proposal to attract the 2012 Olympic Summer Games to the Baltimore-Washington region.

The $59.3 billion union between Charlotte, N.C.-based NationsBank and San Francisco-based BankAmerica Corp. is scheduled to be completed Sept. 30.

In his new job, Taylor will continue to report to Ken Lewis, the new company's president of consumer and commercial banking. Job cuts from the BankAmerica deal could range from 5,000 to 8,000.

Together, the merged companies have 180,000 employees.

Pub Date: 8/12/98

Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.