Charter Bancshares Announces Promotions and Leadership Changes

Peter E. Fisher, 47, has been promoted to the position of President and Director of Charter National Bank-Houston, the largest banking subsidiary of Charter Bancshares. Fisher, formerly Executive Vice President for Charter-Houston, will oversee the bank's operations while continuing to have supervisory responsibility over the area. The promotion reflects the company's confidence in its executive team and Fisher's extensive commercial banking experience.

Key Takeaways:

• Peter E. Fisher has been promoted to President and Director of Charter National Bank-Houston, effective immediately.
• Fisher will have supervisory responsibility over the area in addition to his duties as President.
• Five executive officers have been promoted to Senior Vice President of Charter Bancshares: Thomas C. Sooy, William S. Shropshire, Jr., Michael S. Dafferner, Marshall R. Holman, and Jonathan S. Finger.
• Michael A. Roy has been promoted to Vice President of the holding company.
• Mark T. Giles, who will be leaving Charter after the first of the year, will be succeeded by Jerry E. Finger, who will assume the title of President of the holding company.

Statistics:

• Charter National Bank-Houston has total assets of $430 million.
• Charter Bancshares has total assets of $707 million at September 30, 1994.
• The company operates 16 locations in the Houston/Galveston area.

Sources:

• "Charter Bancshares, Inc. Announces Promotions and Leadership Changes" - Business Wire, December 7, 1994.
• Charter Bancshares, Inc., Houston.