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Daley to Be Midwest Chairman of J.P. Morgan Chase & Co.
Byline: Mark Skertic
May 18--It was not the four years he spent as a bank executive a decade ago that won William Daley his new job as Midwest chairman of J.P. Morgan Chase & Co.
Daley's corporate savvy, political experience and Chicago roots prompted the bank to recruit him for a new position at what will soon be the city's largest bank. He will be the senior executive for the Midwest region, a job that includes being the corporate face of the bank, a rainmaker and strategist.
J.P. Morgan Chase is expected to complete its $55 billion purchase of Bank One this summer.
"Bill is something of an all-position player," said James Crown, the president of Henry Crown & Co. and a member of Bank One Corp.'s board. "We weren't looking for a specific financial talent -- if we were looking for someone to head the bond desk or…
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Source: HighBeam Research, Daley to Be Midwest Chairman of J.P. Morgan Chase & Co.
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