President and chief executive officer of Fleet Capital Corporation, James G. Connolly, has been tapped to lead the combined asset-based lending businesses resulting from the merger of FleetBoston Financial with Bank of America Corporation. This will take effect upon completion of the merger, which is subject to pending regulatory and shareholder approval.
"The combined capabilities and talents in these businesses will give us a powerful presence in the marketplace," said Rich Higginbotham, recently named Asset-Based Lending/Leasing executive for the combined company. "Current and prospective customers will find an even broader array of financial options and the level of customer service they expect and deserve."
