Investigations by the Office of the Comptroller of the Currency led the board of Commerce Bancorp Inc. to oust Vernon W. Hill II, its chairman and CEO last year, according to a federal lawsuit filed by Hill last week.
Now, the regulator who oversaw that investigation just got a promotion. Tim Long was named senior deputy controller for bank supervision policy. (He's succeeding a 42-year veteran of the agency who's retiring in April.)
