Bank of America has finally tapped a new executive to replace Daniel K. Fitzpatrick, who jumped over to Citizens Bank last November.
Thomas C. Woodward was named Pennsylvania state president and Philadelphia market president today. He had been and will remain senior risk manager for Bank of America's commercial banking division handling Pennsylvania, New Jersey and Delaware.
Woodward, 51, joined Bank of America in 2006 from Wachovia. He's a Philadelphian, born in Coatesville. His 25-year career in banking began at the Industrial Valley Bank in 1979. (Raise your hand if you remember IVB!) He later worked at the Philadelphia-based banks that preceded Wachovia here.
Fun fact of the day: Woodward took a leave of absence from Wachovia in 2002 and 2003 to be chief operating officer of the Historical Society of Pennsylvania. That was when the nonprofit group merged with the Balch Institute for Ethnic Studies.
Fitzpatrick had been Bank of America's top commercial-banking executive in the Philadelphia region. He moved to Citizens in December to succeed Stephen D. Steinour, who had been promoted to CEO of Citizens Financial Group Inc., of Providence, R.I.
