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National City Corp.

National City Corp. promoted Peter E. Raskind to CEO, succeeding David A. Daberko. Daberko will remain chairman until his retirement at the end of the year. Raskind joined National City in September 2000 as the head of consumer finance. He was elected vice chairman in 2004 and appointed president

in 2006.

"Peter has been instrumental in shaping the strategic direction of National City and has been a driving force behind many of our most significant accomplishments, including the transformation of our retail bank into one of the most competitive in the industry," says Daberko. "Having witnessed Peter's deep understanding of our company and his ability to drive superior execution, our board and I have every confidence that he is the right leader for National City going forward."

Raskind received a bachelor's degree in economics from Dartmouth College and a MBA with a concentration in finance from Dartmouth's Amos Tuck School of Business Administration in 1979.

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