Doug Petno and Troy Rohrbaugh have been appointed as Co-Presidents of the firm. Doug Petno will serve as sole CEO of the Commercial & Investment Bank (CIB). Troy Rohrbaugh will transition to CEO of Consumer & Community Banking (CCB). Marianne Lake, current CEO of CCB, is retiring after 25 years of service. The Board approved $100 million in total retention equity awards for four key Operating Committee members.