-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, I1fUt6vRdggdtrI+wHHg5NhI464qjJexRCNkpPpe8jTo1LrdAcG1eosvgZijdANG 4gfIPuvSljx530NXcGnLfQ== 0000019617-99-000065.txt : 19990325 0000019617-99-000065.hdr.sgml : 19990325 ACCESSION NUMBER: 0000019617-99-000065 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990324 ITEM INFORMATION: FILED AS OF DATE: 19990324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHASE MANHATTAN CORP /DE/ CENTRAL INDEX KEY: 0000019617 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 132624428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-05805 FILM NUMBER: 99571327 BUSINESS ADDRESS: STREET 1: 270 PARK AVE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 270 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANKING CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL NEW YORK CORP DATE OF NAME CHANGE: 19880508 8-K 1 8-K DATED 3/24/99 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: March 24, 1999 Commission file number: 1-5805 -------------- ------ THE CHASE MANHATTAN CORPORATION (Exact name of registrant as specified in its charter) Delaware 13-2624428 -------- ---------- (State or other jurisdiction (I.R.S. Employer of incorporation) Identification No.) 270 Park Avenue, New York, NY 10017 (Address of principal executive offices) (Zip Code) (Registrant's telephone number, including area code): (212) 270-6000 Item 5. Other Events On March 24, 1999, The Chase Manhattan Corporation announced that William B. Harrison, Jr., 55, has been elected President and CEO. Mr. Harrison succeeds Walter V. Shipley, 63, who will continue in his capacity as Chairman of the Board. Thomas G. Labrecque, 60, President and COO, will retire. All of the changes are effective June 1, 1999. A copy of the press release is attached as an exhibit to this report. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits The following exhibit is filed with this report: Exhibit Number Description - -------------- ----------- 99.1 Press Release SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE CHASE MANHATTAN CORPORATION (Registrant) Dated: March 24, 1999 By: /s/Anthony J. Horan -------------------------------- Anthony J. Horan Corporate Secretary EXHIBIT INDEX Exhibit Number Description - -------------- ----------- 99.1 Press Release The Chase Manhattan Corporation 270 Park Avenue New York, New York 10017-2070 News Release FOR IMMEDIATE RELEASE Press Contact: Jim Finn 212-270-7438 Investor Contact: John Borden 212-270-7318 CHASE NAMES WILLIAM B. HARRISON, JR. PRESIDENT AND CHIEF EXECUTIVE OFFICER NEW YORK, March 24, 1999 -- The Chase Manhattan Corporation (NYSE:CMB) announced today that William B. Harrison, Jr., 55, has been elected President and CEO. Mr. Harrison succeeds Walter V. Shipley, 63, who will continue in his capacity as Chairman of the Board. Thomas G. Labrecque, 60, President and COO will retire. All of the changes are effective June 1, 1999. In a joint letter to employees announcing the changes, Messrs. Shipley and Labrecque said: "Fifteen months ago, we formed a nine person Executive Committee and started sharing more of our responsibilities with the members of that committee in order to prepare them for an eventual transition. Over the last year, we have had an extensive series of meetings with our Board of Directors to consider the substance and timing of management succession. We and the Board concluded that Chase has a wealth of talent on its senior management team and that the next generation is ready to take over." Commenting on his partnership with Mr. Labrecque, Mr. Shipley said: "Almost four years ago, the two of us set out as partners to form one of the best financial services companies in the world, characterized by market leadership positions, quality products, a focus on client relationships and a team-based culture. Tom and I committed ourselves to making decisions based upon what is in the best interest of shareholders, customers and employees. Bill Harrison is the right person to continue that commitment and to lead Chase into the next century." --more-- -2- Commenting on his appointment, Mr. Harrison said, "I am honored by the confidence placed in me by Walter, Tom and the Board. We have a dedicated and experienced team, and Chase has a broad base of clients and product leadership, diverse business franchises and demonstrated financial discipline that positions us very favorably for the future." Mr. Harrison is currently Vice Chairman of the Board of Chase, where he has served since 1990, and will continue as a director upon assuming his new position. Since 1987, he has also been responsible for the operations of the Global Bank, which consist of Chase's Investment Bank, Global Markets, middle market, the private bank and private equity investing. He has been with Chase for over 30 years and is largely credited with successfully integrating the wholesale operations of Chemical Bank and Chase into one of the world's most profitable wholesale-investment banks. # # # -----END PRIVACY-ENHANCED MESSAGE-----