CHICAGO: Melinda McMullen has been named the new SVP of
communications and public affairs for Bank One, the country's
fifth-largest bank holding company.
Joining this week, McMullen will report to chairman and CEO Jamie Dimon,
and will oversee corporate communications, media relations,
contributions, and community affairs, as well as the bank's
Dimon came to Bank One in March 2000 to turn around an institution that
had been plagued by problems at its First USA credit card unit. It also
had invested heavily in Internet-only bank WingspanBank.com, which it
closed this year after failing to attract a large-enough customer
McMullen is replacing Gerald Buldak, a longtime fixture of Chicago
banking PR, who has taken early retirement. She comes to Bank One from
IBM, where she was VP of communications for IBM Global Services.
"Bank One's continuing improvements provide excellent opportunities to
tell our story," she said. The bank recently reported second quarter
earnings of 60 cents per share, compared to a loss of $1.11 per
share in the same quarter last year.