National City CFO to retire

From Forbes: National City Chief Financial Officer Jeffrey Kelly to retire Sept. 30:

National City Corp. Wednesday said Jeffrey Kelly, its chief financial officer and vice chairman, will retire, effective Sept. 30.

Kelly has also left the company's board, effective immediately.

National City said it has already begun an external search for a successor.

Shares of National City closed Tuesday at $4.79. The stock is down 85% over the past 52 weeks.

See also: Press release