LOS ANGELES--(BUSINESS WIRE)--March 15, 2004--City NationalCorporation (NYSE:CYN) today announced that Chief Financial OfficerFrank Pekny will relinquish his day-to-day responsibilities, effectiveimmediately. Mr. Pekny has been battling cancer since early this year.
Although he will leave his position as chief financial officer,Mr. Pekny plans to continue in his role as Vice Chairman of CityNational Bank and Executive Vice President of City NationalCorporation, providing counsel on corporate, strategic and financialmatters.
Controller Stephen McAvoy will serve as the company's acting chieffinancial officer while the search for a permanent successor isunderway.
"Frank is a good friend," said Chief Executive Officer RussellGoldsmith, "and he has contributed enormously to City National'sgrowth and success during the last 12 years. We're very hopeful thathe will return to good health and a full-time role."
CONTACT: City National Corporation Stephen McAvoy, 213-347-2653 (Investor Contact) Steve.McAvoy@cnb.com Cary Walker, 213-833-4715 Cary.Walker@cnb.com SOURCE: City National Corporation