Regions Bank CEO to retire next year

BIRMINGHAM, AL (WBRC) - Birmingham-based Regions Bank's CEO, Dowd Ritter, is retiring March 31st.

Ritter began his banking career through the company's management training program in 1969. He worked his way up the company ladder until he became CEO in 2006.

The company's COO, Grayson Hall, will take over as CEO.

Hall is responsible for all the company's branches in 16 states.