Commerce Bancorp: Commerce Bancorp said Friday that...

Commerce Bancorp: Commerce Bancorp said Friday that Timothy Strader has stepped down as chairman of the holding company’s principal subsidiary, Commerce Bank. He will retain his position as chairman of Commerce Bancorp, the holding company. Clyde H. Gossert, president and chief executive of Commerce Bank, was promoted to chairman and chief executive. Raymond E. Dellerba, executive vice president, was promoted to president. In addition, Harvey Ferguson was appointed executive vice president of Commerce Bancorp and executive vice president of the bank in charge of bank operations.