BANKING/ FINANCE
Compiled by James S. Granelli; Times staff writer
CommerceBank Resignation: Anthony M. Vitti has resigned as a director of CommerceBank and its parent company, CommerceBancorp, to devote more time to his own company and to his position as a trustee for the California State University system.
Vitti is an original member of the Newport Beach bank’s board. He is co-chairman of Manchester Development, the real estate development arm of Fidelity National Financial Inc., an Irvine-based title insurance holding company.
The board positions will remain vacant for now, said Clyde Gossert, the bank’s chairman.
