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Ex-GlenFed Official Now at Mellon Bank

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Keith P. Russell, formerly the second-highest ranking executive at GlenFed Inc. in Glendale, has been hired by Mellon Bank in Pittsburgh as an executive vice president responsible for information management and research, technology products and the mortgage banking departments.

Russell abruptly resigned in June as president and chief operating officer of GlenFed, parent of Glendale Federal Bank. Russell, who had been seen as a successor to Chief Executive Norman M. Coulson, had worked at GlenFed since 1985. The previous nine years he worked at Security Pacific Corp.

At Mellon, Russell will join a number of former Security Pacific executives, including Mellon Chief Executive Frank V. Cahouet.

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