Nomination of James E. Gilleran To Be Comptroller of the Currency

The President today announced his intention to nominate James E. Gilleran, of California, to be Comptroller of the Currency, Department of the Treasury, for a term of 5 years. He would succeed Robert Logan Clarke.

Since 1989, Mr. Gilleran has served as superintendent of the California State Banking Department in San Francisco, CA. Prior to this, he served as president of the Commonwealth Group, 1987 - 89; managing partner with Peat Marwick in San Francisco, CA, 1969 - 87; and as partner-in-charge of the banking industry group of Peat Marwick in Los Angeles, CA, 1958 - 69.

Mr. Gilleran graduated from Pace University (B.B.A., 1955). He was born May 1, 1933, in Ellenville, NY. Mr. Gilleran served in the U.S. Army, 1955 - 57. He is married, has two children, and resides in San Francisco, CA.