First USA, the world’s largest Visa credit card issuer, confirmed Tuesday that Randy L. Christofferson, president of First USA Bank, has resigned to pursue other interests. The announcement was made by Richard W. Vague, chairman and chief executive officer of First USA.
“We appreciate Randy’s contributions to First USA and wish him well as he considers a number of alternatives outside of the company,” said Vague.
The First USA executive leadership team, which has been together for some time, will continue to report directly to Vague.
First USA (), a subsidiary of BANK ONE CORPORATION , is the world’s largest issuer of Visa cards. First USA offers credit cards for consumers and businesses under the First USA, First Card and Bank One names and on behalf of more than 1,500 marketing partners. BANK ONE CORPORATION, with assets of more than $250 billion, is the nation’s fifth-largest bank holding company.Details