Regions Financial exec Schenck to retire

Steve Schenck, who rose over a 34-year banking career to become Midwest regional president for Regions Financial Corp., will retire June 30, the Birmingham, Ala., bank announced today.

Schenck, 58, stayed in the same fifth-floor office of One Indiana Square downtown through a string of acquisitions that included ownership under NBD, First Chicago NBD and Union Planters Bank.