Huntington Exec Leaves, Spurring Sale Talk

The departure of the likely successor to Huntington Bancshares(HBAN Quote) CEO Thomas Hoaglin has some observers suggesting that the regional bank should put the "for sale" sign on the door.

The Columbus, Ohio-based bank said Monday that Marty Adams, Huntington's president and COO, will retire at the end of the month. Adams was previously the CEO at Sky Financial, which Huntington acquired in July.

As part of the terms of the deal, Adams, 55, was set to succeed Hoaglin as Huntington's CEO in December 2009. Hoaglin was to remain chairman until 2011, but his plans to retire "are no longer in effect," Huntington said on Monday. ...