Passage: H. Marshall Schwarz was named chairman and chief executive officer of U.S. Trust Corp., a private-banking firm with assets under management of about $17 billion. Mr. Schwarz, 52 years old, will succeed Daniel P. Davison Feb. 1, soon after Mr. Davison reaches the company's mandatory retirement age of 65.
What event has already happened? What is happening now? What will happen in the future? What will happen after H. Marshall Schwarz was named chairman? What has started before H. Marshall Schwarz was named chairman? What will happen after Mr. Davison reaches retirement age? What has happened before Mr. Davison reaches retirement age? What event has started before Mr. Davison reaches retirement age?