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May 02, 1997

San Francisco-based UnionBanCal Corp. said it expects to confirm Takahiro Moriguchi, 52, as president and chief executive at its May 28 board meeting. . . . Milpitas-based Quantum Corp. said it agreed to form a joint venture with Matsushita-Kotobuki Electronics Industries Ltd. to make recording heads for Quantum's disk drives. Matsushita-Kotobuki will invest $200 million to own 51% of the new operations. . . . San Jose-based Adobe System Inc. will be joining the S&P 500 index Monday, replacing Albuquerque-based Santa Fe Pacific Gold Corp.

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