Last updated 5:14AM ET
May 26, 2012
KPLU Local News
KPLU Local News
WaMu CEO Sheds Chairman Role
(2008-06-02)
(KPLU) - Seattle-based Washington Mutual Corp has made some changes at the top. CEO Kerry Killinger remains in charge of the company, but has stepped down as chairman of its board. Another WaMu board member, Steven Frank, has moved into that position and so far, the stock market seems to like the news. More from KPLU business and labor reporter Bellamy Pailthorp.

Click here for WaMu's Press Release
Click here for additional perspective from Dick Bove
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