Wachovia said late yesterday it has appointed Robert Steel as the company's new CEO, President and member of the board of directors, effective immediately. Steel most recently served as Under Secretary for Domestic Finance for the U.S. Department of Treasury. "Bob is a distinguished and widely respected leader in the financial services sector whose vast experience and deep knowledge make him the ideal candidate to lead Wachovia," Chairman Lanty Smith said in a prepared statement.
I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
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Wachovia said late yesterday it has appointed Robert Steel as the company's new CEO, President and member of the board of directors, effective immediately. Steel most recently served as Under Secretary for Domestic Finance for the U.S. Department of Treasury. "Bob is a distinguished and widely respected leader in the financial services sector whose vast experience and deep knowledge make him the ideal candidate to lead Wachovia," Chairman Lanty Smith said in a prepared statement.
Wachovia closed today at $14.29 (down 8.0%).
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