W Holding Company, Inc. Announces Freddy Maldonado Reassumes the Duties of Chief Financial...

W Holding Company, Inc. Announces Freddy Maldonado Reassumes the Duties of Chief Financial Officer (CFO) MAYAGUEZ, Puerto Rico, Aug. 13 /PRNewswire-FirstCall/ -- W Holding Company, Inc. (NYSE: WHI) (the "Company"), the bank holding company of Westernbank Puerto Rico, announced today that Mr. Freddy Maldonado has been appointed and resumes the duties of Senior Executive Vice President and Chief Financial Officer (SEVP-CFO) of the Company and its subsidiaries (the "Holding Company"), replacing Mr. Jose Armando Ramirez, who was retained as Chief Financial Officer and Chief Operating Officer in August 2007. Mr. Ramirez and the Company mutually and amicably agreed to conclude the existing contractual relationship in accordance with the provisions of his employment agreement as of August 8, 2008. In connection with the appointment... [read full story]