People: Doral Financial Corp (DRL.N)

DRL.N on New York Stock Exchange

7.28USD
19 Sep 2014
Price Change (% chg)

$0.02 (+0.28%)
Prev Close
$7.26
Open
$7.26
Day's High
$7.51
Day's Low
$6.87
Volume
75,486
Avg. Vol
117,598
52-wk High
$21.95
52-wk Low
$1.87

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Summary

Name Age Since Current Position

Dennis Buchert

66 2013 Non-Executive Independent Chairman of the Board

Glen Wakeman

53 2006 President, Chief Executive Officer, Director

David Hooston

57 2013 Chief Financial Officer, Executive Vice President

Enrique Ubarri

41 2006 Executive Vice President, General Counsel

Christopher Poulton

41 2009 Executive Vice President - U.S. Operations

Jesus Mendez

55 2013 Executive Vice President - Puerto Rico Operations

James Gilleran

80 2012 Lead Independent Director

Douglas Jacobs

66 2009 Independent Director

Gerard Smith

66 2008 Independent Director

Biographies

Name Description

Dennis Buchert

Mr. Dennis G. Buchert is Non-Executive Independent Chairman of the Board of Doral Financial Corp., effective May 1, 2013. He is President of Whitehall Associates, a private consulting company, since 2005. Chairman of the Board of Directors of Doral Financial from January 2007 to July 2007. Chief Executive Officer of Crédit Agricole Indosuez (US), a corporate and investment bank, from 2003 to 2004; President and Chief Executive Officer of IBJ Whitehall Bank & Trust Company, N.Y., a wholesale bank, from 1997 until its acquisition by Mizuho Corporate Bank in 2002; Executive Vice President of IBJ Schroder Bank & Trust Company, N.Y., a predecessor company to IBJ Whitehall Bank & Trust Company, N.Y., from 1994 to 1997.

Glen Wakeman

Mr. Glen R. Wakeman is the President, Chief Executive Officer, Director of Doral Financial Corp. He has been President of Doral Bank since October 2008; President and Chief Operating Officer of Doral Financial from May 2006 to August 2006; Chief Executive Officer of General Electric Consumer Finance Latin America from 1999 to 2006.

David Hooston

Mr. David E. Hooston has been appointed as Chief Financial Officer, Executive Vice President of Doral Financial Corporation, effective October 3, 2013. Prior to becoming an employee of the Company, Mr. Hooston served as Managing Partner of Granite Bay Partners, LLC during 2013 and from 2007 to 2009. Granite Bay Partners is a financial institution consulting and private equity firm that invests in banking institutions and financial services businesses in the Western United States. From 2009 to 2012, Mr. Hooston served as Chief Financial Officer of HomeStreet, Inc. (NASDAQ: HMST) a diversified financial services company headquartered in Seattle, Washington. From 1995 to 2007, he served in various positions in Placer Sierra Bancshares (a California-based bank holding company), including Chief Financial Officer and President and Chief Operating Officer. Mr. Hooston obtained a BA in Business Economics from University of California-Santa Barbara and is a Certified Public Accountant.

Enrique Ubarri

Mr. Enrique R. Ubarri is Executive Vice President, General Counsel of Doral Financial Corp., since October 2, 2006. Previously he was employed as Vice President and General Counsel of Triple-S Management Corporation, an insurance holding company, from September 2005 to September 2006; and Senior Vice President, General Counsel and Director of Compliance of Santander BanCorp from October 2000 to September 2005. Mr. Ubarri received a Bachelor of Arts (BA) from Boston University with a concentration in Political Science; a Juris Doctor (JD) from the Interamerican University of Puerto Rico; a Master of Laws (LLM) from the Georgetown University Law Center with a concentration in Securities and Financial Regulation; a Master of Laws from the Boston University School of Law, Morin Center for Banking and Financial Law with a concentration in American Banking; and a Master of Business Administration (MBA) from the Wallace E. Carroll School of Management at Boston College with a concentration in Management of Financial Institutions.

Christopher Poulton

Mr. Christopher C. Poulton is Executive Vice President - U.S. Operations of Doral Financial Corp. He served as Executive Vice President and Chief Business Development Officer from June 1, 2007 to March 2009. Previously he was employed in various positions at GE Money (formerly known as GE Consumer Finance) from 1993 to May 2007 including Vice President — Business Development. Mr. Poulton holds a Bachelor of Business Administration (BBA) in Finance and Marketing from the Southern Methodist University and a Master of Business Administration (MBA) from the University of Chicago Booth School of Business.

Jesus Mendez

Mr. Jesus Mendez is Executive Vice President - Puerto Rico Operations of Doral Financial Corp., since February 2013. Prior to joining the Company, from January 2011 to December 2012, Mr. Méndez served as Secretary of the Treasury for the Commonwealth of Puerto Rico; from January 2009 to January 2011, Mr. Méndez served as the Executive Director of the Public Buildings Authority for the Commonwealth of Puerto Rico and as Executive Vice President of the Government Development Bank of Puerto Rico. Before entering public service, from April 2005 to December 2008, Mr. Méndez was the President and Chief Executive Officer of Tresamici Group, the privately owned assisted living company in Puerto Rico. From 1996 to 2005, Mr. Méndez served in several positions at the Santander Group in Puerto Rico, including Chief Operating Officer and Managing Director of Santander Securities (August 1996 to December 2003), First Senior Vice President and Trust Officer at Banco Santander Puerto Rico (January 2004 to April 2005), and President and Chief Executive Officer at Santander Asset Management (January 2004 to April 2005). He received a BA in Business Administration from the University of Puerto Rico. Mr. Méndez is a Certified Public Accountant.

James Gilleran

Mr. James E. Gilleran is Lead Independent Director of Doral Financial Corporation. He has been President and Chief Executive Officer of the Federal Home Loan Bank of Seattle from May 2005 to April 2007. Director of the Office of Thrift Supervision from December 2001 to April 2005. Chairman and CEO of the Bank of San Francisco from October 1994 until December 2000. Superintendent of Banks for the State of California from 1989 to 1994. Member of the Bar in California and Washington, DC. Certified Public Accountant in North Carolina.

Douglas Jacobs

Mr. Douglas L. Jacobs is Independent Director of Doral Financial Corporation., since February 17, 2009. He is a Self-employed investor since 2003. Executive Vice President and Treasurer for FleetBoston Financial Group, a Boston-based bank, from 1995 to 2003. His career began at Citibank in 1972, where he ultimately assumed the position of Division Executive for the Investment Banking Group’s Mortgage-Backed Securities Group. Mr. Jacobs’ other directorships include Fortress Investment Group LLC, a publicly traded investment management firm, from 2007 to the present, Clear Channel Outdoor Holdings, a publicly traded advertising company, from 2010 to the present, Springleaf Finance, Inc., a private company, and Springleaf Finance Corporation, a private company, from 2010 to the present. Previous directorships include ACA Capital Holdings, Inc., formerly a publicly traded company, from 2004 to 2008, and Global Signal, Inc. formerly a publicly traded company, from 2004 to 2007.

Gerard Smith

Mr. Gerard L. Smith is Independent Director of Doral Financial Corp., since June 23, 2008. He has been a Private consultant since 2006. Mr. Smith served as Managing Director in charge of Bank Mergers and Acquisitions at Credit Suisse from 1998 to 2006. He also served as head of the UBS Bank Group from 1995 to 1998. Mr. Smith was one of the three founding members of the Financial Institutions Group at Salomon Brothers, an investment bank, from 1976 to 1985.

Basic Compensation

Name Fiscal Year Total

Dennis Buchert

--

Glen Wakeman

4,624,660

David Hooston

--

Enrique Ubarri

1,045,530

Christopher Poulton

1,500,960

Jesus Mendez

--

James Gilleran

--

Douglas Jacobs

--

Gerard Smith

--
As Of 30 Dec 2012
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