WestCorp

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WestCorp

COMPANY

Banking, founded 1972 by Ernest S. Rady as Western Thrift & Loan Association, the name changed in 1990 to WestCorp. It operates primarily through its subsidiary, WFS Financial Inc., a major provider in California of used car loans. In 2006 Westcorp was sold to Wachovia for $3.9B stock, and Rady gained a seat on Wachovia's board of directors.

Official Website:
http://www.wfb.com/

Industry:
Banking

Ticker:
(defunct)

Corporate headquarters:
Irvine, CA

Employees:
2200

EXECUTIVES

Name Occupation Birth Death Known for

Ernest S. Rady Business 28-Aug-1937 CEO of WestCorp, 1978-2006

PAST BOARD MEMBERS OR DIRECTORS

Name Occupation Birth Death Known for

Duane A. Nelles Business c. 1942 Former Partner, Coopers & Lybrand

Ernest S. Rady Business 28-Aug-1937 CEO of WestCorp, 1978-2006

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