wmi holdings corp (WMIH:OTC US)

Executive Profile*

Background*

Mr. Stephen E. Frank, Steve served as the Chairman, Chief Executive Officer and President of Southern California Edison Company (SCE) since 2000 and served as its President and Chief Operating Officer from June 1995 to 1999. Prior to joining SCE in 1995, Mr. Frank served as the President and Chief Operating Officer of Florida Power and Light Company, the principal subsidiary of the FPL Group from 1990 to 1995, Executive Vice President and Chief Financial Officer of TRW ... Inc., and Vice President, Treasurer and Controller of GTE Corporation. He is a highly respected business executive. He held senior executive positions in the energy and utility industry, and has an extensive financial background in other large industries. His earlier career included financial and sales management positions with U.S. Steel Corp. Mr. Frank served as the Chairman of Washington Mutual Inc. since July 1, 2008. He has been a Director of Nevada Power Co. since February 25, 2009. He serves as a Director at Sierra Pacific Power Company. He has been a Director of Northrop Grumman Corp. since September 2005 and NV Energy, Inc since February 2009. Mr. Frank serves as a Director of Associated Electric and Gas Insurance Services Ltd.(AEGIS). He serves as a Board Member of the Los Angeles Philharmonic Association, Town Hall Los Angeles, Reno Philharmonic Association and St. Mary's Hospital Foundation. He serves as a Member of the board of Trustees of Claremont McKenna College and a Trustee of Autry Museum of Western Heritage. Mr. Frank served as Presiding Director of Washington Mutual Inc. since February 2005. He served as a Director of Great Western Fin. Corp. since 1993 and Florida Power and Light Company from 1990 to 1995. He served a Director of Edison International since 1995. He served as a Director of LNR Property Corporation since 2001. Mr. Frank served as a Director of Puget Energy Inc. from August 26, 2003 to February 2009 and its subsidiary, Puget Sound Energy Inc. from 2003 to February 2009. He served on the Boards of Directors of Southern California Edison Company since 1995. He served on the Boards of Directors of FPL Group. He served as a Director of Washington Mutual Inc. since 1997. He served as a Director of Washington Mutual Bank. He served as a Director of Intermec, Inc. (Formerly UNOVA Inc.) from 1997 to May 16, 2007. He served as a Director of Titan II Inc. Mr. Frank holds a Bachelor's Degree from Dartmouth College, and an MBA in finance from Ross School of Business, the University of Michigan and Completed the Advanced Management Program from Harvard Business School.

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WMIH:US	$0.82 USD	+0.03

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