Curtin will report to Jon Witter, head of Wachovia’s General Bank Distribution group, which manages financial centers, ATMs and phone and online channels for the company’s banking unit.
“Over the past 18 months, Wachovia has brought its distribution channels under one roof,” Witter said. “The result is a structure that should help us achieve our goal of becoming a distribution expert that can provide excellent service and industry-leading sales performance. Karen will help us further these efforts by consistently managing the deployment of our financial centers and ATMs.”
A 22-year banking veteran, Curtin joins Wachovia from Washington Mutual, where most recently she led that company’s advertising, brand management and innovation program. Previously, she served as senior vice president for Planning and Franchise Development & Retail Store Innovation, where she led the company’s de novo branch building and developed its Occasio retail store program. She also spent four years in line management, serving as a regional manager in Los Angeles and a group manager for Florida.
Curtin and her family will relocate to Charlotte from Bellevue, Wash.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Wachovia had assets of $511.8 billion, market capitalization of $78.2 billion and stockholders’ equity of $47.9 billion at June 30, 2005. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve 13 million household and business relationships primarily through 3,126 offices in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, also serves clients through 699 offices in 49 states and five Latin American countries. Its Corporate and Investment Bank serves clients primarily in 10 key industry sectors nationwide. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through Wachovia.com.
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