Robert W. Hubbard has been hired by Downey Savings & Loan Assn. to fill the post of chief operating officer as the Costa Mesa institution readies itself for a 35% increase in assets and direct investments next year.
Hubbard, 45, a former president and chief operating officer of Imperial Corp. of America in San Diego, will take over many of the day-to-day duties now handled by Maurice L. McAlister and Gerald H. McQuarrie, Downey's president and chief executive officer, respectively.
