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John R Iii Torrell

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May 27, 1988 | JONATHAN PETERSON, Times Staff Writer
John R. Torell III, the former president of Manufacturers Hanover Corp., will become chairman and chief executive of CalFed Inc. Aug. 1, the Los Angeles-based savings and loan company announced Thursday. Torell, 49, succeeds Robert R. Dockson, 70, who is retiring as chairman after 19 years with the thrift. George P. Rutland, 55, who had been the company's president and chief executive, resigned Wednesday, a day before the announcement was made public, said James F. Hurley, a CalFed spokesman.
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BUSINESS
May 27, 1988 | JONATHAN PETERSON, Times Staff Writer
John R. Torell III, the former president of Manufacturers Hanover Corp., will become chairman and chief executive of CalFed Inc. Aug. 1, the Los Angeles-based savings and loan company announced Thursday. Torell, 49, succeeds Robert R. Dockson, 70, who is retiring as chairman after 19 years with the thrift. George P. Rutland, 55, who had been the company's president and chief executive, resigned Wednesday, a day before the announcement was made public, said James F. Hurley, a CalFed spokesman.
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