Castle & Cooke Inc. Announces the Appointment of William D. Dallas to the Board of Directors.LOS ANGELES--(BUSINESS WIRE)--Nov. 9, 1999-- Castle & Cooke Inc. (NYSE NYSE See: New York Stock Exchange :CCS (1) (Common Channel Signaling) A communications system in which one channel is used for signaling and different channels are used for voice/data transmission. Signaling System 7 (SS7) is a CCS system, also known as CCS7. See SS7. ) Tuesday announced the appointment of William D. Dallas to the board of directors. Dallas, 43, is the chairman and chief executive officer of First Franklin Financial Corp. He has risen to become one of the top-ranking finance leaders in the United States. In 1981, Dallas co-founded First Franklin headquarters, in San Jose, Calif. First Franklin is one of the nation's leading nonconforming lenders. With offices located across the nation, First Franklin serves the needs of mortgage brokers with a wide array of products and services, including its proprietary, credit scored-based Direct Access products. The enterprise employs approximately 1,000 professionals nationwide and will originate more than $5 billion in nonconforming loans in 1999. David H. Murdock David Howard Murdock (1924-), with his net worth of 4.2 billion US Dollars, is the 204th richest person in the world. A high-school dropout, Murdock was drafted by the U.S. Army in 1943. , chairman and chief executive officer of Castle & Cooke, noted: "The addition of Mr. Dallas complements our distinguished board. We look forward to working with Bill as we continue to build Castle & Cooke." Dallas is one of the founders of two banking institutions: Heritage Bank of Commerce (HTBC HTBC High Tech Broadband Coalition HTBC High-Throughput Bioscience Center (Stanford University) HTBC High Technology Broadband Coalition ), a community business bank serving Santa Clara County, Calif.; and California Oaks State Bank, in Thousand Oaks, Calif. He sits on state and national mortgage-banker boards; is a certified mortgage banker Mortgage Banker A company, individual or institution that originates, sells and services mortgage loans. Notes: Don't confuse a mortgage banker with a mortgage broker. (CMB Noun 1. CMB - (cosmology) the cooled remnant of the hot big bang that fills the entire universe and can be observed today with an average temperature of about 2. ), the industry's highest designation; and is a contributing columnist for Real Estate Finance Today and Mortgage Originator Magazine. Dallas received his bachelor of arts degree in liberal studies, magna cum laude, in 1977 from Bowling Green State University Bowling Green State University, at Bowling Green, Ohio; coeducational; chartered 1910 as a normal school, opened 1914. It became a college in 1929, a university in 1935. . He also completed his postgraduate studies in 1987 and received his doctorate in law from University of Santa Clara School of Law. Castle & Cooke is a developer of residential real estate in Hawaii; California; Sierra Vista, Ariz.; and Orlando, Fla. The company owns and operates two of the world's highest-rated resorts on the island of Lana'i in Hawaii. The company is also involved in commercial development in Hawaii, California, Arizona, North Carolina and Georgia. |
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