Doral Financial Corporation Announces David Hooston, Highly Experienced Financial Services Executive, as Chief Financial

Doral Financial Corporation Announces David Hooston, Highly Experienced 
Financial Services Executive, as Chief Financial Officer 
SAN JUAN, PR -- (Marketwired) -- 10/03/13 --  Doral Financial
Corporation (NYSE: DRL) ("Doral", "Doral Financial" or the
"Company"), the holding company of Doral Bank, with operations in
Puerto Rico and the U.S., today announced the appointment of David
Hooston, a highly experienced financial services professional, as
Chief Financial Officer and Executive Vice President.  
"David's joining Doral senior management team is further validation
of the progress our company is achieving in building the Doral brand
in both Puerto Rico and the mainland U.S. His extensive experience in
financial services and knowledge of the financial services market
enhances the strength of Doral," said Glen Wakeman, CEO of Doral
Financial Corporation. 
Prior to joining Doral, Mr. Hooston was Managing Partner of Granite
Bay Partners, LLC during 2013 and from 2007 to 2009. Granite Bay
Partners is a financial institution consulting and private equity
firm that invests in banking institutions and financial services
businesses in the Western United States.  
From 2009 to 2012, Mr. Hooston was Chief Financial Officer of
HomeStreet, Inc. (NASDAQ: HMST) a diversified financial services
company headquartered in Seattle, Washington. From 1995 to 2007, he
held several senior management responsibilities at Placer Sierra
Bancshares (a California-based bank holding company), including
President and Chief Operating Officer and Chief Financial Officer and
Mr. Hooston has a BA in Business Economics from University of
California - Santa Barbara and is a Certified Public Accountant. 
CONTACT:
Lucienne Gigante
SVP, Public Relations
Lucienne.gigante@doralbank.com
787-474-6298 
 
 
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