President Clinton nominated Stanley G. Tate as President and chief executive officer of the Resolution Trust Corp. on Tuesday.
Mr. Tate, 65, is president of Stanley Tate Enterprises, a real estate company, in North Miami, Fla. Since 1989 when the thrift bailout agency was created, Mr. Tate has been chairman of a regional group of citizens that advises the RTC.
The RTC has been run by Deputy Treasury Roger Altman since March 15, when former RTC president Albert Casey resigned.