WINSTON-SALEM, N.C. - Wachovia Corp. said Monday that Mickey W. Dry, its chief credit officer and senior executive in charge of loan administration, would retire and be succeeded by Donald K. Truslow in the new position of chief risk officer.

Mr. Truslow will lead an expanded function with oversight for Wachovia's operational, credit, interest rate, balance sheet, and market risk, the company said.

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