Washington Mutual Inc. said Wednesday that it has hired Craig J. Chapman to be chief executive officer of Aristar, its consumer fi- nance subsidiary.

Mr. Chapman, 41, has spent 17 years at one of the consumer finance industry's oldest players, Household Finance Corp. When he left he was president of Household Finance Corp. Ltd., Toronto.

Most recently, Mr. Chapman worked for Amresco Residential Mortgage Corp., Irvine, Calif. There, he oversaw production, operations, customer service, and marketing for the company's retail and wholesale business.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.