BridgeSpan CEO to Resign

BridgeSpan Inc., a title company and online closing specialist that recently filed for Chapter 11 bankruptcy protection, has announced that Larry Walker will resign as president and chief executive officer next month.The Frisco, Texas-based BridgeSpan said Mr. Walker had been recruited in late 2002 in the hope that his expertise would help the company attract "early adopters" for its straight-through processing of electronic mortgages. "However, mortgage lenders were awash in refinance volume and reluctant to take on the complex changes to their internal operations that e-mortgages required," the company said. BridgeSpan can be found online at http://www.bridgespan.com.