Cooper Returning as CEO at TCF

Mortgage lender TCF Financial Corp., Wayzata, Minn., says William Cooper will be returning to the company as its chief executive officer. Mr. Cooper holds the chairman title, but he had been the lender's CEO from 1985 to 2005. He will continue as chairman of the board, in addition to filling the new CEO position. Current CEO Lynn Nagorske is retiring. He had succeeded Mr. Cooper as CEO in 2006. According to one analyst, Mr. Cooper made it clear that no one had been asked to leave. As at many financial institutions, the stock price at TCF has been hit hard during the nation's mortgage crisis. The company can be found online at http://www.tcfbank.com.

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