CFC enters into employment agreement with David Sambol to serve as Chairman and Chief Executive of Countrywide Home Loans Inc. It appears that this agreement goes through 2009. It also appears then that Mozilo is stepping aside?
By Denise Jia, Dow Jones News Wires; 202-862-1359; denise.jia@dowjones.com
Also, Mozilo registered 46,000 more on March 29, 2007 wtih SEC. Date of sale 3/15/2007, date registered 3/22/2007.
selling continues. There is also rumors that Mozilo will appear on CNBC Monday to probably announce his retirement.
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