Holder Group Wants to Boot Two WaMu Directors

Dissident shareholder CtW Investment Group has set its sights in its next target -- Washington Mutual(WM Quote).

The Washington-based organization is urging shareholders of the nation's largest thrift to vote against two nonexecutive director nominees, Mary Pugh, chairwoman of WaMu's finance committee, and James Stever, chairman of its human resources committee, at the annual meeting next month.

Pugh is head of fixed-income money manager Pugh Capital Management, where WaMu is a client. Stever is a retired executive of former telecommunications company US West, which was eventually acquired by Qwest Communications(Q Quote). ...