WaMu CEO Checking Out of Seattle

Oh, the irony. Steve Rotella left JP Morgan Chase Co. to become president and COO of Washington Mutual (WaMu) in December of 2004, moving from a big Wall Street culture to the laid-back environs of Seattle and WaMu. He and his wife purchased an impressive home in Seattle’s Capitol Hill for $3.78 million in 2005 and dug in to learn about Seattle and the Northwest lifestyle. Three years later, Rotella finds himself out of a job after being axed by the same company he left — JP Morgan, who took over WaMu as part of the wave of banks that collapsed.

Rotella has listed his home with Coldwell Banker (although I can’t find the listing for the life of me) for $6.25 million, which is quite a nice appreciation in three years’ time! In this dreadful economy, who knows if he will get it.

Update: Thanks to Tom in the comments below, I managed to find the listing for Rotella’s house on Coldwell Banker Bain. Thanks, Tom!