Woodbury Financial names president

Woodbury Financial Services Inc., a top twenty independent-contractor broker-dealer based in Woodbury, Minn., has promoted Walter White to president of the firm.
He replaces Brian Murphy, who remains chairman.
In February, Mr. Murphy was named executive vice president and director for the U.S. individual life division of The Hartford Financial Services Group Inc. of Hartford, Conn., which owns Woodbury.
In 2006, Woodbury reported $224.1 million in gross revenue, according to the InvestmentNews‘ survey of independent broker-dealers.