The Digest: A ROUNDUP OF SAN FERNANDO VALLEY NEWS VICA Awards Announced Washington Mutual has received the Valley Industry and Commerce Association’s Robert E. Gibson Corporate Award for Excellence. Washington Mutual and other VICA annual award winners were announced June 6. VICA Chairman Fred Gaines that Washington Mutual was selected to receive the award because of its strong commitment to affordable housing, homeownership opportunities and economic development in the San Fernando Valley. “Washington Mutual is a superior performer in the banking industry, leading the nation in funds managed, home mortgage lending and deferred compensation products and services,” Gaines said. Other VICA annual award winners are: – VICA Volunteer of the Year: Cathy Maguire, The Gas Company – Outstanding Business Executive of the Year: Walter Mosher, Precision Dynamics. Corp. – Small Business of the Year: Mike’s Roofing Service Inc. – Not-for-Profit Organization of the Year: Valley Economic Development Center – Business Advocate of the Year: Bruce Ackerman, Economic Alliance of the San Fernando Valley. K-Swiss Announces Stock Split K-Swiss Inc. has declared a two-for-one split of the company’s Class A and Class B common stock. On June 21, stockholders will receive one additional share of common stock for each share of common stock they own on June 7. Following the split, the company will have nearly 13 million shares of Class A and 5.6 million shares of Class B outstanding. The K-Swiss Board of Directors also approved an increase in the company’s cash dividend effective with the second quarter dividend. On a post-split basis, the cash dividend will be increased from the annual rate of $0.03 per share to $0.04 per share. The increased quarterly cash dividend of $0.01 per share will be payable on July 15 to stockholders of record as of June 28.