Nationstar Announces Interim Chief Financial Officer
March 22 2017 - 4:45PM
Business Wire
Nationstar Mortgage Holdings Inc. (NYSE: NSM) (“Nationstar”), a
leading residential mortgage services provider, today announced
that Amar R. Patel, former Nationstar Executive Vice President of
Portfolio Investments, has been appointed as Executive Vice
President and interim Chief Financial Officer (“CFO”). Mr. Patel’s
appointment follows Robert Stiles’ departure from the company as
Executive Vice President and CFO.
“On behalf of Nationstar, we want to thank Robert for his many
contributions to the Company during his three-year tenure at
Nationstar and wish him continued success,” said Jay Bray, Chairman
and Chief Executive Officer of Nationstar. “Amar brings more than
20 years of industry experience and a deep understanding of our
business and financials to his role as interim CFO. Given his long
standing commitment to Nationstar, our shareholders and our
customers, I am confident he will successfully lead the
organization through a seamless transition.”
Mr. Patel initially joined Nationstar in 2006. From 2006 to
2016, Mr. Patel served in multiple roles within the company and was
elected Executive Vice President of Portfolio Investments in 2011.
From 1993 to 2006, Mr. Patel held various management positions at
Capstead Mortgage Corporation, last serving as Senior Vice
President Asset and Liability Management.
About Nationstar Mortgage Holdings Inc.
Based in Dallas, Texas, Nationstar provides quality servicing,
origination and transaction based services related principally to
single-family residences throughout the United States. With
experience spanning more than 20 years, Nationstar is one of the
largest servicers in the country. Additional corporate information
is available in the Shareholder Relations section of
www.mynationstar.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170322006281/en/
Nationstar Mortgage Holdings Inc.For Investor Inquiries:Megan
Portacci, 469-426-3118Shareholders@nationstarmail.comorFor Media
Inquiries:Kelly Ann Doherty,
469-549-3196Mediarelations@nationstarmail.com
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