Mr. Cooper Group Names New Chief Financial Officer
December 12 2018 - 4:30PM
Business Wire
Mr. Cooper Group Inc. (NASDAQ: COOP) today announced the
appointment of Christopher Marshall as Vice Chairman, a newly
created officer position, effective January 2, 2019 and as Chief
Financial Officer, effective immediately following the filing of
the company's Annual Report on Form 10-K for fiscal year 2018.
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Mr. Cooper Group appoints Christopher
Marshall as Vice Chairman, effective January 2, 2019 and as Chief
Financial Officer, effective immediately following the filing of
the company's Annual Report on Form 10-K for fiscal year 2018.
(Photo: Business Wire)
Marshall most recently served as co-founder and CFO of Capital
Bank Financial Corp. since 2009. Through his leadership, the
company grew from a start-up business to $10 billion in assets with
market capitalization of $2.2 billion. Marshall also successfully
led the company through its IPO as well as the acquisition and
integration of eight community banks and the sale of the company to
First Horizon. Previously, Marshall served as Chief Restructuring
Officer and Senior Advisor to the CEO at GMAC, Inc. and as CFO at
Fifth Third Bancorp. Prior to that, Marshall was a member of the
management operating committee at Bank of America and held key
leadership roles including CFO of the Consumer Products Group and
Chief Operating Officer of the Global Consumer and Small Business
Bank.
“We’re excited to welcome Chris to Mr. Cooper,” said Jay Bray,
Chairman and CEO of Mr. Cooper Group Inc. “Chris’ vast financial,
operational and strategic experience will be invaluable to the
company as we work to deliver more value to shareholders, customers
and team members.”
Marshall will succeed Amar Patel, who has been serving as
interim CFO since March 2017. Following Marshall’s assumption of
the CFO role, Patel will remain with the company during a
transition period.
“On behalf of everyone at Mr. Cooper Group, I want to thank Amar
for his many contributions to our company over the last 12 years,”
said Bray. “Amar’s leadership has played a key role in many of our
company’s successes, including most recently our merger with WMIH
Corp., the acquisition of Assurant Mortgage Solutions and the
pending acquisition of Pacific Union Financial.”
About Mr. Cooper Group
Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing,
origination and transaction-based services related principally to
single-family residences throughout the United States with
operations under its primary brands: Mr. Cooper® and Xome®. Mr.
Cooper is one of the largest home loan servicers in the country
focused on delivering a variety of servicing and lending products,
services and technologies. Xome provides technology and data
enhanced solutions to homebuyers, home sellers, real estate agents
and mortgage companies.
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Shareholder Inquiries:Kenneth Posner, SVP strategic planning and
investor relationsShareholders@mrcooper.com
Media Inquiries:Christen ReyengaMediaRelations@mrcooper.com
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