Mr. Cooper Announces Promotion of Chris Marshall to President
June 23 2021 - 4:30PM
Business Wire
Mr. Cooper today announced the promotion of Vice Chairman Chris
Marshall to President, with operating responsibility for the
originations and servicing segments and key business functions
including technology and digital transformation. Chris will retain
his existing responsibilities pending appointment of a new Chief
Financial Officer. The company also disclosed that Chief Operating
Officer Tony Ebers has resigned to pursue other opportunities.
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Chris Marshall, President (Photo:
Business Wire)
Mr. Cooper Chairman and CEO Jay Bray commented, “Having
demonstrated the resilience of our company and our people during
the challenges of the pandemic, we are now ready to move forward
with the next chapter in our growth story. We believe we have the
operational strength, innovative spirit, and financial discipline
to play an even larger role in the U.S. housing and mortgage
market. In this regard, we believe we can grow our servicing
portfolio to $1 trillion, while delivering excellent service to our
customers and investors, generating consistent returns on equity
and cashflow, and providing a great working environment for our
teammates. With his long track record at major financial
institutions, and the contributions he’s made at Mr. Cooper over
the last two and a half years, Chris is the right person to lead
the business units forward towards this goal.”
Mr. Marshall joined the company in January 2019 and has been
instrumental in reshaping the company’s financial function,
strengthening the balance sheet, and driving higher financial
performance. He has a long track record in finance, operations,
technology, and mergers and acquisitions at major financial
institutions including Bank of America, Fifth Third Bancorp, and
Ally Bank, and was co-founder and Chief Financial Officer of
Capital Bank Financial Corporation. Mr. Marshall commented, “I am
totally committed to our core mission of helping customers achieve
their homeownership dreams and believe that this mission offers an
exciting growth opportunity for Mr. Cooper and our teammates.”
Mr. Bray continued, “Since joining our team nearly six years
ago, Tony Ebers has had a tremendous impact on the organization,
driving the growth of our originations business, improving
efficiencies in servicing, and leading multiple transactions, while
positioning himself as a fierce advocate for our cultural
transformation. I join the board, executive team, and teammates at
all levels of the organization in thanking him for his service to
the company and wishing him the best in his next steps.”
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. For more information, visit
www.mrcoopergroup.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210623005911/en/
Investor Contact: Kenneth Posner, SVP Strategic Planning and
Investor Relations (469) 426-3633 Shareholders@mrcooper.com
Media Contact: Christen Reyenga, VP Corporate Communications
MediaRelations@mrcooper.com
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