Mr. Cooper Group Names Chief Legal Officer
February 22 2023 - 4:30PM
Business Wire
Mr. Cooper Group Inc. (NASDAQ: COOP) announced today the
appointment of Carlos M. Pelayo as Executive Vice President and
Chief Legal Officer. Pelayo will lead the company’s legal
department and corporate governance functions and will serve on the
executive leadership team.
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Carlos M. Pelayo, Executive Vice
President and Chief Legal Officer (Photo: Business Wire)
“We are pleased to welcome Carlos to the Mr. Cooper Group
executive leadership team,” said Jay Bray, Chairman and CEO of Mr.
Cooper Group. “Carlos’ experience as a legal executive and leader
within several large and complex financial services organizations
will be a great fit for our team as we continue our journey of
being a great place to work for our team members, strive to achieve
our goal of becoming a $1 trillion+ servicer and deliver superior
shareholder returns.”
Pelayo has more than 20 years of legal experience and an
extensive background in financial services and regulatory
compliance. He most recently served as Managing Director and Legal
Executive for Merrill Lynch Wealth Management, a division of Bank
of America. In this role, Pelayo was senior counsel to front-line
business leadership with responsibility for providing day-to-day
legal, regulatory and strategic advice to key client-facing areas
of the business. Previously, Pelayo served as Managing Director and
General Counsel for Barclays’ investment-driven private banking
business in the Americas, and prior to that was in private practice
with the international law firm Davis Polk & Wardwell. Pelayo
holds a Juris Doctor degree from the University of Pennsylvania, a
master’s degree in Law and Diplomacy from The Fletcher School at
Tufts University, and a bachelor’s degree with honors from Boston
College.
“Mr. Cooper has clearly solidified its position as an industry
leader, and I am excited to join the team at a time when the market
presents a tremendous amount of opportunity to add even more value
to our clients and shareholders. I look forward to leading a
best-in-class legal function and helping the company achieve its
growth goals in the years ahead,” said Pelayo.
About Mr. Cooper Group
Mr. Cooper Group Inc. (NASDAQ: COOP) provides customer-centric
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20230222005987/en/
Media Inquiries: Christen Reyenga, VP Corporate
Communications MediaRelations@mrcooper.com
Shareholder Inquiries: Kenneth Posner, SVP Strategic
Planning and Investor Relations Shareholders@mrcooper.com
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