Mr. Cooper Group Announces Executive Leadership Appointments
March 06 2023 - 4:00PM
Business Wire
Mr. Cooper Group Inc. (NASDAQ: COOP) announced two executive
leadership appointments today – the appointment of Kurt Johnson to
Chief Financial Officer and Christine Paxton as Executive Vice
President and Chief Risk and Compliance Officer.
Johnson joined the company in 2015 and most recently served as
Chief Risk and Compliance Officer, responsible for credit and
market risk management and leading the risk and compliance
organization. With 25 years in the mortgage industry, Johnson has
experience in originations, servicing, treasury, portfolio
management and financial planning. In his time with Mr. Cooper,
Johnson also led the multi-year Project Titan servicing
transformation initiative and oversaw critical technology and
process enhancements for our platform. In 2019, Johnson became the
company’s Chief Credit Officer responsible for setting all Credit
Risk related policy and governance before being promoted to his
role as Chief Risk and Compliance Officer in early 2021.
“With his decades of experience in mortgage-banking, strong
relationships with government and industry stakeholders and a
detailed understanding of our platform, Kurt is already a major
force at the company and in the industry. In his new role, he will
be instrumental in setting the company on the path to delivering
strong and rising investor returns,” said Jay Bray, Chairman and
CEO of Mr. Cooper Group.
Bray continued, "We are delighted to welcome Christine back to
the Mr. Cooper Group team. She is a well-respected leader, and I am
confident that her experience and operational skills will be a
great fit as we work to ensure Mr. Cooper continues to serve as a
source of strength in the housing market.”
Paxton returns to Mr. Cooper from Wells Fargo, where she most
recently served as Senior Vice President of Control Management,
responsible for managing risk for the home lending and servicing
business. Before that, she served as Senior Vice President of
Enterprise Risk at Mr. Cooper Group where she established the
corporate enterprise risk management framework. Christine also
served in leadership roles at Capital One and Citi.
As Johnson assumes his new role, Jaime Gow will transition from
Chief Financial Officer to a strategic advisor role through
October.
“I want to thank Jaime for his leadership, dedication to the
team and major contributions including building out our finance,
accounting and tax planning teams to world-class standards,” said
Bray. “We are a better company because of his efforts, and I
appreciate that he will continue to support the team during this
transition.”
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/20230306005149/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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