Ocwen Financial Corporation Announces Appointment of Claudia Merkle to Board of Directors
April 02 2024 - 6:45AM
Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”),
a leading non-bank mortgage servicer and originator, today
announced the appointment of Claudia J. Merkle to its Board of
Directors (“Board”), effective April 1, 2024.
“We are very pleased to welcome Claudia to the Ocwen Board,”
said Glen A. Messina, Chair, President and CEO of Ocwen. “Claudia
is an accomplished and well-respected mortgage industry executive
with deep public company experience. Her collaborative leadership
style and significant industry knowledge spanning risk management
and technology innovation to sales and operations, as well as
emerging corporate governance issues, complements the skills and
experience of our Board.”
In addition, Phyllis R. Caldwell has notified the Board that she
has decided not to stand for re-election at Ocwen’s 2024 Annual
Meeting of Shareholders scheduled for May 28, 2024.
“On behalf of the Board, I want to thank Phyllis for her
countless contributions to Ocwen since joining the Board in 2015,
and for her leadership and guidance throughout the evolution of our
Company,” said Messina. “We are deeply grateful for Phyllis’
dedication, partnership, and unwavering commitment to building
value for our shareholders and our Company, and we wish her all the
best in the future.”
Messina added, “We look forward to a smooth transition and to
maintaining a balanced mix of qualified directors with the
requisite skills, experience and diversity to help execute our
strategic priorities and maximize value for our shareholders.”
Claudia J. Merkle Background
Claudia Merkle currently serves as an Advisory Board member of
HomeLend Inc. and is the former Chief Executive Officer of NMI
Holdings Inc., a publicly traded private mortgage insurer and the
parent company of National Mortgage Insurance Corporation (National
MI), a position she held from 2019 to 2021. Under her leadership,
National MI was recognized on Fortune’s 100 Fastest-Growing
Companies list in 2020 and was consistently recognized as one of
the best places to work in the U.S. In 2021, Ms. Merkle was named
one of the Most Influential Women in the Bay Area by the San
Francisco Business Times. Prior to her role as CEO, Ms. Merkle held
multiple executive leadership positions since joining National MI
in 2012, including President; Chief Operating Officer; Executive
Vice President, Chief of Insurance Operations; and Senior Vice
President, Underwriting Fulfillment and Risk Operations. Earlier in
her career, she served as Vice President, National and Regional
Accounts, Risk and Operations, and previously as Managing Director
at PMI Mortgage Insurance Co. She holds a B.S. degree in management
from the University of Pennsylvania’s Wharton School of
Business.
About Ocwen Financial Corporation
Ocwen Financial Corporation (NYSE: OCN) is a leading non-bank
mortgage servicer and originator providing solutions through its
primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH
Mortgage is one of the largest servicers in the country, focused on
delivering a variety of servicing and lending programs. Liberty is
one of the nation’s largest reverse mortgage lenders dedicated to
education and providing loans that help customers meet their
personal and financial needs. We are headquartered in West Palm
Beach, Florida, with offices and operations in the United States,
the U.S. Virgin Islands, India and the Philippines, and have been
serving our customers since 1988. For additional information,
please visit our website (www.ocwen.com).
For Further Information Contact:
Dico Akseraylian, SVP, Corporate Communications(856)
917-0066mediarelations@ocwen.com
Ocwen Financial (NYSE:OCN)
Historical Stock Chart
From Jul 2024 to Aug 2024
Ocwen Financial (NYSE:OCN)
Historical Stock Chart
From Aug 2023 to Aug 2024