Shelton-Conn.-based Clayton Holdings LLC, a provider of loan due diligence, surveillance and consulting services, has named Joe D'Urso president and chief operating officer (COO) of the company – and Lorenz Schwarz president of subsidiary Green River Capital (GRC).
D'Urso has 23 years of experience in the financial services industry – having served in leadership roles for companies such as Merrill Lynch and Goldman Sachs.
‘Joe has done a superb job leading our GRC subsidiary since Clayton acquired that business in early 2012," says Paul Bossidy, CEO of Clayton. "I have no doubt that Joe will continue that outstanding performance as he assumes responsibility for Clayton's U.S. business units, including GRC."
Schwarz, who has been COO of GRC since 2012, is now responsible for managing all of GRC's day-to-day operations, in addition to his role as COO.
"Lorenz has done an outstanding job since joining GRC a couple of years ago," comments Paul Bossidy, CEO of Clayton. "With 25 years of experience in the REO industry, he has displayed unmatched domain knowledge and a deep commitment to world-class customer service."