Mount Laurel, N.J.-based PHH Corp. has appointed David E. Tucker president of PHH Mortgage Corp., the company's mortgage origination and servicing subsidiary. Tucker succeeds Smriti Laxman Popenoe, who has served as interim president of PHH Mortgage since March and will resume her responsibilities as executive vice president and chief risk officer of PHH Corp.
Tucker comes to PHH Corp. after 25 years of management experience at General Electric Co. (GE), where he was most recently chief operating officer of GE Oil & Gas – Drilling & Productions Systems, where he led a business with 5,800 employees in more than 40 countries. Before that, he was general manager of global business development for GE Energy and chief financial officer of vendor financial services at GE Capital Services.