Mr. Cooper has promoted its vice chairman, Chris Marshall, to president, responsible for mortgage origination, servicing and technology operations. He will retain his existing responsibilities pending appointment of a new chief financial officer.
“We believe we can grow our servicing portfolio to $1 trillion, while delivering excellent service to our customers and investors, generating consistent returns on equity and cashflow, and providing a great working environment for our teammates,” says Mr. Cooper Chairman and CEO Jay Bray. “With his long track record at major financial institutions and the contributions he’s made at Mr. Cooper over the last two and a half years, Chris is the right person to lead the business units forward towards this goal.”
Marshall joined the company in January 2019 and has been instrumental in reshaping the company’s financial function, strengthening the balance sheet and driving higher financial performance. He has a long track record in finance, operations, technology, and mergers and acquisitions at major financial institutions, including Bank of America, Fifth Third Bancorp and Ally Bank. He was also co-founder and CFO of Capital Bank Financial Corp.
