Mortgage Contracting Services (MCS), a provider of residential and commercial property services, says longtime CEO Caroline Reaves is retiring from her role at the helm and moving into a seat as chairwoman of the company board.
The new role will allow Reaves to step away from her current day-to-day duties, while maintaining the continuity of the leadership team that MCS has had in place for over a decade.
“While I will certainly miss the daily involvement with the business, I am so looking forward to this next chapter in my life with family, faith and friends,” she says. “Having the ability to focus on those things while continuing to be involved in the business provides me with the best of both worlds, both personally and professionally.”
With this move, current Chief Relationship Officer Chad Mosley has been promoted to president of MCS. Mosley, who has been with the company 13 years, has overseen all of MCS’ customer-facing functions, including management of MCS’ client teams, as well as the company’s business development and marketing functions.
Effective June 1, Mosley will assume day-to-day responsibility for the company, and Reaves will officially retire and move up into the role of chairwoman on July 1. The company is also beginning an internal and external search for a CEO.