SunTrust Mortgage Hires Two EVPs

Richmond, Va.-based SunTrust Mortgage has hired Peter E. Mahoney as executive vice president of mortgage strategy and Jack Wixted as executive vice president and chief risk officer.

Mahoney was previously managing director of mortgage markets at IBM Corp., and he will be responsible for SunTrust Mortgage's strategy, planning and operational response associated with compliance with business practice changes affecting the mortgage industry.

Wixted was previously chief risk officer at PNC Mortgage, and he will serve as the senior risk executive for SunTrust's mortgage business, overseeing credit and operational risk units.Â


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