Kurt Johnson and Christine Paxton have been appointed to c-suite positions at Mr. Cooper, the company announced in a press release.
Johnson has been named Chief Financial Officer, and Paxton named EVP and Chief Risk and Compliance Officer. Paxton was promoted to take Johnson’s place after his move to CFO.
Johnson has been with the company since 2015, having most recently served as Chief Risk and Compliance Officer. He has more than two decades of experience in originations, servicing treasury, portfolio management, and financial planning.
“With his decades of experience in mortgage banking, strong relationships with government and industry stakeholders, and a detailed understanding of our platform, Kurt is already a major force at the company and in the industry. In his new role, he will be instrumental in setting the company on the path to delivering strong and rising investor returns,” said Jay Bray, Chairman and CEO of Mr. Cooper Group.
Former CFO Jaime Gow is transitioning to a strategic advisor role as Johnson takes charge. Gow is leaving the position after less than a year.
Paxton has returned to Mr. Cooper from Wells Fargo, where she most recently served as Senior Vice President of Control Management. In that role, she managed risk for the home lending and servicing business. Her other experience includes SVP of Enterprise Risk at Mr. Cooper and leadership roles at Capital One and Citi.
“We are delighted to welcome Christine back to the Mr. Cooper Group team,” Bray said.
“She is a well-respected leader, and I am confident that her experience and operational skills will be a great fit as we work to ensure Mr. Cooper continues to serve as a source of strength in the housing market.”