The Carrington Companies’ founder and longtime CEO Bruce Rose is transitioning out of that role, to be succeeded by company veteran Andrew Taffet.
Taffet, currently the company’s Chief Investment Officer, will remain in that position and take on the duties of CEO. Rose will assume the position of Chairman of the Executive Committee.
“This is not a dramatic handoff by any means, but rather a natural next step for our business,” Rose said in a press release.
“In addition to his duties as Chief Investment Officer, Andrew has been handling the day-to-day operations and oversight of our company for some time. The Carrington Companies will continue to operate as they have for the past 20-plus years. Our effectively self-hedged business…
Shana Allen has been promoted from Chief Information Officer to Executive VP of 1st Security Bank, according to a press release.
Allen has served as CIO since 2010, overseeing technology, security, and project management teams.
Her expertise comes from more than twenty years in the information technology field. Allen is an expert on cybersecurity, information security, and data encryption, regularly contributing to industry publications and giving talks on the subjects.
“We are fortunate to have an industry leader and accomplished IT professional like Shana on the 1st Security Bank team,” said Joe Adams, CEO.
“Shana has demonstrated a high level of knowledge and expertise in her time with the bank, and we are honored to have her on the executive…
Brian Ralston has been promoted to EVP, Chief Mortgage Banking Officer at NexBank, the company announced. Ralston moves up from his former role of SVP of Mortgage Banking, which he has held since 2013. In his new position, he will lead the strategic direction of the bank’s mortgage division. Ralston remains responsible for all origination and servicing operations of the wholesale, non-delegated, and delegated correspondent channels, as well as warehouse lending. He is also the president of NexBank Title, Inc., which he helped establish. Ralston brings nearly two decades of mortgage banking experience to the role. He is a well-known industry pro who has served as a speaker and panelist at conferences covering the spectrum of mortgage lending. NexBank is…
First Community Mortgage (FCM) has named Andrew Badstubner as its new Chief Information Officer, the company announced in a press release. Badstubner brings two decades of experience in technology management, software development, and product engineering, previously serving as CIO at NewRez and Ditech Holding Corporation. His other experience includes CTO at Kabbage, Inc., VP of Product Development for ista North America, and Senior Director of Information Technology at Cbeyond. Badstubner said he looks forward to supporting FCM as they continue to build their digital capabilities. “We have ambitious growth goals that will allow us to enhance the experience of our customers and business partners, while also improving the experience internally for our loan officers and fulfillment staff,” Badstubner said. Badstubner…
