Proxy Fight

Ex-CoreLogic Exec Melanie Graper Joins loanDepot

Posted on by TMN Editor
Former CoreLogic exec Melanie Graper has been named chief human resources officer at loanDepot, the company announced in a press release. Graper will lead all aspects of the company’s human capital function. She succeeds Kevin Tackaberry, whose departure was announced last month, and will report to President and CEO Frank Martell. “I’m excited to be joining loanDepot at such a pivotal time in the industry and look forward to partnering with Frank and the executive team to deliver an exceptional experience for loanDepot employees, customers, and shareholders,” said Graper. Prior to loanDepot, Graper’s most recent position was with CoreLogic as chief human resources officer from 2019 to February of this year and she served on its executive committee. Graper’s other…

loanDepot’s Anthony Hsieh Forced Down Thanks To Proxy Fight

Posted on by TMN Editor
loanDepot founder and former CEO Anthony Hsieh has stepped down from his executive chairman position as part of a mutual agreement unanimously approved by the company’s Board of Directors. In a press release, the Board explained that the decision arose from a proxy fight started by Hsieh when he sent a letter to loanDepot shareholders indicating he planned to nominate and, by virtue of his 57% combined voting power, instate Steven Ozonian as a director. Ozonian is CEO of the Williston Financial Group and would have replaced sitting independent director Pamela Hughes Patenaude, a real estate and housing policy expert whose term expires at loanDepot’s annual meeting this year. Hsieh cited an “urgent need for board refreshment” to combat dwindling…