Industry veteran Thomas “Tom” Donatacci is joining Cenlar FSB as SVP and Investor Relations Officer, the company announced in a press release.
“I am excited to be joining Cenlar, the leading subservicer in our industry, at this point in the evolution of the company and my own career,” Donatacci said.
In his new position, Donatacci will strengthen relationships with Cenlar’s stakeholders, as well as grow relationships with clients and prospects.
Donatacci brings decades of leadership experience to the position, including extensive work in servicing and subservicing, due diligence, and M&A. Prior to Cenlar he served as EVP of Business Development for The Money Source Inc. His other experience includes Chief of Staff at Impac Holdings, EVP of Special Servicing at Selene Finance, and EVP of Clayton Holdings.
“Tom brings invaluable industry insights to Cenlar in addition to a solid track record of delivering results,” said Chief Executive Officer and President Jim Daras.
“Having such deep knowledge of the industry and building relationships, I am confident that Tom will further strengthen our market presence, as well as inform all stakeholders of our strategic vision and improvements to the company as we’re striving every day to be the very best partner to our clients and their homeowners.
He holds a Master of Business Administration from Seton Hall University and a Bachelor of Arts from Rutgers University.
Cenlar FSB is the largest subservicer in the U.S., working in all states and territories. It is an employee-owned company of about 3,000 employees. The company is headquartered in Ewing, NJ.
Cenlar FSB also has a new CTO, new CEO, and new VP Of Loan Operations, Escrow.