PennyMac Mortgage Investment Trust in Westlake Village on Dec. 13 announced changes in the roles of several executive officers in conjunction with organizational changes announced by PennyMac Financial Services.
- Stanford L. Kurland, currently chairman and CEO, will assume the role of executive chairman.
- David A. Spector, currently executive managing director, president and chief operating officer, will become president and CEO.
- Doug Jones, currently senior managing director and chief institutional mortgage banking officer, will become senior managing director and chief mortgage banking officer.
- Anne D. McCallion, currently senior managing director and chief financial officer, will become senior managing director and chief enterprise operations officer.
- Andrew S. Chang, currently senior managing director and chief business development officer, will become senior managing director and chief financial officer.
- Daniel S. Perotti, senior managing director and chief asset and liability management officer, will become senior managing director and deputy chief financial officer.
- All other existing executive officers of the company will retain their current titles and roles, including: Steve Bailey, senior managing director and chief mortgage operations officer; Jeffrey P. Grogin, senior managing director and chief administrative and legal officer; Vandad Fartaj, senior managing director and chief capital markets officer; and David M. Walker, senior managing director and chief risk officer.
All of the changes are effective Jan. 1.