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Posted 23 June, 2021

Mr. Cooper Group Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:COOP in a 8-K filed on 23 June, 2021.


  Mr. Bray will continue to serve as Chairman and Chief Executive Officer of the Company. The Company also disclosed that Anthony Ebers, Executive Vice President & Chief Operating Officer, has resigned from his position as Chief Operating Officer effective July 1, 2021, to pursue other opportunities.  

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Overview of Mr. Cooper Group Inc.
Financial Services • Mortgages
Mr. Cooper Group, Inc. engages in the provision of residential loan services. It operated through the following segments: Servicing, and Originations. The Servicing segment consists of collecting loan payments, remitting principal and interest payments to investors, managing escrow funds for the payment of mortgage-related expenses, such as taxes and insurance, performing loss mitigation activities on behalf of investors and otherwise administering mortgage loan servicing portfolio. The Originations segment provides refinance opportunities to the existing servicing customers through direct-to-consumer platform and purchases loans from originators through correspondent channel. The company was founded in 1889 and is headquartered in Coppell, TX.
Market Cap
$7.02B
View Company Details
Mr. Cooper Group Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Mr. Cooper Group Inc. (the "Company") issued a press release today announcing the promotion of Vice Chairman & Chief Financial Officer, Chris Marshall, to President. Mr. Marshall, age 61, will have operating responsibility for the originations and servicing segments and key business functions, including technology and digital transformation and will retain his existing responsibilities pending appointment of a new Chief Financial Officer. Mr. Marshall joined the Company in January 2019 and has been instrumental in reshaping the Company's financial function, strengthening the balance sheet, and driving higher financial performance. He has a long track record in finance, operations, technology, and mergers and acquisitions at major financial institutions including Bank of America, Fifth Third Bancorp, and Ally Bank, and was co-founder and Chief Financial Officer of Capital Bank Financial Corporation. With this promotion, Mr. Marshall assumes Jay Bray's role as President of the Company. Mr. Bray will continue to serve as Chairman and Chief Executive Officer of the Company. The Company also disclosed that Anthony Ebers, Executive Vice President & Chief Operating Officer, has resigned from his position as Chief Operating Officer effective July 1, 2021, to pursue other opportunities. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.