Glen Messina, Ocwen president and CEO, was also named chair
Glen Messina is Ocwen Financial’s president, CEO and chief executive officer. He will be adding the title of board chair to his title immediately. Caldwell stated in a press release that his decision to resign as chair was based on ongoing discussions with the board about how to balance the needs of continuity and succession planning. “Glen has a remarkable track record at Ocwen. Our decision to have him take over the role of Chair reflects our confidence and trust in him and the entire executive leadership team. Following the October 2018 acquisition by PHH, Messina was appointed president and CEO of Ocwen. This was to assist the West Palm Beach, Fla.-based business with a series regulatory settlements that required it change its mortgage servicing platform from Black Knight’s MSP. Following the October 2018 acquisition of PHH, Messina became president and CEO. This was to help the West Palm Beach, Fla.-based company comply with a series of regulatory settlements that required it to change its mortgage servicing platform to Black Knight’s MSP. He is currently an independent consultant. His past positions include stints as a managing Director in the Financial Institutions Group of Barclays, a partner and head of depository investment banking at FBR & Co., and as a member of GreenPoint Financial’s leadership team (a New York thrift that was merged with Capital One). Caldwell stated that Kevin’s track record of being a board member and his extensive experience in investment banking and mortgage lending make him the perfect person to fill this role.