PennyMac Mortgage Investment Trust Announces Changes to Its Board of Trustees
20 Avril 2023 - 10:30PM
Business Wire
PennyMac Mortgage Investment Trust (NYSE: PMT) announced today
that Donna Corley, former Executive Vice President and Head of
Single-Family Business at Freddie Mac, will join its Board of
Trustees and that Marianne Sullivan will step down from its Board
of Trustees, both effective June 1, 2023.
“I am excited to announce Donna Corley’s election to our Board
of Trustees,” said Chairman and Chief Executive Officer David
Spector. “Her expertise in single-family housing, including in
capital markets and mortgage credit, combined with her considerable
experience working alongside regulators and other industry
participants will undoubtedly provide a unique and invaluable
perspective. We welcome her arrival with great enthusiasm and look
forward to her many future contributions.”
Mr. Spector continued, “I am immensely grateful for Marianne’s
faithful service and the numerous contributions she has made since
joining PMT’s Board of Trustees back in 2017. Her insight and
expertise will be missed, and on behalf of the Board, I wish her
nothing but the best in her future endeavors.”
Ms. Corley spent her nearly 30-year career at Freddie Mac. From
2019 to 2022, she served as Executive Vice President and Head of
Single-Family Business, responsible for managing a portfolio of
mortgage assets totaling nearly $3 trillion. Her responsibilities
included managing client relationships, optimizing asset
acquisitions and pricing, establishing credit and servicing
policies, and ensuring sound practices in managing credit,
counterparty, compliance and operational risks. Ms. Corley
previously served as Chief Risk Officer for the Single-Family
Business from 2014 to 2019, and Senior Vice President of Credit
Pricing, Risk Transfer and Securitization from 2011 to 2014, along
with other roles. Ms. Corley has served as a board member of Bite
Me Cancer since 2018, where she is co-chair of the Operations
Committee. Ms. Corley holds a B.S. in business administration from
The American University and earned a Chartered Financial Analyst
designation.
About PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust is a mortgage real estate
investment trust (REIT) that invests primarily in residential
mortgage loans and mortgage-related assets. PMT is externally
managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary
of PennyMac Financial Services, Inc. (NYSE: PFSI). Additional
information about PennyMac Mortgage Investment Trust is available
at pmt.pennymac.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230420005969/en/
Media Kristyn Clark kristyn.clark@pennymac.com
805.395.9943
Investors Kevin Chamberlain Isaac Garden
investorrelations@pennymac.com 818.224.7028
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