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Stock impact report

PennyMac draws former Better CFO for strategy role [Yahoo! Finance]

PennyMac Financial Services, Inc. (PFSI) 
Last pennymac financial services, inc. earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Yahoo! Finance
Dive Brief: PennyMac Financial Services and its mortgage real estate investment trust subsidiary snapped up Kevin Ryan , most recently the CFO of the fintech Better and who previously spent over two decades at Morgan Stanley, as its chief strategy officer amid a series of leadership changes, according to a Monday release. Ryan will join the company on Oct. 13. The Westlake Village, California-based residential mortgage company also promoted Marshall Sebring, who joined the company last year to lead portfolio risk management, to become chief investment officer of PFSI and its subsidiary PennyMac Mortgage Investment Trust. Shiva Iyer, most recently the chief audit executive, was also promoted to head PennyMac's enterprise risk functions. "These appointments are a vital step in aligning our organization with future growth opportunities and the continued evolution of our business," David Spector, chairman and CEO of Pennymac, said in a statement included in the release. Dive Insi Show less Read more
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