Walter Investment Management (WAC) Names New CEO

August 9, 2016 6:26 AM EDT

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Walter Investment Management (NYSE: WAC) announced that it has appointed Anthony Renzi as CEO.

Renzi will join in Q416.

About Anthony RenziAnthony Renzi most recently served as the Chief Operating Officer, Managing Director and Head of Operations for Citi's North America Retail Bank, Commercial Bank and CitiMortgage (2012 - 2016). In that capacity he provided executive operations leadership for customer contact centers, core banking and mortgage operations, branch operations support, investor reporting / servicing accounting, default operations and servicing technology. With over 30 years of experience in mortgage banking, he is an accomplished executive with demonstrated success creating and leading top national financial services organizations, including serving as the Executive Vice President of the Single Family Business, Operations and Technology at Freddie MAC (2010 - 2012) and the Chief Operating Officer of GMAC Residential Capital and President of GMAC Mortgage LLC (2001 - 2010). Mr. Renzi earned a Bachelor's Degree in Business Administration from Holy Family University in Philadelphia and an MBA from Philadelphia University.

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