Ocwen Financial (OCN) Appoints Sean O'Neil Executive Vice President and Chief Financial Officer

Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of Sean O’Neil as Executive Vice President and Chief Financial Officer, effective June 13, 2022.

Mr. O’Neil brings to Ocwen significant financial leadership experience in the mortgage sector, and he will be responsible for leading the Company’s global finance organization. He joins Ocwen from Bayview Asset Management, LLC, where he served as the company’s Chief Financial Officer since 2015. Prior to this role, he held a number of senior positions at financial institutions, including serving as Group Financial Officer for Wells Fargo, Eastern Community Bank and as Chief Financial Officer for Wachovia’s Wealth Management Group.

Glen A. Messina, President and CEO of Ocwen, said, “Sean is a proven CFO with extensive experience in providing financial, operational and strategic leadership to large financial services companies. He has an impressive track record of driving cost leadership and profitable growth, optimizing liquidity, and strategic planning that will be instrumental as we continue to navigate a challenging mortgage originations market. We believe Sean’s background in both the private and public sectors is a strong fit for us as we execute on our priorities to deliver results, create value and position Ocwen for long-term success.”

Mr. O’Neil will succeed June C. Campbell, who will be leaving the Company after a transition period to pursue opportunities outside of Ocwen.

“On behalf of our Board of Directors, I want to sincerely thank June for her contributions to Ocwen over the past three years,” said Messina. “June came to Ocwen during a pivotal time when we were in the early stages of the Ocwen-PHH merger and integration. She was a key leader who helped us successfully transform the Company, build a balanced business model, enhance our relationships with the investment community and strengthen our finance function, leaving a solid foundation for Sean to build upon. I wish June all the best in her future endeavors.”

Sean O’Neil

Mr. O’Neil most recently served as Chief Financial Officer for Bayview Asset Management, LLC, which he joined in 2015. At Bayview, he was responsible for finance and accounting, treasury and financing structures, liquidity, loan accounting, funding and collateral activities. Prior to joining Bayview, he was the Group Financial Officer for Wells Fargo, Eastern Community Bank. Prior to this role, Mr. O’Neil was the Chief Financial Officer for Wachovia’s Wealth Management Group. Before joining Wachovia, he was a senior manager at Boston Consulting Group, where he worked with financial services companies in Europe and North America. Mr. O’Neil began his career as a nuclear submarine officer in the U.S. Navy, and he earned a Master of Business Administration degree from Harvard Business School and a Bachelor of Science degree in Mechanical Engineering from Pennsylvania State University.

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• WWP, Plc (WPP) Issues Q1 Trading Update
• Wells Fargo Upgrades Neurocrine Bio. (NBIX) to Overweight 'as the Company is Knocking on the Doors of the Large-Cap Club'