Jay Bray – Chief Executive Officer and Director
Jay Bray was appointed to our board in 2012 and has also served as our Chief Executive Officer and Director since 2012. Mr. Bray has also served as the President of Nationstar Mortgage LLC since July 2011, as the Chief Executive Officer of Nationstar Mortgage LLC since October 2011, as the Chief Financial Officer of Nationstar Mortgage LLC since he joined Nationstar in May 2000, as a Manager of Nationstar Mortgage LLC since October 2011, and as a Director of Nationstar Capital Corporation since March 2010. Mr. Bray has over 22 years of experience in the mortgage servicing and originations industry. From 1988 to 1994, Mr. Bray worked with Arthur Andersen in Atlanta, Georgia, where he served as an audit manager from 1992 to 1994. From 1994 to 2000, Mr. Bray held a variety of leadership roles at Bank of America and predecessor entities, where he managed the Asset Backed Securitization process for mortgage-related products, developed and implemented a secondary execution strategy and profitability plan and managed investment banking relationships, secondary marketing operations and investor relations. Additionally, Mr. Bray led the portfolio acquisition, pricing and modeling group. Mr. Bray holds a B.A.A. in Accounting from Auburn University and is a Certified Public Accountant in the State of Georgia.
Harold Lewis – President and Chief Operating Officer
Harold Lewis joined Nationstar in 2012 as our President and Chief Operating Officer. Mr. Lewis was previously the Chief Operating Officer at CitiMortgage, responsible for Operations, Technology and key CitiMortgage functions. In this role, Mr. Lewis oversaw more than 9,000 employees and was also responsible for Customer Experience, Services, Agency Relations and Re-engineering. Mr. Lewis joined CitiMortgage in April 2009 as head of the Citi Homeowner Assistance Program. Prior to CitiMortgage, Mr. Lewis held executive positions at Fannie Mae for seven years, most recently as Senior Vice President of National Servicing where he was responsible for the management of 1,400 mortgage servicers. Mr. Lewis has also held senior management roles with Resource Bancshares Mortgage Group, Nations Credit, Bank of America/Barnett Bank, Cardinal Bank Shares and Union Planter National Bank. Mr. Lewis received his Bachelor of Science degree in Business from Memphis State University.
David Hisey – Chief Financial Officer
David C. Hisey joined Nationstar in 2012 as our Executive Vice President and Chief Financial Officer. Mr. Hisey was previously the Executive Vice President and Deputy Chief Financial Officer for Fannie Mae, a role he held since 2008. From 2005 to 2008 he served as Senior Vice President and Controller for Fannie Mae. Prior to his most recent assignment at Fannie Mae, he also briefly served as Executive Vice President and Chief Financial Officer. Prior to joining Fannie Mae, Mr. Hisey was Corporate Vice President of Financial Services Consulting, Managing Director and practice leader of the Lending and Leasing Group of BearingPoint, Inc., a management consulting and systems integration company. Prior to joining BearingPoint in 2001, Mr. Hisey was an audit partner with KPMG, LLP; his tenure at KPMG spanned 19 years from 1982 to 2001. He received a Bachelor of Business Administration degree in Accounting from James Madison University and is a certified public accountant.
Ramesh Lakshminarayanan – Executive Vice President and Chief Risk Officer
Ramesh Lakshminarayanan joined Nationstar in 2012 as an Executive Vice President and Chief Risk Officer. He has over 20 years of experience managing credit risk, with over 10 years of experience in risk management specific to the mortgage industry. From 1989 to 1994 Mr. Lakshminarayanan worked for Citibank India as Assistant Vice President, Default and Operations, and from 1996 to 2001 as Senior Vice President Retail Banking Risk Head, Citibank Consumer. From 2001 to 2004, Mr. Lakshminarayanan worked for CitiFinancial, as Chief Risk Officer, CitiFinancial Mortgages and from 2004 to 2006 as Group Chief Risk Officer, Consumer Finance North America. From 2006 to December 2011, he worked for JPMorgan Chase where he served as Chief Risk Officer Retail/Chief Risk Officer of Chase Home Lending and from January 2012 to June 2012 as Head of Capital Market Operations for Mortgage Banking. Mr. Lakshminarayanan holds a Bachelor of Commerce Degree from Madras Christian College, India, and is a Fellow Member of the Indian Institute of Chartered Accountants.
John Draghi – Executive Vice President of Capital Planning and Strategic Partners
John M. Draghi is our Executive Vice President of Capital Planning and Strategic Partnerships and has served in such capacity since joining Nationstar in February 2012. Although Mr. Draghi is not one of our executive officers, he makes significant contributions to our business. Mr. Draghi has over 25 years of experience in the mortgage industry. From 2009 to 2012, Mr. Draghi was a Managing Director at Fortress, an affiliate of our Initial Stockholder, and worked closely with our senior management. Prior to joining Fortress, Mr. Draghi was the Chief Executive Officer, Chief Operating Officer and Chief Investment Officer at C-BASS, an industry leader in residential investing and servicing, from 1996 to 2007. Prior to joining C-BASS, Mr. Draghi worked in the securities industry for 12 years, including as a Vice President at PaineWebber, where he was responsible for trading residential whole loans, new issue non-Agency MBS, Subordinated Securities and REMIC Residuals. Prior to PaineWebber, he worked at Lehman Brothers for eight years in both Capital Markets and Structured Finance and as a senior auditor at Coopers & Lybrand. In addition, Mr. Draghi has consulted in the subordinated mortgage market for a select group of institutional investors. Mr. Draghi holds a B.S.B.A. from Boston University and is an inactive certified public accountant.
Douglas Krueger – Executive Vice President of Capital Markets
Douglas Krueger is our Executive Vice President of Capital Markets and has served in such capacity since 2011. He holds the same position at Nationstar Mortgage LLC and has served in this capacity since joining Nationstar in February 2009. Mr. Krueger has over 20 years of experience in the mortgage industry. For five years, Mr. Krueger held various senior leadership roles with CitiMortgage managing the secondary marketing and master servicing areas. Mr. Krueger also served as Senior Vice President with Principal Residential Mortgage for 13 years. Mr. Krueger holds a B.B.A. from the University of Iowa and has earned the Chartered Financial Analyst designation.
Marshall Murphy – Executive Vice President of Corporate Development and Investor Relations
Marshall Murphy is the Executive Vice President of Corporate Development and Investor Relations at Nationstar Mortgage LLC and has served in this capacity since joining Nationstar in August 2011. Mr. Murphy has over 17 years of experience in the financial services industry. Prior to joining Nationstar, Mr. Murphy was a Senior Vice President and head of Corporate Finance and Investor Relations at MCG Capital Corporation, a publicly-traded business development corporation and private equity firm. Mr. Murphy also has significant investment banking and mortgage finance experience at Credit Suisse, eFinance Corp., Bank of America predecessor entities, and Kidder Peabody & Co. Mr. Murphy has an MBA in Finance from the University of Texas at Austin and a BS in Commerce from Washington and Lee University.
Amar Patel – Executive Vice President of Portfolio Investments
Amar Patel is our Executive Vice President of Portfolio Investments and has served in such capacity since 2011. He holds the same position at Nationstar Mortgage LLC and has served in this capacity since joining Nationstar in June 2006. Mr. Patel has over 19 years of experience in the mortgage industry. From 1993 to 2006, Mr. Patel held various management roles at Capstead Mortgage Corporation, last serving as Senior Vice President of Asset and Liability Management. Mr. Patel holds a B.B.A. in Finance and Mathematics from Baylor University and an M.B.A. from Southern Methodist University.
Lisa A. Rogers – Executive Vice President, National Production Manager
Lisa A. Rogers is our Executive Vice President of Originations and has served in such capacity since 2012. She holds the same position at Nationstar Mortgage LLC. Ms. Rogers has over 18 years of leadership experience in the mortgage industry. Prior to joining Nationstar in September 2011, Ms. Rogers was Senior Vice President, National Wholesale Operations and Support Manager for Wells Fargo Home Mortgage. Ms. Rogers had been with Wells Fargo since 1993 in a variety of roles including production risk management and strategic development. Ms. Rogers is a Master Certified Mortgage Banker and a graduate of both the School of Mortgage Banking and the Mortgage Bankers Association Future Leaders Program. Ms. Rogers is a past instructor of the School of Mortgage Banking.
Anthony Villani – Executive Vice President and General Counsel
Anthony W. Villani is our Executive Vice President and General Counsel and has served in such capacity since 2012. Pending regulatory approval, he will also hold the same position at Nationstar Mortgage LLC, which he joined in October 2011 as an Executive Vice President. Prior to joining Nationstar, Mr. Villani was Vice President and Associate General Counsel of Goldman, Sachs & Co. where he served as the managing attorney for Litton Loan Servicing LP, a Goldman Sachs company, from June 2008 until September 2011. He has also served as Executive Vice President and General Counsel of EMC Mortgage Corporation, a wholly-owned subsidiary of The Bear Stearns Companies Inc. Mr. Villani holds a J.D. from Oklahoma City University School of Law and a B.S. in Political Science from Arizona State University. Mr. Villani was admitted to the Oklahoma Bar in 1983 and the Texas Bar in 1989.
Michael D. Malone
Michael D. Malone was appointed to our board in 2012. He is a member of the Compensation Committee and the Audit Committee of Morgans Hotel Group Co. and has been one of its directors since January 2008. In November 2012, Mr. Malone was appointed to the board of directors of Walker & Dunlop, Inc. From February 2008 until February 2012, he served as a Managing Director of Fortress, an affiliate of our Initial Stockholder, where he was in charge of the Charlotte, North Carolina office and responsible for the business of the capital formation group in the southeast and southwest regions of the United States. Mr. Malone retired from Bank of America in November 2007, after nearly 24 years of service as Senior Executive Banker and Managing Director. Over those years Mr. Malone worked in and ran a number of investment banking businesses for the bank and its subsidiary, Banc of America Securities, including real estate, gaming, lodging, leisure, and the financial sponsors businesses. Mr. Malone holds a B.S. in General Studies from the University of Kentucky.
Wesley R. Edens was appointed to our board in 2012. He has been Co-Chairman of the board of directors of Fortress, an affiliate of our Initial Stockholder, since August 2009. From 2006 to 2009, he was Chairman of the board of directors of Fortress. He has also been a member of the Management Committee of Fortress since co-founding Fortress in 1998. He is responsible for Fortress’s private equity and publicly traded alternative investment businesses. He is also Chairman of the board of directors of each of Aircastle Limited, Brookdale Senior Living Inc., Eurocastle Investment Limited, Florida East Coast Railway Corp., GateHouse Media, Inc., Mapeley Limited, Newcastle Investment Corp. and RailAmerica, Inc. and a director of GAGFAH S.A., Penn National Gaming Inc., Springleaf Finance Corporation and Springleaf Finance Inc. Mr. Edens was Chief Executive Officer of Global Signal Inc., a real estate investment trust, from February 2004 to April 2006 and Chairman of its board of directors from October 2002 to January 2007. Prior to forming Fortress, Mr. Edens was a partner and managing director of BlackRock Financial Management Inc., where he headed BlackRock Asset Investors, a private equity fund. In addition, Mr. Edens was formerly a partner and managing director of Lehman Brothers. Mr. Edens holds a B.S. in Finance from Oregon State University.
Robert H. Gidel was appointed to our board in 2012. He has been a principal in Liberty Partners, LLC, a company that invests in both private and publicly traded real estate and finance focused operating companies, since 1998. He has also been a member of the board of directors and the chairman of the compensation committee of DDR, a real estate investment trust, since 1999. Mr. Gidel has also served as Chairman of the board of directors of LNR Property Holdings, a private multi-asset real estate company, from 2005 until 2007. Until January 2007, Mr. Gidel was also a member of the board of directors and lead director of Global Signal Inc., a real estate investment trust. He has been a trustee of Fortress Registered Investment Trust and a director of Fortress Investment Fund II, LLC since 1999, both of which are registered investment companies. From 1996 until 2005, Mr. Gidel was the independent member of the investment committee of the Lone Star Funds I, II, III, IV and V. Mr. Gidel was also a member of the board of directors of U.S. Restaurant Properties, Inc. until 2005 and a member of the board of directors of American Industrial Properties Real Estate Investment Trust until 2001. Mr. Gidel holds a B.S.B.A. in Finance Insurance and Real Estate from the Warrington College of Business at the University of Florida.
Roy A. Guthrie was appointed to our board in 2012. He has also been a member of the board of directors and a member of the audit committee of Bluestem Brands, Inc. since 2010. He is also a member of the board of directors of Garrison Capital, LLC and Enova International, Inc. From 2005 to 2012, he served as Executive Vice President of Discover Financial Services, where he also served as Chief Financial Officer from 2005 to 2011 and as Treasurer from 2009 to 2010. Prior to joining Discover Financial Services, Mr. Guthrie was President and Chief Executive Officer of CitiFinancial International, LTD, a Consumer Finance Business of Citigroup, from 2000 to 2004, and he served on Citigroup’s Management Committee throughout this period. Mr. Guthrie was also Chief Financial Officer of Associates First Capital Corporation from 1996 to 2000, while it was a public company, and he served as a member of its board from 1998 to 2000. Mr. Guthrie holds a B.A. in Economics from Hanover College and an M.B.A. from Drake University.
Brett Hawkins was appointed to our board in 2012. He co-founded GGL Global Gaming, a private video game, social networking, and digital content distribution platform, in 2004, and has served on the board of GGL’s parent corporation, Professional Interactive Entertainment, Inc., since its founding. Mr. Hawkins previously served as Vice President for Finance of DVDExpress.com, Inc. and President of its successor, Express Media Group, an early e-commerce business selling DVDs, video games, and peripherals. Mr. Hawkins has also held senior management positions at UBS/Warburg Dillon Read, where from 1997 to 1999 he was a Managing Director overseeing European Principal Finance, BlackRock Capital Finance, where from 1996 to 1997 he was Director of European Acquisitions & Operations, Lehman Brothers, where from 1994 to 1996 he was an Executive Director of Lehman Brothers International Europe and from 1993 to 1994 a Senior Vice President at Lehman Brothers Inc., and Salomon Brothers Inc., where from 1988 to 1993 he was a Vice President of Mortgage Trading with responsibility for Whole Loan CMO Business. Mr. Hawkins holds a B.B.A. in Finance and an M.B.A. in Finance, both from the University of Wisconsin - Madison.