loanDepot, Inc. (NYSE: LDI) has announced organizational changes within its leadership ranks.
David Hayes has been appointed chief financial officer, effective June 26, and will be based out of the company’s headquarters in Irvine, California. He joins loanDepot from CoreLogic Inc., where he most recently served as executive, finance and treasurer, and he will succeed Patrick Flanagan, who will be departing the company after a transition period.
loanDepot also reported that it will consolidate LDI Digital (including mellohome) into its existing production channels, under the leadership of LDI Mortgage President Jeff Walsh. As a result of this organizational change, LDI Digital President Zeenat Sidi will be transitioning out of the organization.
The company also announced the departures of Chief Accounting Officer Nicole Carrillo and Chief Human Resources Officer Kevin Tackaberry, who each will be leaving after a transition period.
“As we continue to advance our Vision 2025 plan, we expect to drive automation and operating leverage and invest in customer-facing tools and solutions, as well as implement operational and structural changes to optimize and streamline our business and position loanDepot for long-term growth and success,” said President and CEO Frank Martell.
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