American Financial Resources (AFR), a national mortgage lender headquartered in Parsippany, New Jersey, announced the promotion of Robert Pieklo to CEO and Michael Brenning to chief operating officer (COO).
Pieklo joined AFP as COO in February 2024 following its acquisition by Proprietary Capital. He was previously vice president of revenue at UMortgage. Brenning joined the company in April 2024 as head of production, having previously served as a division president at Fairway Independent Mortgage Corp.
Craig Cohen, managing member of Proprietary Capital and AFR’s chairman of the board, stated, “The growth numbers speak for themselves. Robert and Michael have been essential to AFR’s transformation, and we’re confident they’ll continue to elevate the company to new heights.”
