Walter Investment Management Corp Stock Information

Corporate :: Board of Directors

Board of Directors

Mark J. O'Brien, age 70, has served as the Chairman of the Board of Directors and Chief Executive Officer of the Company since April 2009. In March 2006, Mr. O'Brien was named Chairman and Chief Executive Officer of JWHHC, and, in February 2009, of WIM. He also served as a director of Walter Energy from 2005 until the Merger. Mr. O'Brien has served as President and Chief Executive Officer of Brier Patch Capital and Management, Inc., a family real estate investment and management firm, since September 2004. Mr. O'Brien served in various capacities at Pulte Homes, Inc. for 21 years, culminating in his appointment as President and Chief Executive Officer. He retired from that position in 2003. Mr. O'Brien is a director of Mueller Water Products, Inc., a publicly traded spin-off from Walter Energy, and A. Duda & Sons, Inc., a privately held family agriculture and real estate firm. He also serves on the Board of Trustees for the Billfish Foundation, a not-for-profit entity dedicated to the worldwide management of billfish resources.

Steven R. Berrard, age 58, was appointed to fill a vacancy on the Company's Board of Directors in March 2010. He has served on the Board's Compensation Committee from the time of his appointment to the Board until the present, and he served on the Audit Committee from May of 2010 until February 2013. Mr. Berrard has served on the Board of Directors of Swisher International, a publicly traded, industry leader in hygiene solutions and products since 2004. Mr. Berrard is the Managing Partner of New River Capital Partners, a private equity fund he co-founded in 1997. Prior to co-founding New River Capital Partners, Mr. Berrard was the co-founder and Co-Chief Executive Officer of AutoNation, Inc., the nation's leading automotive retail company, from 1996 to 1999. Prior to joining AutoNation, Mr. Berrard served as President and Chief Executive Officer of the Blockbuster Entertainment Group, the world's largest video store operator. Prior to his tenure with Blockbuster, Mr. Berrard served as President of Huizenga Holdings, Inc. and served in various positions with subsidiaries of Huizenga Holdings, Inc. from 1981 to 1987. Prior to joining Huizenga Holdings, Inc., Mr. Berrard was employed by Coopers & Lybrand from 1976 to 1981. Mr. Berrard currently serves on the Board of Directors of Pivotal Fitness. He has previously served on the Boards of Directors of Jamba, Inc., (2005 – 2009), Viacom, Inc., (1987 – 1996), Birmingham Steel (1999 – 2002), HealthSouth (2004 – 2006), and Boca Resorts, Inc. (1996 – 2004). Mr. Berrard earned his B.S. in Accounting from Florida Atlantic University.

Ellyn L. Brown, age 63, has served as a director of the Company since April 2009. She practiced corporate and securities law from 1996 until her retirement in 2010, most recently as the president of Brown and Associates, a corporate law and consulting firm that provided operational, regulatory and governance guidance to financial services clients and other entities that operate in highly regulated environments. She has taught corporate and securities law at Villanova University School of Law and the University of Maryland School of Law. Ms. Brown has served as a director of NYSE Euronext, Inc. and its predecessors since 2005, and also chairs the board of directors of NYSE Regulation, Inc., which oversees NYSE market regulation. In 2012, she joined the board of CNO Financial, Inc., a publicly-traded insurance company. Ms. Brown served on the Board of Governors of the Financial Industry Regulatory Authority ("FINRA") from 2007 to 2012, and was a trustee of the Financial Accounting Foundation (parent of the Financial Accounting Standards Board and the Government Accounting Standards Board) from 2007-2011. She served as Maryland's Securities Commissioner from 1987-1992, and later was a member of the boards of the National Association of Securities Dealers Regulation and the Certified Financial Planner Board of Standards.

Alvaro G. de Molina, age 55, was appointed to the Company's Board of Directors effective September 10, 2012 when the Board was expanded from seven to nine members. Mr. de Molina served as the Chief Executive Officer of GMAC Financial Services beginning in April 2008, and on the Board of Directors of GMAC Financial Services beginning in March 2009 until resigning from both positions in November 2009. Prior to joining GMAC Mr. de Molina was with Cerberus Capital Management and prior thereto Mr. de Molina had a seventeen year career at Banc of America where he held a number of positions in senior management, including, chief financial officer, CEO of Banc of America Securities, president of global corporate and investment banking and corporate treasurer. Before joining Bank of America Mr. de Molina served in the lead financial role for emerging markets at J.P. Morgan having begun his career at PriceWaterhouse. Mr. de Molina holds a bachelor's degree in accounting from Fairleigh Dickinson University and a master's degree in business administration from Rutgers Business School. Born in Cuba, Mr. de Molina serves on the boards of Duke University's Fuqua School of Business, Florida International University and the Financial Services Volunteer Corps.

Denmar J. Dixon, age 50, has served as a director of the Company since April 2009, and on January 22, 2010, he became Vice Chairman and Executive Vice President of the Company. Prior to becoming an executive officer of the Company, he also had served as a member of our Board's Audit Committee, Nominating and Corporate Governance Committee, and as Chairman of the Compensation and Human Resources Committee (Mr. Dixon resigned from each of these committee positions immediately prior to his appointment as the Vice Chairman and Executive Vice President of the Company). Prior to serving on the Company's Board, Mr. Dixon was elected to the Board of Managers of JWHHC (WIM's predecessor) in anticipation of the spin-off of the Company's business and subsequent merger with Hanover. In 2008 Mr. Dixon founded Blue Flame Capital, LLC, a consulting, financial advisory and investment firm. Mr. Dixon retired in January 2008 after 23 years with Banc of America Securities and its predecessors. At the time of his retirement, Mr. Dixon was a Managing Director in the Corporate and Investment Banking group and held the position of Global Head of the Basic Industries group. Mr. Dixon has significant experience in the General Industrial, Consumer and Business Services industries. During his career at Banc of America Securities, Mr. Dixon completed mergers and acquisitions, equity and debt capital raising and financial restructuring transactions totaling in excess of $75 billion.

William J. Meurer, age 69, has served as a director of the Company since April 2009. Prior to serving on the Company's Board, he was elected to the Board of Managers of JWH Holding Company, LLC, a subsidiary of Walter Energy and parent of WIM ("JWHHC"), in anticipation of the spin-off of the Company's business and subsequent merger with Hanover. Previously, Mr. Meurer was employed for 35 years with Arthur Andersen LLP where he served most recently as the Managing Partner for Arthur Andersen's Central Florida operations. Since retiring from Arthur Andersen in 2000, Mr. Meurer has been a private investor and consultant. Mr. Meurer also serves on the Board of Trustees for LifeLink Foundation, Inc. and as a member of the board of directors of Sykes Enterprises, Incorporated and the Eagle Family of Funds.

James L. Pappas, Ph.D., age 69, was appointed to the Company's Board of Directors effective September 10, 2012 when the Board was expanded from seven to nine members. Dr. Pappas served from 1986 to 2006 as the Lykes Professor of Banking and Finance at the University of South Florida's College of Business Administration. During his tenure at USF Dr. Pappas also served from 1987 to 1995 as the Dean of the College of Business. From 1995 to 2005 Dr. Pappas served as President and CEO of The Graduate School of Banking at the University of Wisconsin. Dr. Pappas serves as the Chairman of the Board of Trustees for the Eagle Family of Mutual Funds.

Shannon E. Smith, age 47, has served as a director of the Company since April 2009 and, until his resignation in June of 2011, served as a Director, Senior Vice President and Chief Operating Officer of American Land Lease, Inc., a real estate investment trust, and as a Managing Director of Green Courte Partners, LLC, a Chicago-based private equity real estate investment firm. Until the completion of its merger with GCP Sunshine Acquisition, Inc. on March 16, 2009, American Land Lease was listed on the NYSE. Mr. Smith joined American Land Lease, Inc. in October 2000 as Chief Accounting Officer and was appointed as its Chief Financial Officer in February 2001 and its Chief Operating Officer in July 2009. Mr. Smith was named a Managing Director of Green Courte Partners in May of 2009. Mr. Smith also served as the Secretary of American Land Lease, Inc. from July of 2002 until January of 2008. From March 1997 to October 2000, Mr. Smith served as Chief Financial Officer of Jemison-Demsey Holding Company, Jemison Industries and other entities controlled by Jemison Investment Company. Mr. Smith began his career with Ernst & Whinney as a certified public accountant.

Michael T. Tokarz, age 62, has served as a director of the Company since April 2009. Mr. Tokarz has been Chairman of Walter Energy's board of directors since December 2006 and has been a director of Walter Energy since September 1987. Since February 1, 2002 he has been a member of the Tokarz Group, LLC. From January 1996 until February 1, 2002, Mr. Tokarz was a member of the limited liability company which serves as the general partner of Kohlberg Kravis Roberts & Co. L.P. Mr. Tokarz also is a director of CNO Financial Group, Inc. (f/k/a Conseco, Inc.) (2003 – present), IDEX Corporation (1987 – present), Mueller Water Products, Inc. (2006 – present) and MVC Capital, Inc. (2004 – present).