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NewDay USA Names David Loeser Vice Chairman, EVP of HR

David LoeserNewDay USA, a Maryland-based mortgage lender, announced that David Loeser has been appointed Vice Chairman to the company’s board of advisors and will be serving as EVP of Human Resources. A strategic management and human resources expert with more than 30 years of experience working for top multinational brands, Loeser will lend his skills and expertise to direct the company’s recruiting and staffing efforts.

Most recently, Loeser was SVP Human Resources at Unisys, a global information technology provider, where he was responsible for creating and implementing several initiatives to improve the recruitment, training, evaluation, and retention of more than 22,000 employees. Prior to Unisys, he served in executive roles for Hostess Brands, Continental Airlines, and PepsiCo, among other international companies. He currently serves as the Chairman of the University of South Carolina Advisory Board.

“Dave’s vast experience in the human resources field makes him perfect for the role of vice chairman and executive vice president of human resources,” said NewDay USA CEO Rob Posner. “NewDay USA has become one of the fastest growing lenders in the country, thanks to our unique culture focused on the selection, training, and development of our team. As we continue to expand, we will be leaning on Dave’s expertise in building world-class businesses.”

In addition, the company announced plans to accept 160 recent college graduates into NewDay USA University, the company’s unique mortgage training program created to give young professionals the tools and resources they need for a successful mortgage banking career. Almost 100 enrollees currently participate in the company's paid internship program, in which they work for NewDay USA for two weeks in January and once a month during the school year until graduation.

“NewDay USA is not only providing incredible service to our nation’s veterans, it is developing future mortgage industry leaders through NewDay USA University,” Loeser said. “Being personally familiar with some of our country’s best workplaces, I have to say the environment NewDay USA has cultivated in addition to its training and development programs for young professionals ranks among the very best. It may be difficult to improve upon the company’s well-deserved reputation, but I look forward to the challenge.”

NewDay USA is one of the country’s largest originators of VA loans, enabling veterans and their families to buy a home with no money down. Known for its fun, high-energy work environment, NewDay USA was recently recognized as one of Baltimore’s “Best Places to Work” by the Baltimore Business Journal.

About Author: David Wharton

David Wharton, Online Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 15 years of experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at David.Wharton@theMReport.com.

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