Home >> Headlines >> Envoy Mortgage President Takes Over CEO Duties
Print This Post Print This Post

Envoy Mortgage President Takes Over CEO Duties

busineshandshakeIn Houston, Envoy Mortgage announced that its president, Patrick Walden, has taken on the additional role of CEO.

In his dual role, Walden has replaced former CEO Rick Thompson, who remains an owner of the company.

"I am very confident in our future and committed to our success," Walden said. "Envoy is well-positioned for this change. It comes at a time when all of our business channels are growing impressively and gathering momentum. Recruiting is robust, our associates are engaged and positive, and our financial foundation is very strong."

Both Walden and Thompson joined Envoy in 2008 in connection with their acquisition of ownership interests in the company and have led under a dual leadership structure since 2011. Envoy's co-founders, Dana Gompers and David Zugheri, still retain ownership interests and are active in the company's day-to-day management.

x

Check Also

Survey: Homeownership Remains Elusive for Baby Boomer Renters

A recent look into housing affordability by NeighborWorks America has found that three in five long-term baby boomer renters feel homeownership remains unattainable.