Guardian Mortgage Company, Inc., a wholly-owned subsidiary of Strategic Growth Bancorp Inc., recently announced the retirement of President and CEO Marcia F. Phillips. She has held those positions since 1988 and will now serve as vice chairman of the company’s Board of Directors. Russell Anderson will take Phillips place as Guardian's new president and CEO.
“I have been honored to be part of Guardian Mortgage for more than 39 years” Phillips said. “We have built a company that has integrity at the center of everything we do, and I am confident that Russ, Cari, and Marcus will continue that philosophy. As vice chairman, I look forward to watching the company intelligently grow into a national enterprise and offering my thoughts, advice, and guidance as needed.”
Anderson has 30 years' experience in the mortgage industry at leading financial institutions including First Union National Bank, Wells Fargo, and most recently, as a SVP at Bank of America. In addition to senior positions in the retail, correspondent, and wholesale areas of the mortgage industry, he also has experience in financing mortgage companies. In his new role, he will be expected to lead Guardian as it executes a strategic plan to make the company’s business model national while adapting to the evolving regulatory and compliance environment.
“In a short time, I have developed a genuine respect for the entire Guardian Mortgage team, for Marcie Phillips, and the company’s strong business culture," Anderson said. "Guardian Mortgage celebrated its 50th anniversary earlier this year; I am excited to have the opportunity to lead Guardian Mortgage into its second half century.”