Home >> News >> Data >> ALFN’s CEO Resigns, Starts Consulting Group
Print This Post Print This Post

ALFN’s CEO Resigns, Starts Consulting Group

The ""American Legal & Financial Network"":www.alfn.org/ (ALFN) recently released a brief statement announcing the resignation of the organization's current president and CEO, William LeRoy.


The Missouri-based group extended few details surrounding LeRoy's departure, but the ALFN did indicate that LeRoy's resignation would be effective immediately.

Co-founder and chairman of the board of directors for the ALFN, Wesley T. Kozeny, was named as interim president and CEO. The organization said it has already begun the search for a permanent replacement for LeRoy, who served the ALFN for over nine years.

The ALFN's official press documents noted that LeRoy had resigned to ""in order to pursue other opportunities,"" and in


conducting research for this story, _MReport_ found that ""LeRoy's LinkedIn"":http://www.linkedin.com/pub/william-m-leroy/5/707/685 page now lists him as the founder and principal of PHOENIX Consulting, LLC, as of January 2012.

As recently as last October, LeRoy's position at the ALFN appeared firm, and various press materials covering the group's activities gave no indication that LeRoy would be stepping down as the leader of the ALFN.

During October of last year, for example, the ALFN released a personal message written by LeRoy that was widely distributed. In the open letter, LeRoy expressed his thanks to the ALFN's members and others following the organization's actions related to the ""Federal Housing Finance Agency's"":www.fhfa.gov/ Loan Servicing and Delinquency Management Alignment Initiative.

In the statement, LeRoy wrote in part, ""Folks, I am 60 years 'young'├â┬ó├óÔÇÜ┬¼├é┬ª I have never witnessed any group take any such action that resulted in such a dramatic national policy turnaround involving such behemoth industry players, as we have done in the five days that make up the beginning and ending of these events. If you have ever asked yourself what the true value of this organization is, or if you can truly make a difference within this industry, we have just demonstrated that the answer to that question is a resounding YES! We truly are a force for good within our industry and we can, and do make a difference.""

The ALFN has already updated its website to reflect Kozeny's position as interim president and CEO. As of press time, there was no additional information available regarding LeRoy's permanent replacement.

About Author: Abby Gregory


Check Also

Pandemic Pushes Affordable Home Prices Higher

Increased demand from buyers and low mortgages rates are among the reasons for the growing price tags.


With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.