Executive is expected to strengthen the company’s market presence and stakeholder relationships
Cenlar FSB has appointed industry veteran Thomas Donatacci (pictured) as its new senior vice president and investor relations officer.
Donatacci will be in charge of strengthening its relationships with stakeholders, primarily agency investors, shareholders, clients, and rating agencies. “Tom will support the growth of our relationships with clients as well as prospects by bringing his considerable knowledge and insight to the fore and sharing the details of Cenlar’s mortgage servicing transformation and strategic plan for the benefit of our clients and their homeowners,” the mortgage subservicer said in its news release.
Before joining Cenlar, Donatacci was executive vice president of business development for The Money Source. He also served as chief of staff at Impac Holdings, EVP of special servicing at Selene Finance, and EVP of Clayton Holdings.
“Tom brings invaluable industry insights to Cenlar in addition to a solid track record of delivering results,” said Cenlar CEO and president Jim Daras. “Having such deep knowledge of the industry and building relationships, I am confident that Tom will further strengthen our market presence, as well as inform all stakeholders of our strategic vision and improvements to the company as we’re striving every day to be the very best partner to our clients and their homeowners.”
“I am excited to be joining Cenlar, the leading subservicer in our industry, at this point in the evolution of the company and my own career,” Donatacci said.
Donatacci’s appointment comes on the heels of two leadership promotions in Cenlar’s wholesale bank unit. The company said the promotions will allow it to offer “the most innovative, high quality, and flexible servicing solutions to the market.”
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