Leadership reshuffle aims to bolster the company's financial and operational strategy
Cenlar FSB has revealed some changes in its executive lineup. David Schneider, previously chief financial officer, has been promoted to president. Meanwhile, John Mezzasalma, senior vice president of finance, will step in as the acting chief financial officer.
As president, Schneider (pictured left) will oversee various key areas of Cenlar’s operations, including banking, financial, client management, core operations, default operations, borrower operations, transfer operations, and project management.
His extensive background in the mortgage industry includes leadership positions at several mortgage companies, notably as president of CitiMortgage, president of WaMu Home Loans, CEO of Lone Star-backed Vericrest, president of Ditech, and CEO of Blackstone-backed Stearns Lending. He also led JPMorgan’s national servicing and default operations.
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Meanwhile, Mezzasalma (pictured right) has been with Cenlar since 2015, initially joining as vice president and chief accounting officer. He was elevated to senior vice president three years into his tenure. Before joining Cenlar, Mezzasalma was a senior manager at KPMG.
In his new role as acting CFO, Mezzasalma will work closely with both Schneider and Daras to guide Cenlar’s financial team.
“I want to congratulate both David and John. David is an accomplished and highly regarded mortgage banking executive with deep financial and mortgage servicing expertise, and John is a proven financial executive with more than 17 years of experience in corporate and operational accounting, audit, internal controls, taxes, and finance,” Cenlar CEO D. James “Jim” Daras said in the company’s press release. “These moves are simply another acknowledgment of the importance of elevating expertise and strength from within our organization.”
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