The firm promotes COO to president
Guild Mortgage has promoted three members of its executive team and two regional leaders to support the company's growth.
To manage the planned growth, Guild Mortgage President and CEO Mary Ann McGarry said that Chief Operations Officer Terry Schmidt would assume the role of president, while McGarry continues as CEO.
“David Neylan, who has been instrumental in our customer retention efforts, will succeed Terry as chief operating officer,” McGarry said. "Amber Elwell, who has been closely involved with company financials for several years, has been promoted to chief financial officer, also succeeding Terry, who had dual roles.”
Neylan, who has more than two decades of mortgage experience, currently leads Guild Mortgage's customer retention program. Elwell most recently served as senior vice president of finance.
In addition, the company promoted Andy Stewart and Chad Overhauser to divisional sales managers, effective next year. Stewart, who has over 30 years of experience, will oversee the Mountain West region, along with the California and Hawaii regions. Overhauser will lead all other regions Guild Mortgage operates in.
“Guild is building an executive team for the future, developing strategies to compete in our rapidly evolving markets and creating customers for life,” McGarry said. “We’re pleased to be able to promote from within, drawing from talent that averages more than 25 years of experience each in our industry. This gives us the foundation to grow throughout the US, both in our existing branches and with selective acquisitions of firms with a similar entrepreneurial culture.”
The company posted a record $15.78 billion in total volume for the month ending Sept. 30 and projected to end the year with $20 billion in total volume.
