Promotions comes as part of the company's nationwide expansion strategy
Two company veterans in Sprout Mortgage’s sales team are moving up the ranks.
The non-QM originator has announced the promotion of Dean Ayres (pictured top) to western regional vice president, with Scott Wood (pictured below) taking over Ayres’ previous position of western regional manager. Wood will report to Ayres, who in turn reports to Paul Howarth, senior vice president of TPO sales for the West.
With this promotion, Ayres will focus on recruiting, mentoring, and growing Sprout’s TPO sales teams in the West. He has been with the company for five years and brings nearly two decades of mortgage lending and leadership experience, including time spent at REMN Wholesale, Sunburst Funding, and Impac Mortgage.
In his new role, Wood will be responsible for coaching a growing team of account executives. He joined Sprout Mortgage in 2018 as a senior account executive. Wood also has 20 years of industry experience across non-QM and QM lending.
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“As market dynamics shift in 2022, Sprout is positioned to win, and in this environment, we are able to highlight and reward our top talent,” said Sprout Mortgage president Shea Pallante. “Dean and Scott are prime examples of Sprout’s entrepreneurial culture and spirit. They are each well-deserving of broader responsibilities.”