The chief executive officer of the company formerly known as Walter Investment Management Corp. has left, and an interim replacement has been named from within the company.
A news release Tuesday indicated that Anthony N. Renzi has left the CEO position at Ditech Holding Corp., the new name of Walter Investment since emerging from bankruptcy on Feb. 9.
The departure of Renzi, who joined Walter Investment in 2016, was first disclosed earlier this month when the Fort Washington, Pennsylvania-based lender was still in the midst of its chapter 11 bankruptcy.
Yesterday’s statement indicated that Ditech Holding Corp. Chief Operations Officer Jeffrey P. Baker has been named interim CEO.
Baker will continue in his role as president of Reverse Mortgage Solutions Inc.,
which stopped originating new loans in January 2017. He’ll relinquish, however, the COO title.
Baker began working as a consultant for Walter Investment in July 2015, and was named COO in December 2017. He
spent the majority of his 18-year career as a partner at
PricewaterhouseCoopers. He received his Bachelors of Business Administration from Texas A&M University.
“Jeff is a seasoned turnaround professional and an outstanding business leader and operator, and we are pleased to appoint him interim CEO during this exciting and important time for Ditech Holding,” Ditech Holding Chairman Thomas F. Marano said in the statement. “Jeff played an important role in leading the turnaround of the company’s reverse mortgage business and has taken on increasing responsibilities serving as chief operations officer since December 2017. We are confident in his abilities to lead Ditech Holding and ensure a smooth leadership transition as we complete our search for a permanent CEO.”
