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PennyMac Financial ( (PFSI) ) has shared an announcement.
PennyMac Financial Services, Inc. is undergoing a leadership transition as William Chang steps down from his role as Senior Managing Director and Chief Capital Markets Officer, with industry veteran Mark Elbaum set to take over on an interim basis. Elbaum brings a wealth of experience from his previous roles, which included oversight of capital markets and pricing products. The company’s CEO expresses confidence in Elbaum’s capabilities to lead the capital markets group during this change, while also acknowledging Chang’s significant contributions to PennyMac’s success over his decade-long tenure.
Learn more about PFSI stock on TipRanks’ Stock Analysis page.