Mr. Cooper (COOP) Group announced that Mike Rawls, CEO of Xome, plans to retire effective June 30, 2025, and Chris Marshall, former Vice Chairman and President at Mr. Cooper, will join Xome to lead its operations. Rawls and Marshall will work together over the coming months to ensure a smooth transition. “Since taking on the role of CEO in 2020, Mike has skillfully led Xome to become the powerhouse real estate marketplace it is today, with tremendous opportunity for growth as we move into 2025,” said Jay Bray, Chairman and CEO of Mr. Cooper Group. In addition to his new role with Xome, Marshall will continue in his role as Chairman for Sagent.
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