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PennyMac Financial Services, Inc. Announces Lisa M. Shalett Has Joined Its Board of Directors

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Rhea-AI Summary

PennyMac Financial Services (NYSE: PFSI) has appointed Lisa M. Shalett to its Board of Directors, bringing over 20 years of experience from Goldman Sachs and Brookfield Asset Management. CEO David A. Spector expressed enthusiasm for her expertise in capital markets, risk management, and digital strategy, expecting her to provide valuable insights. Shalett is known for founding Extraordinary Women on Boards and holds an MBA from Harvard Business School. This strategic move may enhance the company’s governance and market position.

Positive
  • Lisa M. Shalett adds significant expertise in capital markets and risk management.
  • Her background includes leadership roles at Goldman Sachs and Brookfield Asset Management, which may strengthen the Board's strategic direction.
  • Shalett is the founder of Extraordinary Women on Boards, promoting board excellence.
Negative
  • None.

WESTLAKE VILLAGE, Calif.--()--PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Lisa M. Shalett, a Wall Street veteran and accomplished leader, has joined its Board of Directors.

We are delighted to bring Lisa’s remarkable range of expertise to our Board of Directors,” said PFSI President and CEO David A. Spector. “Her experience in capital markets, risk and control functions, digital marketing and strategic innovation will add valuable perspective to our Board. On behalf of my fellow directors, I welcome her arrival with great enthusiasm.”

Ms. Shalett is a former Goldman Sachs Partner and former Managing Partner at Brookfield Asset Management. Over her 20 years at Goldman Sachs, she held leadership roles in Equities, Global Compliance, Legal and Internal Audit, and Brand Marketing and Digital Strategy. At Brookfield, she was the firm’s first Head of Strategic Innovation. Currently, Ms. Shalett advises growth companies and is the founder of Extraordinary Women on Boards, a community of women board directors focused on board excellence. She holds a Masters of Business Administration from Harvard Business School and a B.A., summa cum laude, in East Asian Studies from Harvard University.

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Additional information about PennyMac Financial Services, Inc. is available on its investor relations website at www.ir.pennymacfinancial.com.

Contacts

Media
Janis Allen
(805) 530-5817

Investors
Isaac Garden
(818) 264-4907

FAQ

What is the significance of Lisa M. Shalett joining PennyMac Financial Services' Board?

Lisa M. Shalett's appointment is significant as she brings extensive experience in capital markets and risk management, which may enhance PennyMac's strategic direction.

When was Lisa M. Shalett appointed to the Board of PennyMac Financial Services?

Lisa M. Shalett was appointed to the Board of PennyMac Financial Services on the date of the press release.

What experience does Lisa M. Shalett have that benefits PennyMac Financial Services?

Lisa M. Shalett has over 20 years of experience at Goldman Sachs and Brookfield Asset Management, focusing on areas like capital markets and strategic innovation.

Who is the CEO of PennyMac Financial Services who commented on Shalett's appointment?

David A. Spector is the President and CEO of PennyMac Financial Services who expressed enthusiasm about Lisa M. Shalett's appointment.

PennyMac Financial Services, Inc.

NYSE:PFSI

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Mortgage Finance
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United States of America
WESTLAKE VILLAGE