Walker & Dunlop Board of Directors Welcomes McKinsey Partner Gary Pinkus

Rhea-AI Summary

Walker & Dunlop announced the election of Gary Pinkus to its board of directors. Pinkus will serve as an independent director and a member of the Audit and Risk Committee. With a robust background as the former managing partner of McKinsey & Company's North American operations and global leader of its Private Equity & Principal Investors Practice, Pinkus brings significant expertise to the table. Chairman and CEO Willy Walker expressed enthusiasm about Pinkus's addition, highlighting his potential to guide the company's future growth and strategic direction. Pinkus, who has a long-standing professional relationship with Walker, also voiced his excitement to contribute to Walker & Dunlop's continued success.

Positive

• Gary Pinkus's election to the board adds valuable expertise from his extensive experience at McKinsey & Company.
• Pinkus's role as an independent director strengthens governance, potentially improving investor confidence.

Negative

• None.

BETHESDA, Md.--(BUSINESS WIRE)-- Walker & Dunlop, Inc. announced today that Gary Pinkus has been elected to its board of directors as an independent director and member of the Audit and Risk Committee.

“I am thrilled to welcome Gary to our exceptional board of directors," commented Walker & Dunlop's Chairman and CEO Willy Walker. “As former managing partner of McKinsey & Company’s North American operations, and global leader of McKinsey’s Private Equity & Principal Investors Practice, Gary brings vast business knowledge and experience to the W&D board. Gary's insights and leadership will help guide Walker & Dunlop forward, and we are extremely excited to have him join us.”

Pinkus has spent his entire professional career at McKinsey and has served on McKinsey’s Shareholders Council (McKinsey’s Board of Directors) since 2009. He has chaired McKinsey’s Senior Partners Committee and been Chairman of North America since 2019. He currently serves on the Board of Trustees of Wake Forest University and as Chair of the U.S. Ski and Snowboard Finance Committee.

“I have known Willy for many years and admire Walker & Dunlop's incredible track record of success," commented Pinkus. "I look forward to working with the board of directors and senior management on the company's growth and strategic direction going forward."

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States. Our ideas and capital create communities where people live, work, shop, and play. The diversity of our people, breadth of our brand and technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240618409503/en/

Investors:

Kelsey Duffey

Investor Relations

Phone 301.202.3207

investorrelations@walkeranddunlop.com

Media:

Nina H. von Waldegg

VP, Public Relations

Phone 301.564.3291

info@walkeranddunlop.com

Source: Walker & Dunlop, Inc.

FAQ

Who is the new board member at Walker & Dunlop?

Gary Pinkus has been elected to Walker & Dunlop's board of directors.

What is Gary Pinkus's background?

Gary Pinkus is a former managing partner of McKinsey & Company's North American operations and global leader of its Private Equity & Principal Investors Practice.

When did Walker & Dunlop announce the election of Gary Pinkus?

Walker & Dunlop announced the election of Gary Pinkus on October 11, 2023.

What committees will Gary Pinkus serve on at Walker & Dunlop?

Gary Pinkus will serve on the Audit and Risk Committee at Walker & Dunlop.

What impact could Gary Pinkus's election have on Walker & Dunlop?

Gary Pinkus's extensive expertise from McKinsey & Company could enhance Walker & Dunlop's strategic direction and growth.