Walker & Dunlop Appoints Donna Wells to Board of Directors

Rhea-AI Summary

Walker & Dunlop has appointed Donna Wells as an independent director and member of the audit committee. She brings extensive experience in marketing and financial services technology, previously serving as CEO of Mindflash Technologies and holding senior roles at companies like Intuit and Expedia. Her FinTech background is expected to enhance Walker & Dunlop's board effectiveness. The company emphasizes its commitment to diversity, with 44% of board members being women and minorities. Walker & Dunlop is recognized as a leading commercial real estate finance firm in the U.S.

Positive

• Donna Wells' extensive experience in marketing and financial services technology is expected to strengthen the board.
• The company's commitment to diversity, with 44% of board members being women and minorities, is likely to enhance decision-making and innovation.

Negative

• None.

BETHESDA, Md., March 4, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has appointed Donna Wells to its board of directors as an independent director and member of the audit committee.  

Ms. Wells is the Chief Executive Officer of Valencia Ventures, LLC, a strategic consulting and corporate governance firm which she founded. Previously, she served as President and Chief Executive Officer of Mindflash Technologies, Inc., an enterprise software company providing cloud-based training platforms to businesses. Prior to Mindflash, Ms. Wells held a number of senior marketing roles at Mint Software, Intuit, Expedia, American Express, and Charles Schwab.

Willy Walker, Chairman and Chief Executive Officer, commented, "We are thrilled to welcome Donna to Walker & Dunlop's board of directors with her deep knowledge in marketing, branding, and financial services technology.  Donna's FinTech background, combined with her innovative marketing experience, will bring valuable insight and guidance to Walker & Dunlop's board as we continue focusing on expanding our brand and developing innovative technologies."

Mr. Walker continued, "Walker & Dunlop has consistently been focused on being a leader in diversity and equity in the commercial real estate industry. We are committed to adding the best and most talented diversity to our team at all levels, including our board. We believe the significant diversity of our board members, with women and minorities representing 44% of the current board, will lead to better decision-making, better outcomes, and more innovation by W&D."

Ms. Wells sits on a number of public and private company boards including Mitek Systems, Apex Technology Acquisition Corporation, Betterment, and Happy Money. Ms. Wells received a B.S. from The Wharton School at the University of Pennsylvania and an M.B.A. from Stanford University. She is also a Lecturer in Management at the Stanford Graduate School of Business.

About Walker & Dunlop
Walker & Dunlop (NYSE: WD), headquartered in Bethesda, Maryland, is one of the largest commercial real estate finance companies in the United States. The company provides a comprehensive range of capital solutions for all commercial real estate asset classes, as well as investment sales brokerage services to owners of multifamily properties. Walker & Dunlop is included on the S&P SmallCap 600 Index and was ranked as one of FORTUNE Magazine's Fastest Growing Companies in 2014, 2017, and 2018. Walker & Dunlop's 950+ professionals in 41 offices across the nation have an unyielding commitment to client satisfaction.

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SOURCE Walker & Dunlop, Inc.

FAQ

Who is Donna Wells in relation to Walker & Dunlop?

Donna Wells has been appointed as an independent director and member of the audit committee at Walker & Dunlop.

What experience does Donna Wells bring to Walker & Dunlop?

Wells brings a wealth of experience from her roles at Mindflash Technologies, Intuit, and other companies specializing in marketing and financial technology.

How does Walker & Dunlop prioritize diversity within its board?

Walker & Dunlop highlights its commitment to diversity, with 44% of its board members being women and minorities, which is believed to foster better decision-making.

When was Donna Wells appointed to the board of Walker & Dunlop?

Donna Wells was appointed to the board of Walker & Dunlop on March 4, 2021.

What is the stock symbol for Walker & Dunlop?

Walker & Dunlop is traded under the stock symbol WD.