Altisource Asset Management names William C. Erbey as CEO

In a regulatory filing, the company states: “On December 21, 2023, Altisource Asset Management announced that William C. Erbey as the new Chief Executive Officer of the Company. In addition, the Board of Directors of the Company has appointed Mr. Erbey as its Chairman effective as of December 21, 2023. The Company has agreed to pay Mr. Erbey a base salary of $50,000 per year for his service as Chief Executive Officer. There are no other forms of compensation granted at this time.”