Mr. Cooper names Kurt Johnson CFO, Christine Paxton CRCO

Mr. Cooper Group announced two executive leadership appointments today – the appointment of Kurt Johnson to Chief Financial Officer and Christine Paxton as Executive Vice President and Chief Risk and Compliance Officer. Johnson joined the company in 2015 and most recently served as Chief Risk and Compliance Officer, responsible for credit and market risk management and leading the risk and compliance organization. With 25 years in the mortgage industry, Johnson has experience in originations, servicing, treasury, portfolio management and financial planning. In his time with Mr. Cooper, Johnson also led the multi-year Project Titan servicing transformation initiative and oversaw critical technology and process enhancements for our platform. In 2019, Johnson became the company’s Chief Credit Officer responsible for setting all Credit Risk related policy and governance before being promoted to his role as Chief Risk and Compliance Officer in early 2021. "With his decades of experience in mortgage-banking, strong relationships with government and industry stakeholders and a detailed understanding of our platform, Kurt is already a major force at the company and in the industry. In his new role, he will be instrumental in setting the company on the path to delivering strong and rising investor returns," said Jay Bray, Chairman and CEO of Mr. Cooper Group. As Johnson assumes his new role, Jaime Gow will transition from Chief Financial Officer to a strategic advisor role through October.