Daniel G. Beltzman, co-founder of Birch Run Capital Advisors LP, has been appointed chairman of the board of directors at Walter Investment Management Corp., a mortgage banking firm focused on the servicing and origination of residential loans.
According to the company, Beltzman joined the board in December 2015. The current chairman, Mark J. O’Brien, will continue to serve on the board as a director.
“Daniel, in his short tenure, has already had a positive influence on our current strategic initiatives and direction,” says Denmar J. Dixon, vice chairman, CEO and president of Walter Investment. “We believe, as chairman, his leadership will be critical to our achieving our goal of becoming the partner of choice for homeowners, regulators and other stakeholders.”
The company also announced that David C. Schneider, executive vice president of Walter Investment and president of Ditech Financial LLC, has been appointed chief operating officer of Walter Investment, effective immediately.
“David has been a key contributor to the organization since joining in 2013,” says Dixon. “His deep background in the mortgage sector, intricate knowledge of operations and his leadership experience make him the right person to lead our operations as we execute on our strategic transformation.”