HomeStreet Sends Letter to Shareholders - Seite 3
Sandra A. Cavanaugh – Independent Director: Proven track record of developing, launching and turning around large, complex businesses and product portfolios to produce long-term, sustainable profitability
- Appointed to the Board in May 2018. Currently the Chair of the Enterprise Risk Management Committee and serves on the Human Resources and Corporate Governance Committee (the “HRCG Committee”)
- 30+ years serving as a senior level executive in the financial services, banking, and mutual fund industries. Previous positions include:
- Chief Executive Officer and President of U.S. Private Client Services at Russell Investments overseeing its $45 billion mutual fund business in U.S.
- Executive Vice President at SunTrust Bank in 2009
- Senior Executive at Washington Mutual / JP Morgan Chase from 2007 to 2009
- President of WM Funds Distributor and Shareholder Services from 1997 to 2007
- Various senior positions with AIM Mutual Funds, First Interstate Bank, and American Savings Bank
Mark K. Mason – Chairman, CEO & President: Successful track record creating shareholder value at HomeStreet, including executing growth and diversification strategies, raising capital, addressing portfolio and operational challenges and effectively working with shareholders
- Since being appointed Chief Executive Officer and Director in January 2010 and Chairman in March 2015, Mr. Mason has led HomeStreet through its significant evolution
- Accomplishments as HomeStreet’s CEO include:
- Led the turnaround of HomeStreet following the 2008-2009 recession, recapitalizing the bank through an initial public offering and returning it to profitability
- Successfully created and executed a growth and diversification strategy away from single-family mortgage banking while converting the institution from a thrift to a full-service commercial bank
- Established or substantially grew lines of business, including: commercial lending and cash management, small balance commercial real estate lending, residential construction lending and consumer product
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Donald R. Voss – Lead Independent Director: Provides independent leadership to HomeStreet’s directors and oversight of management with the goal of maximizing shareholder value
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