EVP and chief operating officer Chris Whyte, and EVP, Residential Lending Pino Decina, have left the non-bank lender. It’s not intended that the COO role will be filled.
Meanwhile, Ed Karthaus has joined as EVP, Residential Lending Sales with 33 years of experience of the finance, telecoms and tech sectors. He was previously EVP, Broker Services at D+H and EVP, Sales, Marketing & Client Services at Filogix LP.
“Ed Karthaus has more than 33 years of experience in the technology, financial services and telecommunications industries, and we are excited that he has decided to join Home Capital’s leadership team to help drive our growth as one of Canada’s leading alternative mortgage providers.” said Yousry Bissada, President and Chief Executive Officer of Home Capital.
The lender has also begun a search for a chief information officer to help with its focus on improving technology.
More market update:
Two executives have left Home Capital while one has joined as part of the ongoing revitalization of the company.