General World News

Former tech leaders return to loanDepot as Hsieh reclaims CEO role

Dominick Marchetti and Sean DeJulia, two executives instrumental in developing loanDepot’s mello technology platform, are rejoining the company under the leadership of founder Anthony Hsieh.

Their return follows loanDepot’s announcement last week that Hsieh is back in the CEO role permanently. He founded the lender in 2010 and has outlined a renewed focus on returning to profitability, regaining market share and leading the company’s adoption of artificial intelligence.

In a statement, Hsieh said the new hires mark a “return to our roots of innovation” and aim to accelerate the company’s “digital transformation in both the near and long term.”

Marchetti, who details ⇒

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