Just months after loanDepot co-founder Alex Madonna was named to a new role to focus on emerging technology, artificial intelligence and modern sales structures, it was announced that he’s departing the company.

Madonna, who was most recently loanDepot’s executive vice president of direct lending and spent 16 years at the company, confirmed the news in a LinkedIn post on Friday afternoon.

“After 16 remarkable years under Anthony Hsieh‘s mentorship and leadership, as many of you know, we mutually agreed it was time for me to move on from the organization,” Madonna wrote.

In the same post, Madonna announced that details ⇒

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