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Mr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president

Mortgage giant Mr. Cooper Group has named Mike Weinbach, a former Wells Fargo and JPMorgan Chase executive, as its new president. He will succeed Chris Marshall, who is retiring at the end of 2024 but will assist with the transition.

Weinbach, 50, will be in charge of the company’s operations, which includes originations, servicing and technology, Mr. Cooper announced on Tuesday. The effective date is Feb. 1.  

Prior to joining Mr. Cooper, Weinbach served as an advisor for MSW Advisors and McKinsey & Company. Before that, he was CEO of consumer lending and a member of the operating committee at details ⇒

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