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Article: PHH Corporation Names Acting Chief Executive Officer and New Board Chairman.
- Article from:
- Investment Weekly News
- Article date:
- July 11, 2009
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PHH Corporation (NYSE: PHH) announced the appointment of George J. Kilroy as Acting Chief Executive Officer and President of PHH Corporation, and James O. Egan as Chairman of the Board of Directors. Both appointments were effective June 17, 2009.
Mr. Kilroy, a 33 year veteran of the Company, has served as President and Chief Executive Officer of PHH Arval, the Company's fleet management services business, since March 2001. He succeeds Terence W. Edwards, who has stepped down as President and Chief Executive Officer of the Company, effective June 17, and will serve as an Advisor to the Company for up to six months to ensure a smooth leadership transition. The ...