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Walter announces changes to its board of directors

Walter Investment ManagementWalter Investment Management Corp., a diversified mortgage banking firm, announced changes to its board of directors.

Anthony N. Renzi, Walter's Chief Executive Officer and President, has joined the Board, along with Neal P. Goldman, Managing Member of SAGE Capital Investments, LLC, and Michael M. Bhaskaran, Chief Supply Chain Officer of Staples, Inc.

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Mr. Goldman is an investment professional with over twenty-five years of experience working both as an investor and advisor on complex, process-intensive deals.

Mr. Goldman is currently the Managing Member of SAGE Capital Investments, LLC, a consulting firm specializing in independent board of director services, turnaround consulting, strategic planning, and special situation investments.

Mr. Goldman was a Managing Director at Och Ziff Capital Management, L.P. from 2014 to 2016 and a Founding Partner of Brigade Capital Management, LLC from 2007 to 2012, which he helped build to over $12 billion in assets under management.

Prior to this, Mr. Goldman was a Portfolio Manager at Mackay Shields, LLC and also held various positions at Salomon Brothers Inc., both as a mergers and acquisitions banker and as an investor in the high yield trading group.

Throughout his career, he has held numerous board representations including roles as an independent member of the boards of directors of Lightsquared, Inc., Pimco Income Strategy Fund I & II, and Catalyst Paper Corporation as well as a member of the boards of directors of Jacuzzi Brands and NII Holdings, Inc.

Since October 2016, Mr. Goldman has served on the board of directors of Midstates Petroleum Company, Inc., an independent exploration and production company.

Mr. Goldman received a B.A. from the University of Michigan and a M.B.A from the University of Illinois.

Mr. Bhaskaran has served as the Chief Supply Chain Officer for Staples, Inc. since 2015. From 2013 to 2015, Mr. Bhaskaran served as Chief Operating Officer and Chief Information Officer of Beyondtherack.com, where he was responsible for global logistics, transportation, fulfillment and technology.

Prior thereto, Mr. Bhaskaran served as Vice President, Global Logistics of Starbucks Corporation from 2012 to 2013 and Director of Global Transportation Operations & Technology of Amazon.com, Inc. from 2007 to 2012.

Mr. Bhaskaran received a B.S. from Nagarjuna University in India, M.S. in Industrial Technology & Engineering from Utah State University and M.B.A. from Purdue University.

Separately, Mark J. O'Brien, James L. Pappas and Shannon E. Smith have resigned from the Board as of January 19, 2017.




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