Compensation Committee

It is the duty of the Compensation Committee to review and recommend to the board of directors the compensation of our executive officers. Our board of directors has determined that each member of our Compensation Committee is “independent” as that term is defined in the rules of the NYSE.

  • Thomas G. Apel, Chairman

    Thomas G. Apel, Chairman of the Board, is Chief Executive Officer of VLN, Inc., a non-conforming mortgage lending operation in Edmond, Oklahoma. He is also a research affiliate with the Massachusetts Institute of Technology, currently focused on business model taxonomy and IT portfolio strategies.

    Associated Committees

    • Chair, Compensation Committee

    Full Bio

  • Karen Pallotta

    Karen Pallotta is president of KRP Advisory Services, LLC, a company she founded in 2012. Prior to that, she spent more than two decades at Fannie Mae, where she served as VP of Marketing and Lender Strategies, Senior VP of Product Acquisition Strategy & Support, and Executive VP, Single Family Mortgage Business.

    Associated Committees

    • Compensation Committee

    Full Bio

  • Deborah J. Matz

    Deborah Matz is a member of the board of advisors of elphi, a start-up company that uses cutting edge technology to streamline the mortgage lending process. She also serves as an advisory board member for OpenDoor Trading LLC, a company that provides a platform for the resale of U.S. Treasury bonds.

    Associated Committees

    • Audit Committee
    • Compensation Committee

    Full Bio

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