Ready Capital (RC) announced the appointment of Dominick Scali as chief credit officer of the company and co-president of ReadyCap Commercial, the company’s commercial real estate lending business. Scali has been a managing director and co-head of bridge lending with the company since 2015. Separately, Gary Taylor has stepped down as COO of the company. He will continue to serve as the CEO of ReadyCap Lending. Operational responsibilities have transitioned to other members of management, including Matt Cohen who has been promoted to head of operations and CTO. Adam Zausmer and the company have agreed to mutually separate and, in conjunction, Zausmer resigned as chief credit officer of the company. Post separation, the company expects to enter into a consulting agreement with Zausmer, subject to agreement of final terms and conditions.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RC:
