United States

People: Walter Investment Management Corp (WAC)

WAC on New York Consolidated

26 Jul 2016
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Dixon, Denmar 

Mr. Denmar J. Dixon is no longer President, Chief Executive Officer, Vice Chairman of the Board of the Company, effective June 30, 2016. He was Vice Chairman of the Board, Chief Investment Officer of Walter Investment Management Corp. Prior to becoming an executive officer of the Company, he also had served as a member of our Board’s Audit Committee, Nominating Committee, and as Chairman of the Compensation Committee (Mr. Dixon resigned from each of these committee positions immediately prior to his appointment as the Vice Chairman and Chief Investment Officer of the Company). Prior to serving on the Company’s Board, Mr. Dixon was elected to the Board of Managers of JWHHC. In 2008 Mr. Dixon founded Blue Flame Capital, LLC, a consulting, financial advisory and investment firm. Mr. Dixon retired in January 2008 after 23 years with Banc of America Securities and its predecessors. At the time of his retirement, Mr. Dixon was a Managing Director in the Corporate and Investment Banking group and held the position of Global Head of the Basic Industries group. He has significant experience in the General Industrial, Consumer and Business Services industries. During his career at Banc of America Securities, Mr. Dixon completed mergers and acquisitions, equity and debt capital raising and financial restructuring transactions totaling in excess of $75 billion.

Basic Compensation

Total Annual Compensation, USD 428,000
Restricted Stock Awards, USD 2,570,370
Long-Term Incentive Plans, USD --
All Other, USD 439,165
Fiscal Year Total, USD 3,437,530

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --