Mortgage players are using succession planning as an opportunity to beef up their expertise on fintech and better appeal to a younger demographic
Mortgage players are using succession planning as an opportunity to beef up their expertise on fintech and better appeal to a younger demographic.
The hiring of one 30-year industry veteran is an important move for one financial technology company, with the recent announcement that Darren Thompson has joined B2R Finance as chief financial officer and executive vice president of strategy.
“Darren is a veteran executive who brings industry insight and valuable experience managing rapidly scaling fintech businesses,” said B2R Finance CEO Jason Hogg in announcing the appointment. “Darren’s broad expertise ranges from capital efficiency and financial management to business innovation and strategic partnerships across a variety of industry verticals. In our previous work together, Darren proved to be a dynamic leader and his addition to the B2R team ensures we are well positioned to continue to diversify our business.”
In this role, Thompson is responsible for oversight of the finance, accounting and control, risk, regulatory and corporate strategy functional areas, and will be based in B2R’s New York office.
Founded in July 2013 by Executive Chairman Nick Gould – with funds managed by Blackstone Tactical Opportunities – B2R operates in partnership with the nation's leading commercial and residential real estate professionals.
Thompson’s more than 30 years of experience in the real estate and mortgage industries includes several executive leadership roles at prominent companies including Fannie Mae, American Express, Morgan Stanley and Goldman Sachs. Most recently, Thompson was a founding partner of Railfield Partners, a real estate and financial services advisory and asset management boutique.
Previously, Thompson was the chief financial officer at Revolution Money, now American Express Serve, and joined American Express as a special advisor following the acquisition of the company by American Express.
At Fannie Mae, Thompson held the position of senior vice president and head of credit finance, where he was responsible for pricing and risk analytics for the company’s single-family and multifamily portfolio and guarantee businesses. Thompson also held senior positions with Avenue Capital, where he served as a senior portfolio manager, and with Morgan Stanley and Goldman Sachs, where he rose to the rank of managing director.
Thompson earned his M.B.A. from Harvard Business School and his B.A. from Harvard College.
