PrimeLending has announced the promotion of Steve Thompson to president and chief executive officer.
Thompson is currently the company’s president and will assume his new responsibilities as CEO on Jan. 1. He will be replacing Todd Salmans, who will continue to serve as PrimeLending’s chairman.
In a statement, PrimeLending said that Thompson is uniquely qualified to step into the CEO role, having championed the implementation of technology-based productivity tools such as the company’s Blue Sage loan origination system.
“Since joining PrimeLending, Steve has continuously demonstrated an unwavering commitment to our principles, a perceptive understanding of the industry and a compelling leadership style that brings out the very best in those around him,” said Salmans. “He is passionate about our company and our culture, and genuinely cares about the success of each and every employee.”
Thompson joined PrimeLending as regional manager for the Southwest in 2011 and was named president in 2017. Prior to joining PrimeLending, Thompson held several leadership and production positions within the mortgage and financial services industry, including key roles at several prominent national mortgage lenders.