Movement Mortgage adds two industry vets to senior finance leadership team
By: Movement Team
June 25, 2024
Movement names Mike Wells, Retail Chief Financial Officer and John Hsu, Corporate Treasurer
[INDIAN LAND, SC] – Movement Mortgage, recently ranked the No. 5 retail lender in the country by Scotsman Guide, today announced the addition of two industry veterans to its senior finance leadership team. Mike Wells joins Movement as the company’s Retail Chief Financial Officer, while John Hsu has been named Corporate Treasurer.
With more than 25 years of experience in the mortgage industry, Wells will drive financial performance and strategic planning for Movement’s retail sales organization. Wells was recognized as a HousingWire Finance Leader in 2023 for his expertise in financial management and accountability standards. His leadership has been instrumental in maximizing financial performance across various organizations.
In addition to his finance and accounting background, Wells comes to Movement with five years of experience in production, where he originated loans and served as a producing branch manager. “Mike’s unique combination of skills allows him to understand the needs and complexities from a sales perspective, enabling effective partnerships with sales and executive leadership,” says Movement CFO Laura Bowles.
"Movement Mortgage is known for being inclusive, collaborative, and values-driven," says Wells. "I am thrilled to join a premier mortgage lender shaping the future of home financing while helping people achieve the goal of home ownership. I look forward to contributing to Movement’s continued success and growth."
Movement named Hsu as Corporate Treasurer in March, to lead Movement’s balance sheet management activities, including managing relationships with key counterparties. Prior to joining Movement, Hsu spent 7 years as Head of Treasury at Caliber and subsequently NewRez. Before that, he held various roles trading mortgage and other fixed-income assets.
Wells and Hsu join Movement’s existing senior financial leadership team, including Nancy Pezold, Darrell Sapp, Justin Wiesert, Michael Clarke, and Caroline Payne, all reporting to Bowles.
With more than 25 years of experience in the mortgage industry, Wells will drive financial performance and strategic planning for Movement’s retail sales organization. Wells was recognized as a HousingWire Finance Leader in 2023 for his expertise in financial management and accountability standards. His leadership has been instrumental in maximizing financial performance across various organizations.
In addition to his finance and accounting background, Wells comes to Movement with five years of experience in production, where he originated loans and served as a producing branch manager. “Mike’s unique combination of skills allows him to understand the needs and complexities from a sales perspective, enabling effective partnerships with sales and executive leadership,” says Movement CFO Laura Bowles.
"Movement Mortgage is known for being inclusive, collaborative, and values-driven," says Wells. "I am thrilled to join a premier mortgage lender shaping the future of home financing while helping people achieve the goal of home ownership. I look forward to contributing to Movement’s continued success and growth."
Movement named Hsu as Corporate Treasurer in March, to lead Movement’s balance sheet management activities, including managing relationships with key counterparties. Prior to joining Movement, Hsu spent 7 years as Head of Treasury at Caliber and subsequently NewRez. Before that, he held various roles trading mortgage and other fixed-income assets.
Wells and Hsu join Movement’s existing senior financial leadership team, including Nancy Pezold, Darrell Sapp, Justin Wiesert, Michael Clarke, and Caroline Payne, all reporting to Bowles.
