Walter Investment Management Corp. announced its board of directors has appointed George M. Awad as executive chairman and interim CEO of the company, effective June 30, 2016. Denmar J. Dixon will resign as CEO and Vice Chairman and will continue to help the company in an advisory role.

Daniel G. Beltzman will step down as chairman but remain on the board of directors. George M. Awad founded and is the principal of Gibraltar Capital Corporation Most recently, Mr. Awad served as CEO, Consumer Finance for Citigroup, with prior positions as CEO, North America Cards and CEO, Global Consumer Group EMEA.