Onity Group Names Aulene Wessel Senior Vice President and Chief Accounting Officer

Core Viewpoint - Onity Group Inc. has appointed Aulene Wessel as Senior Vice President and Chief Accounting Officer, effective February 23, 2026, succeeding Francois Grunenwald [1][3]. Group 1: Leadership Changes - Aulene Wessel will oversee the controllership function, core accounting operations, internal controls, technical accounting, audits, and compliance with GAAP and other regulations [2]. - Sean O'Neil, the Chief Financial Officer, expressed confidence in Wessel's expertise in technical accounting and operational controllership, highlighting her collaborative leadership approach [3]. Group 2: Background of Aulene Wessel - Aulene Wessel previously served as Executive Vice President and Deputy Controller at Truist Bank and has held significant roles at SoFi Technologies and Silicon Valley Bank [4]. - Her career includes leadership positions at American Express and experience at Barclays in London and BDO in Cape Town [4]. - Wessel holds a Bachelor of Accounting degree from the University of Stellenbosch and a postgraduate degree in Accounting from the University of Natal, and she is a Chartered Global Management Accountant [4]. Group 3: Company Overview - Onity Group Inc. is a leading non-bank financial services company specializing in mortgage servicing and originations through its brands, PHH Mortgage and Liberty Reverse Mortgage [5]. - PHH Mortgage is one of the largest servicers in the U.S., while Liberty is a major reverse mortgage lender [5]. - The company is headquartered in West Palm Beach, Florida, and has been operational since 1988, with a presence in the U.S., U.S. Virgin Islands, India, and the Philippines [5].