By Staff Report Tuesday, December 13th, 2016

PennyMac Mortgage Investment Trust in Westlake Village on Dec. 13 announced changes in the roles of several executive officers in conjunction with organizational changes announced by PennyMac Financial Services.

• Stanford L. Kurland, currently chairman and CEO, will assume the role of executive chairman.
• David A. Spector, currently executive managing director, president and chief operating officer, will become president and CEO.
• Doug Jones, currently senior managing director and chief institutional mortgage banking officer, will become senior managing director and chief mortgage banking officer.
• Anne D. McCallion, currently senior managing director and chief financial officer, will become senior managing director and chief enterprise operations officer.
• Andrew S. Chang, currently senior managing director and chief business development officer, will become senior managing director and chief financial officer.
• Daniel S. Perotti, senior managing director and chief asset and liability management officer, will become senior managing director and deputy chief financial officer.
• All other existing executive officers of the company will retain their current titles and roles, including: Steve Bailey, senior managing director and chief mortgage operations officer; Jeffrey P. Grogin, senior managing director and chief administrative and legal officer; Vandad Fartaj, senior managing director and chief capital markets officer; and David M. Walker, senior managing director and chief risk officer.

All of the changes are effective Jan. 1.