2013-02-05 23:31:23 -
Mt. Laurel, NJ - February 5, 2013 - PHH Corporation (NYSE: PHH) ("PHH" or the
"Company") announced today that Kathryn M. Ruggieri has been named Senior Vice
President and Chief Human Resources Officer. Ruggieri has served as Interim
Chief Human Resources Officer since September 2012.
Ruggieri joined PHH in 2010 as Vice President, Talent Management and
Organization Effectiveness, and was responsible for evolving talent and
performance management practices and driving employee engagement across the
Company. Ruggieri has over 30 years of human resources experience, particularly
with organizations undergoing transformation and growth. Her expertise is in the
area of talent management, organizational assessment and leadership development.
Prior roles include Vice President, Talent Management at Drexel University;
Director, Organization Development at MedQuist; and Vice President, Organization
Effectiveness and Executive Development at Unisys Corporation.
"Our employees play a critical role in the success of our customers and our
business," said Glen Messina, president and CEO of PHH Corporation. "I am
excited to have someone as experienced and knowledgeable as Kathryn, who
understands the Fleet and Mortgage businesses, as well as the culture of PHH,
leading the execution of our human resources strategy to drive business growth
and support our overall strategic direction."
Ruggieri said, "Glen and the entire executive leadership team believe in and are
committed to fostering an engaged and satisfied workforce, which we know will
deliver greater value to our customers and shareholders. I look forward to
further developing and implementing our human capital strategy to enable PHH to
achieve its business goals through high performing, engaged employees."
About PHH Corporation
Headquartered in Mount Laurel, New Jersey, PHH Corporation is a leading provider
of business process management services for the mortgage and fleet industries.
Its subsidiary, PHH Mortgage, is one of the largest originators and servicers of
residential mortgages in the United States(1), and its subsidiary, PHH Arval, is
a leading fleet management services provider in the United States and Canada.
PHH is dedicated to delivering premier customer service and providing value-
added solutions to its clients. For additional information about PHH and its
subsidiaries, please visit the Company's website at www.phh.com.
(1) Inside Mortgage Finance, Copyright 2012.
Contact Information:
Investors
Jim Ballan
jim.ballan@phh.com
856-917-4311
Media
Dico Akseraylian
dico.akseraylian@phh.com
410-771-2038
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: PHH Corporation via Thomson Reuters ONE
[HUG#1675654]
