secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001104659-23-030616
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennyMac announces CIO Vandad Fartaj departure; William Chang named Chief Capital Markets Officer
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- Vandad Fartaj ceased as Senior Managing Director and Chief Investment Officer of both PFSI and PMT on March 3, 2023.
- William Chang appointed Senior Managing Director, Chief Capital Markets Officer (PFSI) and Chief Investment Officer (PMT).
- Chang joined Pennymac over 10 years ago, most recently as Deputy CIO; prior Credit Suisse M&A for over a decade.
- Fartaj had been with Pennymac for nearly 15 years, helping pioneer lender credit risk transfer and MSR securitizations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465923030616/0001104659-23-030616-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465923030616/tm239004d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-030616

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