---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-007881"
form_type: "8-K"
ticker: "ONIT"
cik: "0000873860"
company_name: "ONITY GROUP INC."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:59:31.143996+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Onity appoints Aulene Wessel as CAO, replacing departing Francois Grunenwald

## Summary
- Aulene Wessel named SVP and CAO effective Feb 23, 2026, reporting to CFO Sean O'Neil.
- Wessel previously EVP and Deputy Controller at Truist Bank; also held roles at SoFi, Silicon Valley Bank, and American Express.
- Compensation: $435k base salary, $235k target cash incentive, $455k sign-on bonus plus $70k at six months, and equity grants.
- Francois Grunenwald departing after six years; no disagreement with accounting practices; will assist transition.
- Wessel holds accounting degrees from South African universities and is a Chartered Global Management Accountant.

## SEC filing metadata
- accession: 0001493152-26-007881
- form_type: 8-K
- ticker: ONIT
- cik: 0000873860
- company_name: ONITY GROUP INC.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/873860/000149315226007881/0001493152-26-007881-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/873860/000149315226007881/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-007881
- JSON: https://secwatch.observer/filing/0001493152-26-007881.json
- Plain text: https://secwatch.observer/filing/0001493152-26-007881.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.