loanDepot appoints two independent directors to its Board

loanDepot, Inc.

Michael Linton and Pamela Hughes Patenaude appointed as Class I and Class II independent directors, effective July 28, 2021.
Linton to serve on Compensation Committee; Patenaude on Audit Committee.
Each director receives annual retainer of $250,000, paid 50% cash and 50% equity.
Linton brings consumer marketing expertise (former eBay, Best Buy CMO); Patenaude is former HUD Deputy Secretary with housing policy background.
Appointments intended to strengthen loanDepot's strategic growth and governance.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Pamela Hughes Patenaude

Class II director

LDI · loanDepot, Inc.

Effective: 2021-07-28
Filed: July 30, 2021, 7:59 PM ET

On July 28, 2021, the Board of Directors (“ Board ”) of loanDepot, Inc. (“ loanDepot ” or the “ Company ”) appointed Michael Linton, age 64, and Pamela Hughes Patenaude, age 60, as a Class I and a Class II member of the Company’s Board, respectively, with immediate effect.

Appointed

Michael Linton

Class I director

LDI · loanDepot, Inc.

Effective: 2021-07-28
Filed: July 30, 2021, 7:59 PM ET

On July 28, 2021, the Board of Directors (“ Board ”) of loanDepot, Inc. (“ loanDepot ” or the “ Company ”) appointed Michael Linton, age 64, and Pamela Hughes Patenaude, age 60, as a Class I and a Class II member of the Company’s Board, respectively, with immediate effect.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Pamela Hughes Patenaude was appointed as Class II director at loanDepot, Inc..

Action: appointed
Role: Class II director

Exact text from the filing

On July 28, 2021, the Board of Directors (“ Board ”) of loanDepot, Inc. (“ loanDepot ” or the “ Company ”) appointed Michael Linton, age 64, and Pamela Hughes Patenaude, age 60, as a Class I and a Class II member of the Company’s Board, respectively, with immediate effect.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Linton was appointed as Class I director at loanDepot, Inc..

Action: appointed
Role: Class I director

Exact text from the filing

On July 28, 2021, the Board of Directors (“ Board ”) of loanDepot, Inc. (“ loanDepot ” or the “ Company ”) appointed Michael Linton, age 64, and Pamela Hughes Patenaude, age 60, as a Class I and a Class II member of the Company’s Board, respectively, with immediate effect.

View on SEC.gov

loanDepot, Inc. filing history →

Source: SEC EDGAR

accession 0001831631-21-000067

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