MILA names Mark Hikel as presidentMortgagePress.comMILA Inc.,Mark Hikel,President,Layne Sapp,CEO
MILA Inc. has promoted Mark Hikel to president, effective April
5. Mark joined MILA in 2000 as executive vice president and
national sales director, bringing 16 years of financial and sales
experience. Since 2000, MILA's lending volume has increased from
$234 million to a projected $5.5 billion in 2005 and the sales
staff from 36 to nearly 300.
Hikel will assume all aspects of day-to-day management of the
organization and ensure alignment with current and future business
objectives. Layne Sapp, MILA's founder, will continue as CEO,
focusing on strategic growth initiatives.
“Mark's commitment, contribution and influence tied to
MILA's rapid expansion over the past five years are known
factors,” said Sapp. Noting that it was MILA's intense growth
that necessitated this operational change in the corporate
infrastructure, Sapp added, “Having Mark Hikel at the helm of
the organization not only creates a stronger management team, but
will also ensure greater company success.” Before joining
MILA, Hikel was executive vice president at Loraca International.
His previous experience also includes serving as executive vice
president at DMR Financial Services Inc. and co-founder and
president of HomeAmerica Financial Services Inc., which was later
sold to DMR. Hikel's early financial career includes Bank One
Financial Services, CIT Group and Commercial Credit Corporation.
Hikel earned his bachelor of science degree at Northern Arizona
University majoring in finance. He is a member of the Mortgage
For more information, visit www.mila.com.