National City Corporation has announced that Joe Cartellone has been named president and chief operating officer of National City Mortgage Company. Cartellone replaces Rick Smalldon, who has decided to step down from his current position to relocate to Arizona and assume a part-time role at the end of 2007. In this position, Cartellone will lead the wholesale and retail sales teams, while continuing to drive revenue and enhance the customer experience.
"I look forward to using my experience, knowledge and know-how to contribute to the ongoing success of National City Mortgage," said Cartellone.
Cartellone has more than 26 years of experience in mortgage banking and consumer lending. Most recently, Cartellone was senior vice president and national sales manager of National City Home Equity. He brings a wealth of professional experience to his new position, including expertise in sales management, marketing, operations, underwriting and credit risk management. Prior to joining National City Home Equity in 2000, Cartellone held various positions at Chase Manhattan Mortgage. He is a graduate of the University of Cincinnati and the Management Development Program at the Graduate School of Business Administration at the University of North Carolina at Chapel Hill.
"This is an exciting and well-deserved opportunity for Joe," said Paul "Buck" Bibb, chief executive officer of National City Mortgage. "The breadth and depth of his professional expertise and his extensive sales management experience will make him a wonderful asset to our team."
For more information, visit www.nationalcity.com.