American Pacific Mortgage (APM) has announced that Bill Lowman has been promoted to chief executive officer of the company. Lowman, who previously served as the company’s president and has been with APM since 2002, has more than 30 years of experience in the mortgage industry.
“I am honored to take on this exciting new role at APM because I am proud of our successful history, culture and the resources we provide,” Lowman said. “Our commitment to the success of our employees and our loan originators is our calling card, and I plan to continue to enhance the great foundation APM already has built.”
Lowman began his career with APM in 2002 and served as president since 2004. As president, he was responsible for the overall financial performance of the company and oversaw the senior management team of APM. Internally for APM, Lowman sits on the board of APMCares–a charitable entity that provides financial assistance to APM families in times of need as well as to community outreach programs focused on delivering housing opportunities and homeownership in America.
With the installment of Lowman as CEO, Kurt Reisig, founder of APM, moves to the position of chairman of the board.
“Leading APM for more than two decades has been the most rewarding aspect of my professional career. It has been wonderful to watch the company become an industry leader in production,” Reisig said. “I couldn’t ask for a better successor than Bill Lowman. I know he will continue the upward trajectory that APM has experienced.”
In his new role, Reisig will focus on APM’s vision, strategy, culture, production growth and innovation.
