Waterstone Mortgage Corporation has named A.W. Pickel III, Past President of NAMB, as company President. As Pickel steps into this position, Eric Egenhoefer, former Waterstone Mortgage President and CEO, will continue to serve as CEO.
“The addition of A.W. to our executive leadership team is a huge step for Waterstone Mortgage. We reached a level of growth where it was clear that the addition of a President would help us continue to exceed our goals,” said Egenhoefer. “We’re thrilled to have A.W. join the team, as he brings a wealth of industry and leadership expertise that will be extremely beneficial to Waterstone Mortgage. He is also an ideal fit for our company culture, and we are excited to begin working with him.”
Pickel previously served as President of AmCap Mortgage’s Midwest Division. In 1992, he founded LeaderOne Financial Corporation as a local mortgage brokerage, growing the company into a full-service mortgage bank before selling it in 2016. He has extensive experience recruiting, training, and managing origination teams around the nation.
In addition, Pickel is a widely renowned speaker and writer, specializing in housing and finance topics. He has been quoted in a variety of renowned publications, such as the Associated Press, the Wall Street Journal, the New York Times, USA Today, U.S. News & World Report, and the Washington Post. Pickel has more than 30 years of experience in the mortgage lending and real estate finance industries.
In his new position with Waterstone Mortgage, Pickel will specialize in the management of day-to-day operations and administrative duties. He will also play a pivotal role in the overall growth and direction of the organization, as he works alongside Egenhoefer and the executive management team.
“It is truly exciting to be part of a company that has created a sustainable and forward-thinking culture, and that is made up of a group of caring and supportive employees,” said Pickel. “I am fortunate to come alongside them and to contribute to the future of Waterstone Mortgage–an innovative company that is focused on the success and satisfaction of both the employees and the customers.”
