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Mortgage Contracting Services a national provider of residential and commercial property services, announced the upcoming retirement of longtime CEO Caroline Reaves (photoed right).
Reaves is set to become chairwoman of the MCS Board, while chief relationship officer Chad Mosley (photoed left) has been promoted to president of MCS.
Mosley has been with the company 13 years. As chief relationship officer, he has overseen all of MCS' customer-facing functions, including management of MCS' client teams, as well as the company's Business Development and Marketing functions. Previously, he served as chief operating officer and senior vice president of Business Development.
"Chad and I have been working together on a transition plan for quite some time," Reaves said. "Our primary focus has been on creating a smooth transition that ensures MCS will continue to deliver exceptional service to our clients. Effective June 1, 2021, Chad will assume day-to-day responsibility for the company and on July 1, 2021, I will officially retire and move up into the role of chairwoman of the Board."
"We are also beginning an internal and external search for a CEO who will lead MCS into the future by allowing us to focus on our core field services market while also quickly growing our adjacent markets," said Reaves. "This new structure will allow a specialized team to focus on more targeted development in this area, while ensuring that the field services business that has defined MCS for so many years remains successful."
In her new role, Reaves will allow her to step away from her current day-to-day duties, while maintaining the continuity of the leadership team that MCS has had in place for over a decade.