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Mr. Cooper Group Inc. made two additions to the executive leadership team naming Shawn Stone as executive vice president and chief revenue officer and Jay Jones as executive vice president.
Stone will focus on the company’s accelerated growth strategy, exploring new delivery channels and finding more ways to leverage Mr. Cooper’s technologies to deliver better customer experiences. In his role, Stone will also lead the Mr. Cooper Originations business.
Stone joins Mr. Cooper from Renovate America where he served as the company’s CEO and a member of its Board of Directors. Previously, Stone was CEO and executive founder of Global Mortgage Capital where he started a nationwide independent mortgage banking business that included multiple mortgage origination, servicing and financing companies. Prior to that, Stone was an executive leader at Mr. Cooper, where he worked for 18 years serving in leadership roles in originations, servicing, capital markets, finance and as founder and President of Xome.
Jones joined Mr. Cooper in July 2019, most recently serving as senior vice president of Servicing. He has more than 25 years of experience in the mortgage industry and has held various key leadership roles, strategically guiding mortgage servicers through the ever-changing industry landscape. Before joining Mr. Cooper, Jones served as executive vice president and chief strategy officer for Celink and as executive vice president at CIT Bank, where he led the Residential Servicing Operations Division.
As members of the executive leadership team, Stone and Jones both report to Chris Marshall, vice chairman, president and chief financial officer of Mr. Cooper Group.
“Mr. Cooper remains focused on transforming the mortgage experience, and Shawn and Jay have the operational strength and challenger mindset to rally our team behind this mission,” said Marshall.