Soloway near retirement ?
Globe/wire say Home Capital Group seeks new COO
2016-01-28 07:06 ET - In the News
The Globe and Mail reports in its Thursday, Jan. 28, edition that unnamed sources say Home Capital Group ($26.68) is searching for a new chief operating officer, shuffling management as Gerald Soloway, the 77-year-old head of the Canadian mortgage lender, nears retirement. A Bloomberg dispatch to The Globe reports that Canada's largest alternative lender has retained a recruiting firm to find a replacement for COO Brian Mosko, who has been with the company for 27 years. The move, which may be followed by other executive changes, is prompted by Mr. Soloway's pending retirement, sources say. Mr. Soloway, who steered the mortgage provider through two recessions and a probe of falsified mortgage information, is one of the oldest chief executive officers of any publicly listed company, according to available information compiled by Bloomberg. William Stinson, CEO of Westshore Terminals Investment, is 81. It is not clear when Mr. Soloway will step down, sources sayv