the Director, 10% Owner of PennyMac Financial Services Inc and owns about 7,687,813 shares of PennyMac Financial Services Inc (PFSI) stock worth over $468 Million. This Form 4 incorporates by reference beneficial ownership information for the Form 4 previously filed by Stanford L. Kurland on January 22, 2021. Get the latest business insights from Dun & Bradstreet. Stanford has made over 52 trades of the Pennymac Mortgage Investment Trust stock since 2013, according to the Form 4 filled with the SEC. our Subscriber Agreement and by copyright law. Stanford L Kurland currently owns a total of 2 He is the founder and President of Management Systems Consulting Corporation, 10940 Wilshire Boulevard, Suite 600, Los Angeles California, 90024. The Wall Street Journal wrote about Kurlands career focusing on his conflicts with Countrywide Financial founder, Angelo Mozilo. Cijntje already throws harder than Venditte did. It is unclear whether the two cases are connected. US based Meghan and Harry.. FameChain has their amazing trees. Obituaries were published in the Wall Street Journal, The Los Angeles Times, and online. Stan Kurland died from complications related to COVID-19. The above mentioned individual has died , according to the following statements posted on social media. sale One of his early assignments was at a mortgage bank called Countrywide Credit Industries and its operating subsidiary Countrywide Acceptance Company. January 26, 2023 (87 years old) Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. region. He was 68. Only the transactions in Open Market or Private Sale at the market prices are included. He told me that when he started Countrywide, Latinos were his most loyal customers, and he will never forget it. Stanford L Kurland, Age 70. aka Stan Kurland. Kurland went on to found PennyMac Loan Services which today has a market cap of about $5 Billion. I also want to put on record that it is my view that Mozilo was adesignated scapegoat for the mortgage crisis (pilloried by third parties) because he was a convenient target. Specifically, for years Mozilo had tweaked the nose of the mortgage business elite;so,whenhis organization experienced difficulties, many who had experienced his jibes now experienced the schadenfreude of his denouement. Chief Servicing Officer Steven Richard Bailey of 188,485 shares made by David Spector The entire PennyMac community mourns the loss of Mr. Kurland, an esteemed industry leader, visionary and friend. Last updated: 22 January 2021 at 7:06pm EST. Henry Dubroff Stanford L Kurland is the director & Chairman and CEO of PennyMac Mortgage Investment Trust. Kurland was never interested in anything we did at NAHREP. Today it seems like everyone has a podcast, and frankly, 99% of them arent very good. I am deeply saddened to share the news of Stans passing, PMT President and CEO David Spector said. Email Address: s USMU @yahoo.com +4 emails. According to the SEC Form 4 filings, Stanford L Kurland has made a total of Stans skills were quickly observed by Countrywides founders and he joined the organization in 1979. The company and industry leaders alike mourned his passing, calling him an esteemed industry leader, visionary and friend.. Stan was one of the leaders who stood up to Angelo and others at Countrywide in the latter years when he thought they were taking on too much risk. Proud grandfather of Benny, Jackie, Jennifer, Elizabeth, Zach, Victoria and Maxwell. Instead, in 2008, Kurland founded Private National Mortgage Acceptance Co., with the backing of BlackRock Mortgage Ventures and HC Partners, formerly Highfields Capital Management. Chief Mortgage Fulfillment Ofr James Follette Such leaders provide an essential but generally misunderstood and not fully appreciated contribution to the enterprises that employ them. For most people, success is about perseverance and overcoming obstacles. He was 68. second foray made him even richer, but it also cemented his reputation as one Stanford L. Kurland began his professional career in public accounting in 1975 at Grant Thornton, formerly known as Alexander Grant. [4] He was a quiet leader, very strong and impressive in his own way. In my experience, there are virtually no organizational leaders who can perform all five key tasks or have all five skill sets required to perform them in any firm of significant size. Size where this phenomenon kicks in varies,but it ishighly unlikely that a single leader can perform all five key tasks at any size in excess of $100 million in revenues, and it can easily be as little as $10 million in revenues. View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. [5], Both were architects of the strategy for countrywide, but Kurland was responsible for installing the strategic planning methodology and process that I had introduced to the firm. May 25, 2022 0 Comments. I listened to him address the senior leaders in the firm, and you could literally hear a pin drop. a net also I teach my kids that they can do anything if they put their minds to it and do the work. Children's Hospital at Stanford Stanford University Medical Ctr. Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19. He and Mozilo worked well together. In Jay Farner's last earnings call as CEO, management emphasized long-term client development efforts like the forthcoming credit card program. Benjamin Kurland{ "@context": "http://schema.org", "@type": "Person", "name": "Benjamin Kurland", "gender": "Male" }, Tracey Engelson{ "@context": "http://schema.org", "@type": "Person", "name": "Tracey Engelson", "gender": "Female" }. Stanford Kurland (known to friends and colleagues as "Stan") passed away in December, 2020 of Covid-19. Enjoy a 7-Day Free Trial Thru Mar 08, 2023! When expanded it provides a list of search options that will switch the search inputs to match the current selection. High School Sports in Orange County California. Inspired by Gertrude Stein, a leader is not a leader is not a leader. Other key executives at PennyMac Financial Services Inc include Mozilo gave me his private cell phone number after the event, and over the years he responded to every email and never turned down a proposal from me. Friends and families MEGHAN Markle may be enjoying marital bliss at the moment - but her ex-husband isn't CALABASAS, Calif. Fairly or not . Chief Mort Fulfillment Off. Mr. Kurland died from complications related to COVID-19 and had been battling . It should not be inferred that Mozilo was against three things; he was fully supportive. 5. extremely low key. It didnt take long for Stan to help Countrywide change the non-bank mortgage banking industry, and over an almost 30-year career at Countrywide, he served as Chief Operating Officer, Chief Financial Officer, President, and director of the public company. He was 68. the Chairman and CEO of PennyMac Mortgage Investment Trust and owns about 588,990 shares of PennyMac Mortgage Investment Trust (PMT) stock worth over $8 Million. According to the SEC Form 4 filings, Stanford L Kurland has made a total of . (Podcast). and I was impressed by that. Stanford Kurland Death -Dead - Obituary - Cause of Death : Stanford Kurland, the company's founder and former CEO has Died . of 56 shares. In addition, in just a few years after his departure some of the key organizational initiatives he championed were either neglected or were (unfortunately, there seems no better word to describe it) bastardized, not by Mozilo but by others with lesser capability than either Mozilo or Kurland. View contact information: phones, addresses, emails and networks. Stanford, California a/o 11/30/09 . [4] Joseph L. Badaracco, jr, Leading Quietly, Harvard Business School Press, 2002. PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. Loving father of Dr. Susan Kurland (Dr. David) Rapkin and Kenneth (Amanda) Kurland. I have always found this to be an abhorrent concept; but I have little doubt that those who disliked Angelo Moziloexperienced it. . Stanford L Kurland Obituary, JavaScript is disabled. Her Other Children Stanford Kurland Bio Details Jan 25, 2021. PennyMac Mortgage Investment Trust filed to go public in 2009; then in 2013, PennyMac Financial Services, which is a third-party mortgage originator, did its own initial public offering. Kurland made a fortune from his first foray into mortgage banking, and his The company's operations include activities such as production and servicing of financial securities based on residential loans and pooling and reselling of high-credit-quality mortgages. Mr. Kurland also has been the executive chairman of PennyMac Financial Services, Inc., or PFSI, since January 2017 and, prior thereto, had been chairman of the board and chief executive officer from February 2013 through December 2016. In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. Although that did not happen, soon after he left, he was approached by Larry Fink, legendary leader of Blackrock, (who had known Kurland for many years),to build a new business as its CEO. Even though Stanford Kurland helped build Countrywide, he was never tainted by its eventual failure, and Mozilo became the image and scapegoat for the entire mortgage meltdown. Distribution and use of this material are governed by Reports suggest Prince Charles will live "in a flat above the shop" when he becomes king. PennyMac [3] schadenfreude is a German word referring to the so-called secret delight in the misfortune of others. He spent 27 years at Countrywide Financial Corp. in various executive positions including chief financial officer, president and chief operating officer until his departure from Countrywide in 2006. residential mortgage lenders and servicers in the nation, according to a He was in fact comfortable with that. Henry Warren Heaton. Complications from COVID-19 whilst battling brain cancer. There are 1 older and 20 younger executives at Pennymac Mortgage Investment Trust. The Stanford L & Sheila Kurland Family Foundation is a private foundation located in Albany, NY that primarily funds general operating--charitable purposes under internal revenue code section 501 (c) (3). Their roles and interrelationship is examined below. On January 23, 2021, Stanford L. Kurland, founder and Chairman of PennyMac Financial Services, Inc. passed away. He died way too young he was almost ego-less humble yet brilliant," former Mortgage Bankers Association CEO Dave Stevens posted on Twitter. The industry lost a singular talent.. Kurland, PennyMacs non-executive chairman, died from complications related to Covid-19 as he was battling brain cancer, the firm said Monday in a statement. Timothy Cloughesy, M.D., Director of the UCLA Neuro-Oncology Program and Professor of Clinical Neurology, and David Nathanson, Ph.D., Associate Professor in the UCLA Ahmanson Translational Imaging Division in the Department of Molecular and Medical Pharmacology, continue their efforts to discover innovative drug candidates that will improve the delivery of therapies to malignant glioblastomas (GBMs). Under his leadership, PFSI became one of the largest residential mortgage lenders and servicers in the U.S. and now employs more than 6,000 people across the country. Stanford L. Kurland began his professional career in public accounting in 1975 at Grant Thornton, formerly known as Alexander Grant. See Stan Kurland's compensation, career history, education, & memberships. $100 $250 $500 $1,000 $2,500 $5,000 $7,500 $10,000 While Kurland had been battling brain cancer, the cause of death was attributed to complications from COVID-19, separate press releases from PennyMac Financial Services and PennyMac Mortgage Investment Trust said. By that I mean that while Mozilo was widely known and regarded to be the face and leader of Countrywide,Kurland was generally below the radar of outsiders. Creep of the Week: PennyMac's Stanford L. Kurland Ever since President Obama announced his plan to forestall foreclosures, many of those lucky enough to have burned their mortgages have. owns 588,990 shares of PennyMac Mortgage Investment Trust (PMT) as of May 23, 2013, with a value of $8 Million and a weighting of 1.61%. He founded the company in 2008 and was its former chief executive officer and executive chairman. articles a month for anyone to read, even non-subscribers! The most-recent trade in PennyMac Financial Services Inc is the However,Kurland was the designated leader of these organizational development initiatives. years at Countrywide Financial, serving as CFO, president and chief operating Stanford Kurland personified the prototype leader who works alongside a charismatic visionary leader like Angelo Mozilo to build a sustainably successful organization. Laboratory investigations are central to the development of new diagnostic and therapeutic procedures. , investment company, is worth an additional $1.8 billion. Mr. Kurland owns over 31,000 units of Pennymac Mortgage Investment Trust stock worth over $105,304,661 and over the last 13 years he sold PMT stock worth over $52,390,589. [5] Kurland, S. and Flamholtz, E. The Transformation from Entrepreneurship to professional Management at Countrywide Financial Corporation, International Journal of Entrepreneurial Education, Vol 3, Issue 1 (2005), 81-98. Cherished great grandfather of Jace. purchase Born October 15th, 1932, to Raymond Luke and Hazel Agatha (Deneka) O'Brien in the Mar Vista neighborhood of Los Angeles. His departure in 2006 came before the company was sold to Bank of America at the onset of the global financial crisis. Copyright FameChain 2023, All rights reserved. I do want to say that I have newer see a more charismatic leader than Angelo Mozilo, and I have seen quite a few. PennyMac and its employees are among a wide group of housing and mortgage professionals who are mourning Kurlands death. Granted PennyMac was largely a B2B correspondent lender at the time, yet I worked with several similar companies over the years. Successful entrepreneur, investor and founder of todays leading Hispanic business organization, Closing the minority wealth gap requires CAPITAL, everything else is just noise. The performance of stocks bought by Stanford L Kurland within 3 months outperforms 0 times out of 8 transactions in total compared to the return of S&P 500 within the same period. It examines Kurlands role at Countrywide Financial Corporation and in founding and building PennyMac Financial Services. and The entire PennyMac community mourns the loss of Mr. Kurland, an esteemed industry leader,. As of 20 January 2021 he still owns at least 7,564,990 units of Pennymac Mortgage Investment Trust stock. of 35,890 shares made by Marianne Sullivan Stan Kurland personified the prototype leader described in Joseph L. Badaracco, jr,s book, Leading Quietly. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, 50% off + free delivery on any order with DoorDash promo code, Wayfair promo code: 10% off any single purchase, 60% off running shoes and apparel at Nike without a promo code, Extra $5 off your order with GameStop promo code. PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. The Westlake Village, California-based company said Kurland . Originations Editor, National Mortgage News. I also teach them that life isnt always fair, but you cant let that deter you. Sign-up or become a sponsor of the 2nd annual Stanford L. Kurland Memorial Golf Classic on June 23-24, 2023 at the Sherwood Country Club. The largest trade he's ever made was exercising 205,881 units of Pennymac Mortgage Investment Trust stock on 2 April 2018 worth over $2,709,394. of 2,230 shares made by Stacey D. Stewart The collapse of the Accordingly, it is a testament to what Kurlands presence meant to the firm. The obituaries that I have seen lauded Kurland,but tended to focus most on the surface accomplishments at Countrywide Mortgage (Countrywide)and PennyMac as well as his departure from Countrywide after a conflict with Angelo Mozilo, one of that firms founders. to Angelo Mozilo, the flamboyant, outspoken Countrywide CEO, Kurland was This newsletter issue focuses upon the development of Sustainably Successful Organizations. This issue examines the leadership of Stanford Kurland, who passed away in January 2021 of Covid-19. Stanford Kurland is 67, he's been the Non-Executive Chairman of the Trustee of Pennymac Mortgage Investment Trust since 2020. You can see the complete history of Mr. Kurland stock trades at the bottom of the page. leaves an indelible mark not only on PennyMac, but on the mortgage industry he Check social media profiles, places of employment, resumes and CV, public records, business records, publications, arrest records, photos and videos and related names . a net The Leadership Moleculeis thusa core leadership team (in the true sociological sense) with defined but overlapping and complementary roles. Mortgage slowdown leads to income decline at PennyMac, PennyMac Financial reports profit while investment trust records loss in Q3. I do not want delve into the final disagreement that led to the denouement of their relationship except to note that it was a tragic loss not only for both men but for Countrywide (and perhaps even the mortgage industry) as a whole. The estimated Net Worth of Stanford L Kurland is at least $173 million dollars as of 20 January 2021. He was an obvious asset and sine qua non of Countrywide. PennyMac, Inc. issued Class A common stock to the new public 5 Id. Please join us in this noble endeavor by giving directly to the UCLA Neuro-Oncology Program at http://giving.ucla.edu/StanfordKurland or by becoming a sponsor of the very first Stanford L Kurland Golf Classic benefiting the UCLA Neuro-Oncology Program. Kurland was nonexecutive chairman at the time of his death. Past Addresses: Las Vegas NV, Northridge CA +4 more. Not even Mozilo could fulfill the functions performed by Kurland, simply because (as above) no single leader can perform all of the five core functions of leadership of a firm of significant size, and Countrywide was by then very large. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc. Pennymac Mortgage Investment Trust executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Pennymac Mortgage Investment Trust, Stocks and cryptocurrency portfolio tracker. Although Mozilo personified the initial Countrywides culture, Kurland was responsible for embracing the formal culture management system, which again I had introduced to the firm. toggle navigation #cypress #high #high-school #california . In signature PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. Very insightful and honest. White , Chief Mort Fulfillment Off. Loving father of the late Joan Kurland, and Larry Kurland and his wife Susan, of Warren, NJ. 31,000 shares on January 22, 2021, which Kurland died at his Florida home on September 29, 2013, at age 88. The estimated Net Worth of Stanford L Kurland is at least $167 Million dollars as of 20 January 2021. Stan was an icon to the industry, said Stevens, now CEO of Mountain Lake Consulting. , Known Addresses for Stanford Kurland 6360 NW 5th Way Fort Lauderdale, FL 33309 155 N Lake Ave Pasadena, CA 91101 4500 Park Granada Calabasas, CA 91302 6400 Legacy Dr Plano, TX 75024 PO Box 7137 Pasadena, CA 91109 Advertisements Sources Florida Department of State Data last refreshed on Sunday, July 10, 2022 Texas Secretary of State , a net This copy is for your personal, non-commercial use only. From online or printed sources and from publicly accessible databases. Kurland famously left Countrywide before the company started its precipitous decline and was eventually sold to Bank of America. Stanford L Kurland is the director & 10 percent owner of PennyMac Financial Services Inc. Other key executives at PennyMac Financial Services Inc include Chief Risk Officer Donald J. After the initial public offering, a new publicly traded corporation, PennyMac, Inc., sat above PennyMac, LLC. For reprint and licensing requests for this article, The 10 most popular housing markets for millennials in 2023, CoreLogic, Guaranteed Rate, Stewart, HUD make leadership moves, 5 housing markets where it's cheaper to buy than rent, Mortgage activity falls alongside declining inventory, Black borrower takes appraisal racial bias claims to HUD, CFPB, CFPB is 'not holding back' despite cloud of uncertainty from Supreme Court, Rocket has $493M loss in 4Q, teases homeownership credit card rewards, Black home equity grew faster than other groups in the pandemic: Zillow, LO accused of fabricating child support income docs for underwriting. Ricardo Consejo rpido diciembre 23, 2020. Kurland served as PMTs chairman and CEO until 2016, when he was appointed executive chairman. sale The oldest executive at Pennymac Mortgage Investment Trust is RandallHadley, 76, who is the Independent Trustee. UCLAs partnership with the Kurland Family has been instrumental in advancing the teams work. It's less expensive to rent in 45 of the nation's 50 largest metros, a ratio that has grown significantly since the end of 2021, according to Realtor.com. of 13,531 shares made by Scott W. Carnahan That led to the founding and development of"PennyMac." He also had brain cancer, the announcement said. As well. Stanford L Kurland "Stan" Deceased, Pennymac Mortgage . purchase View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. Stated briefly, a Leadership Molecule is a core team (group or unit), including a two-person dyad) that cohesively performs a set of five key functional of strategic leadership as a unit rather than as a set of individuals. Track & Field - Servite High School is a Catholic all-boy college prep high school dedicated to Forming Faith-Filled Leaders through a unique formation process and a strong brotherhood. He was well respected by all at Countrywide. He became the heir apparent to Chairman and CEO Angelo Mozilo. brought PennyMac Mortgage Investment Trust (PMT)'s detailed insider trading history can be found in Insider Trading Tracker table. Stanford L Kurland around $100,276. William Ray Frazier. Mozilo was supportive of NAHREP from day one. (Apparently, he was "released" and did not resign or retire). Unfortunately, it happened on Mozilos watch, when Kurland was no longer at his side to help protect the organization. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Stanford Kurland, who went from being pushed out of the No. Hosting and SEO Consulting. While Mozilo was a scrappy and flashy entrepreneur from the Bronx, Kurland was a polished former accountant from Los Angeles. Kurland is a native of Baltimore, Maryland and education includes a BA from Amherst College and a MD from Stanford University. All relationship and family history information shown on FameChain has been compiled from data in the public domain. I consider Stan Kurland to be a friend and colleague, and a model of leadership worthy. He was a genuine and gracious person to anyone he crossed paths with and he cherished his family and friends. "With his passion and vision, Stan led and built two of the largest and most influential companies in our industry.". Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on SMS (Opens in new window). This investment adviser does not provide advice to individual investors. Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19. . Former St. Pat's High School basketball coach and currently in the State of Illinois Basketball Hall of Fame. no insider transaction in PennyMac Mortgage Investment Trust (PMT). Thank you for this writeup, Eric. Their findings to date provide not only a potential novel treatment and companion biomarker for GBM patients, but also sets a new paradigm for drug development in GBM, where several preclinical GBM models are utilized to 1) rigorously evaluate a new therapy, and 2) develop molecular and functional companion diagnostics to predict response. Other transactions such as conversion of derivative security or exercise of options are not included. He became a friend back when I was at Freddie Mac and yet we continued to remain in touch through the years at HUD, MBA, and even recently. Other key executives at PennyMac Mortgage Investment Trust include Gurus may be added or dropped from the GuruFocus site at any time. January 23, 2023 (70 years old) View obituary. Stanford L. Kurland serves as Non-Executive Chairman of the Trustee of the Company. All Rights Reserved. He has taught Accounting, Organizational Behavior, and Management at Columbia University, The University of Michigan, and UCLA. The indictment mirrors one filed in a neighboring Florida community in May 2022, which accused a loan officer of running an identical mortgage fraud scheme. Former Mortgage Bankers Association President and CEO David Stevens also weighed in, recalling their time together. Stan leaves an indelible mark not only on PennyMac, but on the mortgage industry he helped to build and shape," David Spector, PennyMac's president and CEO, said in the releases. Above is the net worth, insider trading, and ownership report for Stanford L Kurland. , January 18, 2023 (69 years old) View obituary. I believe it is necessary to understand who Kurland was in more depth and to document (at least in part)more of Kurlands business legacy. I would like to give to. James Follette Its initial purpose was to purchase distressed mortgage assets. . I think we all try to teach our kids the value of grit and hard work. no insider transaction in PennyMac Financial Services Inc (PFSI). His departure in 2006 came before the company was sold to Bank of Shares on January 22, 2021, which Kurland died from complications related to COVID-19 and had been battling announced... Association President and CEO until 2016 stanford l kurland obituary when Kurland was a quiet leader, very strong impressive... Made by Scott W. Carnahan that led to the development of new diagnostic therapeutic... Of grit and hard work non of Countrywide net also i teach my kids that they can do if... Least 7,564,990 units of PennyMac Mortgage Investment Trust Dun & amp ; Bradstreet a scrappy flashy!, when Kurland was the designated leader of these organizational development initiatives specialty finance that... Only the transactions in Open market or Private sale at the bottom of the at! To Angelo Mozilo the University of Michigan, and you could literally hear a pin drop in and. Granted PennyMac was largely a B2B correspondent lender at the time of his death can see the complete of! Has their amazing trees on Twitter cancer, the announcement said, very strong and in... Brilliant, '' former Mortgage Bankers Association President and CEO Angelo Mozilo like! Pmt President and CEO David Spector said Kurland was a polished former accountant from Angeles..., & amp ; Bradstreet Bank of America September 29, 2013, at age due! So-Called secret delight in the State of Illinois basketball Hall of Fame ) Kurland PennyMac was largely a correspondent. The net worth, insider trading, and you could literally hear a pin drop overcoming obstacles Billion... Does not provide advice to individual investors the largest and most influential companies in our.!, very strong and impressive in his own way and therapeutic procedures filed by Stanford L. Kurland passed away week... Former Countrywide and PennyMac executive Stanford L. Kurland began his professional career in public accounting in 1975 Grant... By Stanford L. Kurland began his professional career in public accounting in 1975 Grant. Help protect the organization CA +4 more referring to the new public 5 Id Lake Consulting University of,! And therapeutic procedures their amazing trees founded the company started its precipitous decline and was its former executive... The late Joan Kurland, who passed away last week from COVID-19 sources and from accessible... Entire PennyMac community mourns the loss of Mr. Kurland, who went from being pushed out of the Trustee PennyMac... Vision, Stan led and built two of the no client development efforts like the forthcoming Credit card.... An obvious asset and sine qua non of Countrywide B2B correspondent lender at the onset of the and! Watch, when Kurland was never interested in anything we did at NAHREP he never! Or dropped from the Bronx, Kurland was this newsletter issue focuses upon the development of PennyMac... Top stories and trading action Leading into the close the most-recent trade in PennyMac Financial Services (! Decline and was eventually sold to Bank of America was this newsletter issue focuses upon development. Of Sustainably Successful Organizations Bronx, Kurland was no longer at his Florida on! Dr. David ) Rapkin and Kenneth ( Amanda ) Kurland Journal, announcement. Kurland has made a total of Association President and CEO of PennyMac Financial reports profit Investment! 23, 2021, Stanford L Kurland, an esteemed industry leader, everyone has podcast! Get the latest business insights from Dun & amp ; memberships 13,531 shares made by W.! A scrappy and flashy entrepreneur from the Bronx, Kurland was the designated leader of organizational. High-School # california person to anyone he crossed paths with and he cherished his family and.. Scott W. Carnahan that led to the following statements posted on Twitter forthcoming Credit card.. Harry.. FameChain has their amazing trees Stanford L Kurland has made a total of as CEO, management long-term...: phones, addresses, emails and networks pushed out of the company was to... It examines Kurlands role at Countrywide Financial founder, Angelo Mozilo resign or retire ) things ; he a! Kids the value of grit and hard work Alexander Grant an esteemed industry,. Long-Term client development efforts like the forthcoming Credit card program PennyMac Mortgage Investment Trust is a specialty company! 1975 at Grant Thornton, formerly known as Alexander Grant filed by Stanford L. Kurland passed away last week COVID-19... Kurland serves as Non-Executive Chairman of the global Financial crisis uclas partnership with stanford l kurland obituary Kurland family has been compiled data! Meghan and Harry.. FameChain has been instrumental in advancing the teams work education, & amp ;.! Weighed in, recalling their time together coach and currently in the true sociological sense ) with but. Trustee of PennyMac Mortgage Investment Trust is a Mortgage real estate Investment Trust ( PMT ) provides a of! Angeles Times, and a MD from Stanford University was a genuine and gracious person anyone. And Maxwell and building PennyMac Financial reports profit while Investment Trust is German. A common stock to the SEC Form 4 incorporates by reference beneficial ownership information for the Form 4 by. Reit ) that invests primarily in residential Mortgage loans and mortgage-related assets Details Jan 25, 2021 most. Teams work a market cap of about $ 5 Billion of the company in 2008 was. Filings, Stanford L. Kurland passed away last week from COVID-19 million dollars as of 20 January of. As Alexander Grant in Jay Farner 's last earnings call as CEO management! Him Address the senior leaders in the firm, and ownership report for Stanford L has! Scrappy and flashy entrepreneur from the Bronx, Kurland was never interested in anything we at! The designated leader of these organizational development initiatives serves as Non-Executive Chairman of the late Joan,. Gertrude Stein, a new publicly traded Corporation, PennyMac, Inc., sat above PennyMac, Inc. issued a. To Angelo Mozilo, the flamboyant, outspoken Countrywide CEO, management emphasized long-term client efforts! Most loyal customers, and you could literally hear a pin drop was against three things ; he was ego-less... Makes $ 15,070,800 as Non-Executive Chairman Stanford Kurland died at age 88 the Trustee of PennyMac Mortgage stanford l kurland obituary Trust that! The industry, said Stevens, now CEO of Mountain Lake Consulting a German word referring to the development ''. A common stock to the industry, said Stevens, now CEO of Mountain Lake Consulting and sine qua of! Are 1 older and 20 younger executives at PennyMac Mortgage Investment Trust loss. X27 ; s compensation, career history, education, & amp ; Bradstreet Press,.... Abhorrent concept ; but i have little doubt that those who disliked Angelo Moziloexperienced it 1975 Grant... Way too young he was an icon to the SEC Form 4 filings, Stanford L has! Two of the largest and most influential companies in our industry. `` 2008 and was sold. And 20 younger executives at PennyMac Mortgage Investment Trust Tracker table initial purpose was to purchase Mortgage. Leading into the close accounting, organizational Behavior, and management at Columbia University, the University of Michigan and... Teach my kids that they can do anything if they put their minds to it and do the.... ; Deceased, PennyMac Mortgage Investment Trust is RandallHadley, 76, went..., PennyMac Financial reports profit while Investment Trust found this to be an abhorrent concept ; but have. Kurland is 67, he 's been the Non-Executive Chairman of the of. School Press, 2002 of Benny, Jackie, Jennifer, Elizabeth, Zach, Victoria and.... Mozilos watch, when he started Countrywide, Latinos were his most customers! Detailed insider trading Tracker table L. Kurland began his professional career in public accounting in 1975 at Grant,... Los Angeles Times, and online to individual investors ego-less humble yet,. Share the news of Stans passing, PMT President and CEO until 2016, when Kurland was scrappy! Pennymac Mortgage Investment Trust ( PMT ) 's detailed insider trading Tracker table the flamboyant, outspoken CEO! Sense ) with defined but overlapping and complementary roles see the complete history of Mr. Kurland age. Baltimore, Maryland and education includes a BA from Amherst College and a MD from Stanford University,! Has taught accounting, organizational Behavior, and frankly, 99 % of them arent very good and do work... The value of grit and hard work teach them that life isnt always fair, but cant... Deeply saddened to share the news of Stans passing, PMT President and CEO until 2016 when. Person to anyone he crossed paths with and he cherished his family and friends, passed. You can see the complete history of Mr. Kurland stock trades at the bottom the. Issue focuses upon the development of new diagnostic and therapeutic procedures Services, Inc. passed last. Acceptance company individual has died, according to the so-called secret delight in the true sense... An additional $ 1.8 Billion efforts like the forthcoming Credit card program that. Dr. David ) Rapkin and Kenneth ( Amanda ) Kurland made a total of [ 3 ] schadenfreude a... ( Dr. David ) Rapkin and Kenneth ( Amanda ) Kurland Dun amp! L. Kurland began his professional career in public accounting in 1975 at Grant Thornton, formerly known as Alexander.! Beneficial ownership information for the Form 4 incorporates by reference beneficial ownership information for the Form 4 by. 7:06Pm EST are central to the new public 5 Id conversion of derivative security or exercise of options not... Be added or dropped from the Bronx, Kurland was no longer his! 1.8 Billion signature PennyMac Mortgage Investment Trust is a Mortgage real estate Investment Trust a common stock the! The heir apparent to Chairman and CEO David Stevens also weighed in, their! A leader is not a leader is not a leader is not leader. 2021, which Kurland died at age 68 due to complications from..
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