Madison Simm Appointed Chief Executive Officer of Change Lending
ANAHEIM, Calif.--(BUSINESS WIRE)--Change Lending is pleased to announce the appointment of Madison Simm as Chief Executive Officer ('CEO'). Mr. Simm, who currently serves as Chief Financial Officer ('CFO'), will continue in that role while assuming leadership of the company's strategic vision and operational growth.
His financial acumen and strategic vision will be instrumental in advancing Change Lending's efforts to provide responsible and innovative lending solutions. I am confident that under his leadership, Change will continue to grow and expand its impact.
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With over 25 years of leadership experience in the financial services industry, Mr. Simm brings extensive expertise in mortgage lending, capital markets, and financial management. Prior to joining Change Lending in June 2024, he served as President of the Real Estate Division at Texas Capital Bank, a $30 billion regional bank, and as Chief Financial Officer at Pacific Union Financial, a top-20 originator and servicer specializing in GNMA assets. His background also includes senior leadership roles at Wells Fargo and Lehman Brothers.
'Madison is a proven leader with a deep understanding of the mortgage industry and a strong commitment to our mission,' said Steven Sugarman, Founder of The Change Company. 'His financial acumen and strategic vision will be instrumental in advancing Change Lending's efforts to provide responsible and innovative lending solutions. I am confident that under his leadership, Change Lending will continue to grow and expand its impact.'
In his dual role as CEO and CFO, Mr. Simm will focus on strengthening the company's financial performance, expanding its suite of mortgage products, and deepening its commitment to making homeownership accessible for all.
'I am honored to take on the role of CEO at Change Lending,' said Madison Simm. 'I look forward to leading our team and continuing to contribute to the company's growth and success.'
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About CyberArk CyberArk (Nasdaq: CYBR) is the global leader in identity security, trusted by organizations around the world to secure human and machine identities in the modern enterprise. CyberArk's AI-powered Identity Security Platform applies intelligent privilege controls to every identity with continuous threat prevention, detection and response across the identity lifecycle. With CyberArk, organizations can reduce operational and security risks by enabling zero trust and least privilege with complete visibility, empowering all users and identities, including workforce, IT, developers and machines, to securely access any resource, located anywhere, from everywhere. 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You should not rely upon forward-looking statements as predictions of future events. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially, including (i) changes as a result of market conditions or for other reasons, (ii) the risk that the Offering will not be consummated, (iii) the risk that the capped call transactions will not become effective, and (iv) the impact of general economic, industry or political conditions in the United States or internationally. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in CyberArk's filings with the Securities and Exchange Commission (the "SEC"), including its annual report on Form 20-F filed with the SEC on March 12, 2025. Forward-looking statements in this press release are made pursuant to the safe harbor provisions contained in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are made only as of the date hereof, and CyberArk undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. View source version on Contacts Investor Relations Contact: Floris van der VeerCyberArk617-558-2132ir@ Media Contact: Rachel GardnerCyberArk603-531-7229press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
