Latest news with #Marchetti
Business Wire
05-08-2025
- Business
- Business Wire
loanDepot Adds Mortgage Technology Trailblazers to Executive Team
IRVINE, Calif.--(BUSINESS WIRE)--loanDepot, Inc. (NYSE: LDI) (together with its subsidiaries, "loanDepot" or the "Company") today announced two executive appointments intended to drive profitable growth and operating leverage through the development of best-in-class technology. As Chief Digital Officer, Dominick Marchetti leads the Company's overall digital transformation and strategy, ultimately responsible for using technology to drive improved operational outcomes and competitive advantage. As Chief Innovation Officer, Sean DeJulia is responsible for driving innovation throughout the loan manufacturing process across all of its production channels, with a strong focus on the top of the funnel. 'The return of these two brilliant and proven technology trailblazers—each with their own unique but complementary strengths—marks a pivotal moment for the Company and a return to our roots of innovation." Share Said CEO Anthony Hsieh, 'The return of these two brilliant and proven technology trailblazers—each with their own unique but complementary strengths—marks a pivotal moment for the Company and a return to our roots of innovation. I had the privilege of working closely with both as we built the groundbreaking technology that defined loanDepot's early reputation and growth, so I know firsthand what they're capable of. Their return is more than a reunion: it's a force multiplier that will accelerate our digital transformation in both the near and long term. I couldn't be more excited to work with both of them again.' About Dom Marchetti Marchetti, who served as loanDepot's Chief Technology Officer from 2015 to 2019 and is regarded as one of the top mortgage technology leaders in the country, has spent most of his career building and redefining the way mortgage companies do business. He is also a serial entrepreneur who founded his first mortgage company in 1996. After loanDepot, Marchetti joined Rate to help drive its product innovation initiatives before launching his own mortgage tech strategy and consulting firm, Mezzo. At Mezzo he worked closely with many of the industry's top lenders, building new products by leveraging industry experts and developing a deep understanding of the competitive landscape. Said Hsieh, 'Dom is an exceptional partner—someone I trust deeply, who has a proven track record of delivering next-generation capabilities, and with whom I am completely aligned in how we think about the business. Among the many things that set him apart are his expansive knowledge, his incredible industry relationships, and his ability to harness technology and innovation to build and run an exceptional mortgage business.' Said Marchetti, 'The rapid acceleration of AI is bringing significant changes to our industry, and this is an exciting moment to join a leadership team with the knowledge, longevity and vision to embrace those opportunities. Further, the launch of the mello® platform was one of the most rewarding experiences of my career, so I am thrilled to be back at loanDepot working alongside Anthony and the rest of the leadership team to build on our strengths as we harness our technology prowess to drive stronger business outcomes.' About Sean DeJulia DeJulia is a seasoned mortgage technology innovator who started his career with Empower (now Dark Matter Technologies) and honed his software engineering expertise over a decade at loanDepot. After loanDepot, he founded Lodasoft, which works with top mortgage lenders to streamline manufacturing workflows, improve operational efficiency, and reduce both cost and risk for its clients. That experience helped him gain a comprehensive perspective on the industry. In addition, DeJulia brings real-world lending experience to his work. As a mortgage originator, he gained invaluable insights into both loan origination and processing challenges as well as the customer experience, all of which inform his development of intuitive, compliant, and scalable solutions. Said Hsieh, 'There are very few people who match the type of 'mortgage IQ' Sean has, namely deep competitive knowledge and big picture thinking combined with top tier coding talent and first-hand experience as an originator. This is evident not only in his past experience with our Company, but also by his success as an entrepreneur. Sean will set the gold standard for innovation both here at loanDepot and across the mortgage industry.' Said DeJulia, 'The opportunity to return to loanDepot and apply all that I've learned over the course of my career was something I just couldn't pass up. I'm ready to roll up my sleeves and get to work, and I look forward to a strong partnership with Anthony and the entire leadership team as we work to accelerate our growth goals, regain our market share and return to our heritage as a true mortgage innovator.' As part of their charter for the next 90 days, Marchetti and DeJulia will evaluate the critical resources required to develop next generation tools and capabilities. Forward Looking Statements This press release may contain "forward-looking statements," which reflect loanDepot's current views with respect to, among other things, our executive leader capabilities and value, our digital transformation, business and technical strategies, business outcomes, innovation efforts, adoption of artificial intelligence, and evaluation of critical resources. These forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and may contain the words 'outlook,' 'potential,' 'believe,' 'anticipate,' 'expect,' 'intend,' 'plan,' 'predict,' 'estimate,' 'project,' 'will be,' 'will continue,' 'will likely result,' or other similar words and phrases or future or conditional verbs such as 'will,' 'may,' 'might,' 'should,' 'would,' or 'could' and the negatives of those terms. These forward-looking statements are based on current available operating, financial, economic and other information, and are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict, including but not limited to, the following: our ability to achieve the expected benefits of our strategic plans and priorities and the success of other business initiatives; our ability to achieve profitability; our loan production volume; our ability to maintain an operating platform and management system sufficient to conduct our business; our ability to maintain warehouse lines of credit and other sources of capital and liquidity; our ability to effectively utilize artificial intelligence; impacts of cybersecurity incidents, cyberattacks, information or security breaches and technology disruptions or failures, of ours or of our third party vendors; the outcome of legal proceedings to which we are a party; our ability to reach a definitive settlement agreement related to the Cybersecurity Incident; adverse changes in macroeconomic and U.S residential real estate and mortgage market conditions, including changes in interest rates and changes in global trade policy and tariffs; changing federal, state and local laws, as well as changing regulatory enforcement policies and priorities; and other risks detailed in the "Risk Factors" section of loanDepot, Inc.'s Annual Report on Form 10-K for the year ended December 31, 2024, and Quarterly Reports on Form 10-Q as well as any subsequent filings with the Securities and Exchange Commission. Therefore, current plans, anticipated actions, and financial results, as well as the anticipated development of the industry, may differ materially from what is expressed or forecasted in any forward-looking statement. loanDepot does not undertake any obligation to publicly update or revise any forward-looking statement to reflect future events or circumstances, except as required by applicable law. About loanDepot: Since its launch in 2010, loanDepot (NYSE: LDI) has revolutionized the mortgage industry with digital innovations that make transacting easier, faster and less stressful for customers and originators alike. The company, which is licensed in all 50 states, helps its customers achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. loanDepot is also committed to serving the communities in which its team lives and works through a variety of local and national philanthropic efforts. LDI-IR
The Guardian
29-07-2025
- Sport
- The Guardian
Switzerland pulls off dazzling high-wire act as Euro 2025 delivers to the last
Twelve hours before Euro 2025 reached its crescendo the Uefa executive director of football, Giorgio Marchetti, addressed a hall of delegates in Basel. The morning coffees were still taking hold as officials from clubs, federations and other stakeholders settled down for a forum designed partly to debrief the previous month. There was no mistaking the congratulatory mood and Marchetti was determined to see it last. The tournament would not be 'like a butterfly, over in 24 hours', he said; instead its reverberations would be felt far into a burgeoning sport's future. There was certainly little sign of any effects dulling as afterparties swung long into the night following England's heist against Spain. The overwhelming sense was of euphoria, sprinkled with relief, that host and governing body had pulled off what some viewed as a high‑wire act. Switzerland's relatively modest football infrastructure, not to mention its muted appreciation of the women's game, had raised eyebrows but it staged an event that delivered to the last. 'It's a very strong image of Switzerland that has been shared with the whole world,' the Swiss football association president, Dominique Blanc, said on Monday. 'It has exceeded our expectations as organiser and also the expectation of Uefa.' All parties can reel off a string of convincing figures. If Switzerland needed the money it can bask in 200 million francs (£186m) brought in through tourism by the European Championship. That is a direct consequence of the numbers that make Uefa particularly proud: a record attendance of more than 657,000; all bar two of the 31 games being recorded as sellouts; the number of visiting supporters far exceeding those at previous editions. Then came the sensory evidence that it remains worth granting host status to grow football in countries that are not autocracies, petrostates or both. Switzerland rose cautiously but, in the end, entirely to the challenge of presenting a spectacle. The country has never experienced scenes such as the fan walk in Berne before their historic quarter-final against Spain, when a sea of red flowed over Nydeggbrücke bridge and snaked up the hill towards Stadion Wankdorf. Those fan marches, replicated by several nations' fanbases across the month, were evidence of a women's football supporter culture that has grown in shape and identity here. Uefa wanted to learn more about the sport's audience, its habits and its mores, at Euro 2025 and has been presented with compelling answers. Nor has Switzerland experienced many noises like the commotion that erupted in Geneva when the Nati dramatically equalised against Finland. Crucially it learned to embrace and cherish a young, multicultural team with none of the cynicism previously unloaded on some of their male counterparts. Opportunity knocks in the marketable, vastly talented forms of Sydney Schertenleib and Iman Beney. The country now has a platform to do more than flap its wings. Can it harness that momentum between now and the next Nations League campaign in February? Uefa will hope so as it looks to bolster the suite of credible, high-level contenders for its competitions. England's win at least gave the lie to any idea that Spain could not be toppled but, among some observers, there was quiet disappointment about the level shown by some big guns. Neither France nor Germany convinced, while the Netherlands flopped; Sweden had looked the best prepared team to take on La Roja but blew their quarter-final against an England side propelled by its own destiny. It felt instructive when Emma Hayes, a speaker at Uefa's forum on Sunday, suggested England's transitions had not been as slick as those at Euro 2022. That proved not to matter and there is a sense the standard of play at the top end did not kick on this year, even if there was evidence of a hugely welcome rise in level lower down. Quality, though, is not always the most important measure of a tournament. Short-term endorphin kicks engender the buzz, especially among remote viewers, and it did little harm to the competition's role in hearts and minds that so many of the decisive tussles staggered towards penalty shootouts or dramatic extra‑time resolutions. Those moments, much more than the cruises and cakewalks, cement an event in new supporters' consciousnesses. Euro 2025 achieved that in greater concentration than any of its past equivalent tournaments. Sign up to Moving the Goalposts No topic is too small or too big for us to cover as we deliver a twice-weekly roundup of the wonderful world of women's football after newsletter promotion Uefa must now choose the most appropriate step for a tournament that insiders know needs handling with care even if its president, Aleksander Ceferin, was available for only two fleeting appearances. Switzerland's success has given a green light to choose a more outwardly ambitious host for Euro 2029 from five candidates. Germany appears the early favourite and would also be large enough to sustain an expanded tournament, an eventuality that has not entirely been extinguished. The women's European Championship will inevitably join other showpieces in swelling to 24 teams some day although 2033 is a more likely target. Breaking even and demonstrating that progress can also be measured in sound business terms is – as the Uefa director of women's football Nadine Kessler, recently told the Guardian – a more concrete priority. There would be clear risks in overreaching when the present model has suggested a path to viability. For the audience who will define its future, though, pictures matter more than pound signs. The images that will linger include Ann‑Katrin Berger's extraordinary save against France, Aitana Bonmatí's semi‑final flourish and the pandemonium that unfolded when Chloe Kelly battered the final penalty past Cata Coll. Euro 2025 built firmly on existing foundations and, for all the challenges that await, set out Marchetti's vision for a far more durable beast.
Yahoo
29-05-2025
- Entertainment
- Yahoo
Did Summer Halt Kyle and Claire's Plans On Young and the Restless?
One of the storylines on The Young and the Restless involves Kyle and Claire's relationship. The star-crossed lovers are defying their feuding families. They want to take the next step and move in together. However, Summer could've halted those plans. Claire (Hayley Erin) confessed to Kyle (Michael Mealor) that she has fallen in love with him. Now, the couple is talking about the idea of living together. Claire wants to get out of the tiny house she lives in with Victoria (Amelia Heinle) and Cole (J. Eddie Peck). Kyle also wants to get out of the Abbott mansion, even though it was just renovated. READ THIS: What happened today on Y&R? The young lovers can't get enough of each other, so they agree that it's better for them to live together instead of with their families. They've been discussing where they should live. Claire wants to find a new home that isn't tied to tragedy or their family. Kyle just wants to find a house as soon as possible. He's ready to throw his Abbott money at the perfect one. However, Claire wants Kyle to listen to her needs. She doesn't want to live with his family. She would rather find a new place where they could start fresh and make new memories. READ MORE: Find out what happens next on Y&R. There's just one problem: Summer Newman (Allison Lanier). She learned that two of her employees are leaving Marchetti, so she had to make travel arrangements to Europe to find new replacements. Summer went to the Abbott mansion to say her goodbyes to Kyle and Harrison. Kyle shared the news that he's moving in with Claire. Summer asked him to share the news with their son once she returned. But now that Summer is gone indefinitely and there are no plans to recast the character, Kyle won't be able to move in with Claire. Did Summer pull this move to keep Kyle and Claire apart? Will Kyle keep Summer's promise, or will he break it? We will just have to see for ourselves.
Yahoo
02-05-2025
- Entertainment
- Yahoo
Young and the Restless Spoilers Preview May 2: Summer Makes A Big Change
For the Friday, May 2 episode of The Young and the Restless, spoilers photos show a day full of dramatic moments in Genoa City. They revolve around Summer as she appears to wrap things up. Summer (Allison Lanier, who is out as Summer) shows up at the Abbott mansion. It looks like she takes in all of Diane's (Susan Walters) redecorating. She and Kyle (Michael Mealor) have a discussion. Could he be telling Summer about his plans to live with Claire (Hayley Erin)? Whatever it is, Summer looks decidedly unthrilled with the situation. Harrison (Redding Munsell) comes down, and Summer talks to him. She gets down on his level, and everybody is smiling. He's probably catching her up on something he did. MORE: Find out what happens next on Y&R. Later, Summer has a sit-down with Sally (Courtney Hope) and Chelsea (Melissa Claire Egan). Neither Sally nor Chelsea was too interested in continuing their work at Marchetti. Could this be the end of the fashion brand? Based on Lanier's announcement of her departure, this is her last episode as Nick (Joshua Morrow) and Phyllis' (Michelle Stafford) daughter. Perhaps Summer will depart Genoa City for a while. Check it all out in the slideshow below. What do you think it happening? Let us know in the comments below.
Associated Press
17-04-2025
- Business
- Associated Press
Strive Health Expands Executive Team
DENVER--(BUSINESS WIRE)--Apr 17, 2025-- Strive Health, the national leader in value-based kidney care, announced today that it has expanded its executive team. This press release features multimedia. View the full release here: Paul Marchetti Paul Marchetti has been named Strive's new President, overseeing all operations, customer success and growth. Jen Browne has been promoted to Chief Operating Officer, overseeing day-to-day operations and execution of business strategies. 'The Strive team is excited to welcome these exceptional leaders to our executive team,' said Chris Riopelle, Co-Founder & CEO of Strive. 'Their expertise, vision and passion for value-based kidney care will drive us forward as we continue to redefine our industry and create lasting impact.' Before joining Strive, Marchetti served as President of CarelonRx at Elevance Health, where he led the pharmacy division and grew the business by 180% over three years. Earlier in his career, Marchetti held senior executive roles at New Century Health, Aetna and UnitedHealth Group where he drove revenue growth, managed national provider and value-based networks and scaled clinical operations and strategic M&A efforts. 'Having personally experienced progressive kidney disease within my family, I've seen firsthand the fragmentation, lack of coordination, gaps in care and stress put on patients and their families,' Marchetti said. 'With 37 million Americans struggling with kidney disease, I'm thrilled to join the talented team at Strive and its mission to utilize a unique combination of technology-enabled interventions and seamless integration with providers to drive high-quality, affordable outcomes for patients.' Prior to her promotion to COO, Browne was Strive's President of Market Operations. Her extensive background includes expertise in quality and risk adjustment, disease management operations and medical expense management. Early in her career, Browne held positions at DaVita Medical Group, Advisory Board and Novant Health. She also served as the Senior Vice President of Population Health for Optum where she managed a portfolio of over 1.2 million patients. 'I'm passionate about a value-based healthcare system that prioritizes prevention, keeps patients healthy and delivers meaningful outcomes — especially for those living with chronic disease,' Browne said. 'I'm delighted to have the opportunity to lead Strive's operations as we reimagine kidney care through innovative, patient-centered models that meet people where they are and deliver meaningful, personalized support.' ABOUT STRIVE HEALTH Strive Health is the nation's leader in value-based kidney care and partner of choice for innovative healthcare payors and providers. Using a unique combination of technology-enabled care interventions and seamless integration with local providers, Strive forms an integrated care delivery system that supports the entire patient journey from chronic kidney disease (CKD) to end-stage kidney disease (ESKD). To help patients, Strive partners with commercial and Medicare Advantage payors, Medicare, health systems and physicians through flexible value-based payment arrangements, including risk-based programs. Strive serves over 121,000 people with CKD and ESKD across 50 states and partners with over 6,500 providers. Strive's case management and population health programs are accredited by the National Committee for Quality Assurance (NCQA), and its technology platform, CareMultiplier™, is certified by HITRUST. To learn more, visit View source version on CONTACT: MEDIA CONTACT: Nicole Leatherman Strive Health Communications 619-917-4807 [email protected] KEYWORD: UNITED STATES NORTH AMERICA COLORADO INDUSTRY KEYWORD: GENERAL HEALTH HEALTH PRACTICE MANAGEMENT OTHER HEALTH SOURCE: Strive Health Copyright Business Wire 2025. PUB: 04/17/2025 07:02 AM/DISC: 04/17/2025 07:02 AM
