Item 7.01 Regulation FD Disclosure.
Ocwen Financial Corporation (the “Company”) issued a press release on January
23, 2023 announcing changes to the leadership structure of the Company’s Board
of Directors as further described in Item 8.01 below. A copy of the press
release is furnished herewith and attached hereto as Exhibit 99.1.
The information in this Item 7.01 and the related information in Exhibit 99.1
attached hereto shall not be deemed to be “filed” for purposes of Section 18 of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or
otherwise subject to the liabilities of that Section, and shall not be
incorporated by reference into any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set forth by specific
reference in such a filing.
Item 8.01 Other Events.
On January 23, 2023, the Company announced that Glen A. Messina, President and
Chief Executive Officer, has been appointed Chair of the Board of Directors (the
“Board”). Mr. Messina will continue to serve as President and Chief Executive
Officer. Former Board Chair Phyllis R. Caldwell will continue to serve on the
Board as an independent director. In addition, independent director Kevin Stein
has been appointed as Lead Independent Director with responsibility for leading
the Board’s independent oversight function. The Board determined through its
regular self-evaluation and succession planning activities that these changes
represent the appropriate Board structure to oversee the Company’s strategy
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit Number Description 99.1 Press Release of Ocwen Financial Corporation dated January 23, 2023 104 Cover Page Interactive Data File formatted in online XBRL (included as Exhibit 101)
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