Altisource Residential Corporation Declares Quarterly Cash Dividend, Payable on April 23, 2015; Announces Appointment of George G. Ellison as President
In addition, the company announced the appointment of George G. Ellison as President of the company, effective immediately. Ashish Pandey will continue to serve as the company's Chief Executive Officer. Mr. Ellison also serves as the Chief Executive Officer of AAMC. Prior to joining AAMC, Mr. Ellison had been employed for 19 years at Bank of America and its predecessor, Nationsbank. Prior to his most recent roles, Mr. Ellison was Global Head of the Structured Products division within Bank of America's Investment Banking platform. His responsibilities involved all Structured Products including RMBS, ABS, ABCP Conduit and CMBS securities, among others.