Sagent appoints Chris Marshall as CEO to accelerate Dara's mortgage servicing expansion
Sagent appoints Chris Marshall as CEO to accelerate Dara's mortgage servicing expansion
Sagent appoints Chris Marshall as CEO to accelerate Dara's mortgage servicing expansion
Sagent has named Chris Marshall as its new CEO, effective January 5. The leadership change comes as the company continues expanding its Dara mortgage servicing platform across the US market. Current CEO Geno Paluso will transition to Vice Chairman and senior advisor during the handover.
Marshall brings decades of experience in financial services to his new role. He previously served as Vice Chairman and President of Mr. Cooper, helping it become America's largest mortgage servicer. Before that, he held top executive positions at Ally Bank, Fifth Third Bank, and Bank of America.
As CEO, Marshall will oversee day-to-day operations alongside Sagent's executive team. He will also lead the large-scale deployment of Dara, the company's cloud-native platform for mortgage servicing. The system aims to cut operational costs, ensure real-time compliance, and provide an open-API ecosystem with unified data and AI-driven user experiences.
Dara already supports at least five of the top 10 US mortgage servicers, including Mr. Cooper, Freedom Mortgage, PennyMac, United Wholesale Mortgage, and Rocket Mortgage. The platform covers the entire servicing lifecycle, from core operations to consumer and default management.
Marshall will retain his position as Sagent's board Chairman while taking on the CEO role. Geno Paluso, the outgoing CEO, will assist during the transition as Vice Chairman and senior advisor.
The appointment strengthens Sagent's push to modernise mortgage servicing with Dara. Marshall's leadership will focus on scaling the platform across the $14.6 trillion US market. His background in large-scale financial operations aligns with the company's growth plans.