Altisource Asset Management Corporation Announces Hiring of Co-Chief Executive Officer
Altisource Asset Management Corp Com (AAMC)
NASDAQ:AMEX Investor Relations:
ir.altisourceamc.com/investor-relations
Company Research
Source: GlobeNewswire
CHRISTIANSTED, U.S. Virgin Islands, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced the hiring of Indroneel Chatterjee as the Company’s new Co-Chief Executive Officer, effective January 13, 2020 (the “Effective Date”). Mr. Chatterjee will also become a member of the Company’s Board of Directors on the Effective Date. The current Chief Executive Officer, George Ellison, will continue as co-Chief Executive Officer and Chairman and be responsible for managing the Company’s existing business including the asset management agreement with Front Yard Residential Corporation (“Front Yard”). Mr. Chatterjee was hired as an additional resource for AAMC and will be responsible for implementing new business. Mr. Chatterjee has served as a consultant to various businesses since March 2019. He previously served as Senior Vice President, New Business Initiatives of Altisource Solutions, Inc. from September
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