Career moves

Patrick F. Stone, a former chief executive officer of Fidelity National Information Solutions Inc., has been named to the board of directors of Digital Map Products, a developer of Internet-hosted mapping applications.Mr. Stone, whose career spans three decades, was also president and chief operating officer of Fidelity National Financial and president of Fidelity National Title of Oregon. DMP provides map-enabled software for the building, land development, and real estate sectors, among others. It can be found on the Web at http://www.digitalmapproducts.com.

W. Kirk Wycoff has been named chief operating officer of O'Neill Properties Group, King of Prussia, Pa.Mr. Wycoff is the former chairman and chief executive officer of Progress Bank, which merged with Fleet Bank earlier this year, and he was regional CEO of the Pennsylvania market of Fleet Bank. O'Neill Properties is a real estate development company focused on transforming abandoned properties into viable communities. Mr. Wycoff will be responsible for managing finance, development, marketing, property management, and operations, the company said.

Robert G. Prendergast has been named senior vice president and chief operating officer of Heritage Property Investment Trust Inc., Boston.Mr. Prendergast, 44, was most recently the company's vice president for property management and construction. He has over 20 years of experience in the real estate industry, managing shopping center and other retail office properties, the company said. Heritage also announced that David C. Sweetser, the company's vice president for business development, will assume responsibility for its property management and construction departments. Heritage can be found on the Web at http://www.heritagerealty.com.

Daniel Jacobs has been promoted to chief executive officer of 1st Metropolitan Mortgage, a Charlotte, N.C.-based national mortgage broker.In addition to directing daily operations and developing new business strategies, Mr. Jacobs will continue as director of corporate acquisitions for Empire Equity Group Inc., of which 1st Metropolitan is a division. Before joining 1st Metropolitan, Mr. Jacobs worked as branch, regional sales, and national sales manager for Empire, as well as vice president of business development. In that capacity, he designed a beta-test program that enabled loan officers to work from remote locations, ultimately leading to the acquisition of 1st Metropolitan, the company said.

Christopher T. Kelly has been named director and head of real estate in the structured finance group of CapitalSource Finance LLC, a specialized commercial finance company based in Chevy Chase, Md.Mr. Kelly has more than 17 years' experience in commercial real estate finance, CapitalSource said. He was a founding member in 1999 of CDC Mortgage Capital, where he has served as a managing director chiefly responsible for originating senior and mezzanine large-capitalization loans. He was previously a vice president and senior originator with Lehman Brothers when it was the market's most active originator of CRE whole loans and mortgage-backed securities, CapitalSource said. The company can be found online at http://www.capitalsource.com.

Kevin J. Brennan has been promoted to senior executive vice president of Carlton Advisory Services, a New York-based national real estate investment bank.Mr. Brennan, who joined Carlton in 1999, has over 20 years of combined real estate and finance experience and specializes in complex debt and equity placement, loan sales, and investment sales, the company said.

Diana Grossmann has been promoted to executive vice president at MortgageTree Lending, Modesto, Calif.Ms. Grossmann, who joined MortgageTree in 2000 as chief operating officer, has 23 years of mortgage industry experience, the company said. She is responsible for promoting the company to net branch clients, and for building strong relationships with the company's network of branch managers. Before joining MortgageTree, Ms. Grossmann was president of Golden Empire Mortgage. MortgageTree also announced the hiring of Robert Draizen to succeed Ms. Grossman as COO. The company can be found online at http://www.mortgagetreelending.com.

Cousins Properties Inc., an Atlanta-based real estate investment trust, has announced that Tom G. Charlesworth will retire from full-time employment and turn over his duties as chief financial officer to James A. Fleming in the summer.Cousins said Mr. Charlesworth, 55, will continue as executive vice president, chief investment officer, and senior adviser to the president on a part-time basis. He will assist the new CFO on an as-needed basis through the end of the year and then retire from full-time duties, the REIT said. Mr. Fleming, now senior vice president and general counsel, will be named executive vice president and CFO in August. The REIT can be found online at http://www.cousinsproperties.com.

Fannie Mae veteran Alan F. Greenwald has been named chief operating officer of A. F. Evans Co., a real estate developer and manager based in Oakland, Calif.Mr. Greenwald spent 10 years with Fannie Mae, most recently as director of its multifamily group. He has also worked in the Department of Housing and Urban Development's Office of the Secretary and its Office of the General Council. A. F. Evans develops and manages projects ranging from affordable housing and assisted-living facilities to market-rate apartments and condominiums, the company said.

Samuel J. Greenblatt has been promoted to executive vice president and director of originations at RAIT Investment Trust, Philadelphia.The real estate investment trust said Mr. Greenblatt has 30 years of experience in commercial financing and real estate services. He founded Pinnacle Capital Group LP, a commercial mortgage lender, before joining RAIT as a vice president in 2000. The REIT can be found online at http://www.raitinvestmenttrust.com.

Joseph W. Kiley III has been elected chief executive officer of Wilshire Financial Services Group Inc., Calabasas, Calif., effective upon the expected resignation of CEO Stephen P. Glennon.Mr. Kiley, president and CEO of First Bank of Beverly Hills, was also elected chief financial officer of Wilshire, effective immediately. Wilshire said Mr. Glennon has told its board that he intends to resign shortly after the resolution of final issues involving the sale of Wilshire's mortgage servicing subsidiary, Wilshire Credit Corp. Mr. Glennon will continue to serve on the boards of both Wilshire and First Bank of Beverly Hills.

Cristina F. Sullivan has been promoted to senior vice president of asset management operations at Gables Residential, Boca Raton, Fla.The real estate investment trust said Ms. Sullivan will continue to oversee Gables' REIT operations in the East and fee-management operations in the District of Columbia. She joined Gables in 1988, and was named a regional vice president overseeing management operations for Florida in 1999. She was named vice president in 2002. The REIT can be found online at http://www.gables.com.

Howard N. Morof has been named chief financial officer of Franklin Financial Group, a Southfield, Mich.-based financial services organization specializing in the residential mortgage industry.Mr. Morof will assist in developing the capital structure of the organization to support continued growth, the company said. Before joining Franklin, Mr. Morof was CFO for Broder Bros., a national distribution firm in Plymouth, Mich., and he was previously a partner at MSW Group, a public accounting and consulting firm in the Detroit area. An affiliate of Franklin Security Bank FSB, Franklin can be found online at http://www.franklin-mtg.com.

Paul Saltzman, executive vice president and general counsel at The Bond Market Association, is leaving to join eSpeed as chief operating officer, according to the two organizations.Mr. Saltzman will begin at eSpeed on June 1, said the company, a technology provider for world capital markets. The Bond Market Association can be found on the Web at http://www.bondmarkets.com, and eSpeed can be found at http://www.espeed.com.

Ginnie Mae executive vice president George Anderson said he wants to work in the private or public sector to help African countries develop secondary mortgage markets after he leaves the agency in June or July."There is growing interest in the Ginnie Mae model," Mr. Anderson said in an interview. He believes South Africa and neighboring Botswana have the infrastructure in place to create a secondary market. Mr. Anderson has worked at Department of Housing and Urban Development since he graduated from business school 33 years ago and he has served as EVP at Ginnie Mae for the past eight years. He said Ginnie Mae has a talented young staff that is ready to run the agency and Ginnie Mae is finally moving its offices out of the HUD building this summer. The new office will be two blocks away from HUD but it will have a corporate look. "I am leaving at a good time," he said.

Leo C. O'Neill, a Standard & Poor's executive whom the rating agency said "played a key role in expanding the company's growth and influence in the capital markets," died due to complications from cancer on Tuesday.Mr. O'Neill previously was president of S&P and recently retired from that position. (Kathleen A. Corbet, formerly a top executive at Alliance Capital Management, succeeded him in that position.) Mr. O'Neill was known for recognizing "key trends driving the financial markets - globalization, privatization, disintermediation and securitization" and for positioning S&P "as the benchmark provider of ratings, indices, risk evaluations and research on a global basis," according to Harold McGraw III, the chairman and president of S&P's corporate parent, The McGraw-Hill Cos. The McGraw Hill Cos. can be found online at http://www.mcgraw-hill.com and S&P can be found on the Web at http://www.standardandpoors.com.

Ken Hackel has joined RBS Greenwich Capital Markets as managing director and co-head of fixed-income strategy, and Alec Crawford has joined RBS Greenwich Capital as managing director in the mortgage pass-through trading group.Mr. Hackel, who previously was chief U.S. fixed-income strategist at Merrill Lynch, will be responsible for coordination and oversight of RBS Greenwich Capital's mortgage-backed securities strategy as well as asset allocation. Mr. Crawford previously was a managing director and head of the mortgage and cross-rates strategy group at Deutsche Bank Securities.

Former Mortgage Bankers Association president Herbert B. Tasker has joined the board of directors of American Residential Investment Trust Inc., San Diego.He is currently vice chairman and managing director of AIG Centre Capital Group Inc. Previously he was the chairman and chief executive of Mason McDuffie Mortgage Co. and All Pacific Mortgage Co. Both companies were sold to larger firms, Mason McDuffie to Weyerhaeuser Mortgage Co., and All Pacific to Inland Mortgage. Mr. Tasker currently serves on the board of First American Title Co. ARIT chief executive John M. Robbins said, "Herb's extensive contracts in both the residential and commercial aspects of the business will be invaluable as we optimize the opportunities that lie ahead."

Credit Suisse Asset Management, a division of Credit Suisse First Boston, has named Kevin Barry head of U.S. mortgage-backed and government securities.As managing director and head of the group, Mr. Barry joins Jo Ann Corkran and Mike Buchanan, rounding out Credit Suisse Asset Management's senior team that will have responsibility for managing the firm's U.S. fixed income operations. Mr. Barry joins the firm from TimesSquare Capital Management, where he was a managing director in global fixed income.

Bobby Mehta and Sandy Derickson have been named vice chairmen of Household International Inc., Prospect Heights, Ill.HSBC North America Holdings, the holding company for Household and other U.S. and Canadian businesses, said Mr. Mehta's responsibilities will include Household's consumer lending and mortgage services businesses, HSBC Bank USA's first-mortgage operations, and the strategic planning and corporate marketing for HSBC North America. Ms. Derickson's responsibilities will include Household's retail and insurance services, refund lending, and HFC Bank UK. The holding company also announced other personnel changes, most of which take effect May 1. Household managing directors Patrick Cozza, J. C. Faulkner, Adrian Hill, and Walter Menezes have all been promoted to group executive at Household, and James Kauffman, Household senior vice president for policy and compliance, has been named executive vice president for policy and compliance at HSBC North America. In addition, Seamus McMahon will join Household as an EVP; Household controller Kay Nelson has been promoted to SVP and chief accounting officer; and Jeanne Ebersole, Household's VP for human resources, will move to HSBC Bank USA in New York as EVP for human resources. The companies can be found online at http://www.household.com and http://www.us.hsbc.com.