Ralene Ruyle, chairman and chief executive officer of EMC Mortgage Corp., Lewisville, Texas, has announced that she will begin to transition out of a day-to-day role in the company and will officially retire from EMC at the end of next May.Ms. Ruyle was hired in 1987 by The Bear Stearns Cos., the parent organization of EMC, and she started EMC Mortgage in 1990 while working from a small office in Irving, Texas, with a staff of three, the company said. She was named president and CEO of EMC in 2002, and she also holds the title of senior managing director at Bear Stearns.
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