Countrywide Trio Promoted

Countrywide Credit Industries Inc., Calabasas, Calif., has announced the promotion of three senior managers to newly created managing directorate positions. David Bigelow, managing director for strategic planning, will lead Countrywide's strategic planning as well as continuing to manage the Corporate Development Department and oversee communications projects. Jennifer Shiley Sandefur, managing director for investor relations, will be the primary contact with the equity and fixed-income investment community and will continue as treasurer of Countrywide Home Loans. She will also be responsible for direct equity capital-raising activities and for managing relations with credit rating agencies and commercial banks, Countrywide said. David Spector, managing director for secondary marketing, will oversee trading execution and related functions, including relationships with government-sponsored enterprises and the development of secondary marketing systems. Mr. Spector was most recently executive vice president for secondary markets.