GMACCH Creates 'Office of Chairman'

GMAC Commercial Holding Corp., Horsham, Pa., has formed an “office of the chairman” and named four executives to positions in the newly created body.The office of the chairman will serve as the senior decision-making body of the commercial real estate lender, formulating corporate strategy and interacting with GMAC Financial Services, GMACCH said. The members of the office are: David Creamer, chairman of GMACCH; Charles E. Dunleavy Jr., vice chairman of the company; Robert D. Feller, who has been promoted to chief executive officer of the company; and Scot B. Barker, who has been promoted to president and chief operating officer of GMACCH. Mr. Feller and Mr. Barker will be responsible for daily operations, while Mr. Creamer and Mr. Dunleavy will focus on long-term strategy and “working with key stakeholders” to ensure the continued growth of the company, GMACCH said.