Impac Names New COO, CFO

Richard J. Johnson, formerly executive vice president and chief financial officer of Impac Mortgage Holdings Inc., has been named EVP and chief operating officer of the Newport Beach, Calif.-based real estate investment trust.The previous COO, William S. Ashmore, will remain as president and director of the REIT, the company said. Gretchen D. Verdugo, formerly IMH's EVP and chief accounting officer, has been named EVP and CFO. IMH can be found online at http://www.impaccompanies.com.