Glenn Brunker has been named president of Oak Street Mortgage LLC, a mortgage lender based in Carmel, Ind.Mr. Brunker was most recently executive director of marketing and retail sales of the company. He previously held executive positions at Household International, Bank One, and Boatmen's Bank. Steve Alonso, chairman and chief executive officer of Oak Street, said Mr. Brunker's assumption of the company's day-to-day operations "will allow me to more fully focus on driving strategy while identifying further growth and diversification opportunities." The company can be found on the Web at http://www.oakstreetmortgage.com.
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This is the second acquisition deal Old Republic has been involved in this year, after selling its title production business in January.
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