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Charbonneau Leaves CKI Brokerage.(named president and chief executive at McAfee Mortgage)(Brief Article)
After 20 years of selling servicing portfolios and mortgage franchises, Larry Charbonneau is hanging up his investment banking spurs - to run a mortgage company.
"It was a great run and I learned a lot, but I decided to do something different," said the founder of Charbonneau-Klein Inc. of Houston.
Mr. Charbonneau was recently named president and chief executive of McAfee Mortgage, Lubbock, Texas, a subsidiary of the Texas-based Plains Capital Bank.
Mr. Charbonneau said he didn't see the job offer coming but when an old friend of his, Carl Odom, wanted to retire as president and CEO of McAfee, he decided to make a mini-career change.
Mr. Odom, he said, tried to step down, but executives at McAfee's bank parent "ripped up his letter of resignation." Mr. Odom then appealed to his long-time friend to join McAfee and leave the servicing brokerage world behind. Mr. Odom remains as chairman of the mortgage company.
Ironically, at CKI, Mr. Charbonneau sold McAfee Mortgage not once but twice. And ...
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Source: HighBeam Research, Charbonneau Leaves CKI Brokerage.(named president and chief executive...