Williams & Williams, a real estate auction and collateral risk management company, announced executive changes within the Default Sales Division. The move is "intended to give greater autonomy and more control to sales executives to provide superior customer-focused solutions and services to the company's institutional clients," the company said in a press release.
EVP Elsa Lewis, who has led the Division since 2003 and groomed leadership from within, is stepping down to pursue other interests.
Doug Turner, currently COO of Williams, Williams & McKissick and formerly head of Operations, Information Technology, and Auction Network, will now oversee sales, service, and operations for the Default Sales Division. In his new role, Turner will work closely with sales executives and clients to devise disposition solutions.
Matt Fogerty, currently Director of Default Sales, and formerly head of Customer Service and Operations, will assume responsibility for National Default Sales. Fogerty has been groomed in default disposition from the ground up and has a deep understanding of clients' needs.
Melissa Wheat, currently Manager of Client Relations for the company's largest institutional clients, will step into a sales role. Prior to Williams & Williams, Wheat was Branch Sales Manager for a division of HSBC Bank. Wheat has been a member of the Default Sales Solutions team for nearly 10 years.
"This leadership team represents a deep bench of talent that is well prepared to deliver on the needs of current clients and to attract new relationships, focused on loan workouts that reduce foreclosures and measurably improve timeliness, net proceeds and transparency for all real estate sale stakeholders. Together they have a unique combination of strategic creativity and innovation, an intimate understanding of the auction sales method and default disposition, and an unwavering focus on the customer," Turner said.