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Brookstone Management Adds Wells Fargo Exec Patrick Pannkuk

Patrick Pannkuk - Brookstone - 3.23.2023Brookstone Management, a mortgage field services provider with a focus on preserving and maintaining vacant, pre-foreclosure, and REO assets nationwide, announced this week that it has added Wells Fargo exec Patrick Pannkuk to its team in the role of SVP of Business Development.

Pannkuk joins Brookstone Management bringing nearly 14 years of industry experience from multiple positions held at Wells Fargo. Most of that time was spent in the mortgage default servicing sector with a heavy emphasis on relationship management. Over the course of his more than a decade with Wells Fargo, Pannkuk served in roles spanning from Asset Recovery Manager and REO Supervisor to, most recently, SVP - Third Party Engagement & Oversight Leader. He holds a bachelor's degree in marketing from Iowa State University's Ivy College of Business.

According to Brookstone, Pannkuk's focus on building trust and rapport with a myriad of contacts from across the spectrum will allow him to build confidence throughout those relationships and help spotlight the value of the services that Brookstone provides to its partners. His education and experience in business marketing and management will also lend themselves to fostering, growing, and maintaining those strong relationships.

Brookstone notes that Pannkuk's experience in leading large groups of people and processes also positions Pannkuk to be both strategic and risk-minded in his approach. This will allow him to care for the needs of existing clients but also carry a trajectory forward into new opportunities and endeavors where Brookstone’s services and capabilities can further be leveraged and scaled into the future.

Sam Ingber, CEO of Brookstone Management, said, "Pat's guidance, strong business acumen, and ability to build and grow relationships will allow us to carry forward our mission to continue to scale into the future with existing clients but also to diversify and consider other tradelines as well that would benefit from our offerings."

Abraham Goodman, President of Brookstone Management, added, "Pat's rich history in this industry and his skill sets will bring strong value to our organization and allow for us to reach new heights both now and into the future."

About Author: David Wharton

David Wharton, Editor-in-Chief at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has nearly 20 years' experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. He can be reached at [email protected].

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