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MERS Taps Former CitiMortgage Chief as New President and CEO

""MERSCORP, Inc."":http://www.mersinc.org, which operates the Mortgage Electronic Registration Systems (MERS) database, has appointed mortgage industry veteran Bill Beckmann as president and CEO.

""We're delighted to have Bill at the helm at an important time in MERSCORP's history,"" said Kurt Pfotenhauer,[IMAGE] [COLUMN_BREAK]

chairman. ""His knowledge of the mortgage industry and exceptional management experience will be instrumental as we continue to implement initiatives to strengthen and improve the MERS brand.""

Beckmann is former president of Beckmann Insights, LLC, an independent consulting firm. He was also chairman and CEO of CitiMortgage, Inc. He also held leadership positions within Citigroup's real estate servicing and technology group, as well as the Student Loan Corporation.

""I'm excited to be joining the MERSCORP team and looking forward to leading an organization that provides a unique and vital service to the nation's housing finance system,"" said Beckmann.

Beckman replaces ""R.K. Arnold, who resigned"":http://dsnews.comarticles/mers-announces-retirement-of-president-and-ceo-rk-arnold-2011-01-24 as MERS' president and CEO in January.

Beckmann holds an M.S. in management from the Stanford Sloan Program and a B.A. in mathematical economics from Brown University.