February 10, 2017 / 4:13 PM / 6 months ago

Quicken shakes up top management ranks

Feb 10 (Reuters) - Quicken Loans, the second largest U.S. mortgage lender, has promoted President Jay Farner to chief executive amid a shakeup of its top management, the company announced Friday.

Bill Emerson, the outgoing CEO, becomes Vice Chairman of Rock Holdings, Quicken's parent company. (Reporting by Dan Freed in New York, Editing by Franklin Paul)

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