BNET Industries
Market Cap:$973.5M
Last Fiscal Year Sales:$2.5B
- Public
- US
Dow Jones Description
Direct Consumer Mortgages & Fleet Management Services
President, CEO, MortgageMark R. Danahy
Number of Employees 5,080
Peer Companies
NAICS Code All Other Nondepository Credit Intermediation: 522298
Recent Events
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Kilroy is here and acting CEO of PHH Corp.
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PHH Corp. PHH Appoints Kilroy Acting CEO, Egan Chairman
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PHH names acting CEO
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Market Report -- In Play PHH
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PHH Corporation Announces the Closing of $1.0 Billion of TALF-Eligible Asset Backed Notes Issued by...
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PHH profit plummets
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RPT-HEADLINE STOCKS-U.S. stocks on the move on May 1
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FIRST COAST TICKER: Forecasts vary - widely - for area mortgage manager
News & Analysis
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phh corp. - All News and Analysis
PHH Corp. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions We will take our first question from Jade Rahmani - KBW. Jade Rahmani - KBW I wanted to ask if the $30 million to $40 million revenue decline you expect in the Fleet Management business in 2009 is based on the 4Q run rate of...
PHH Corporation. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. Our first question today will come from Bose George with KBW. Bose George - KBW Hey, good morning. I had a question on the CP roll. Could you just go over how the discussions with the bank are going? Also, since the government is...
PHH Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Certainly. Operator instructions And our first question comes from Bose George with KBW Investments. Bose George – KBW Investments Guys good morning. Terry Edwards Good morning Bose. Bose George – KBW Investments I had a couple of questions on the...
PHH Corporation to Present at KBW Diversified Financial Services Conference
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) is scheduled to present at the Keefe, Bruyette & Woods Diversified Financial Services Conference on Wednesday, June 4, 2008 at 1:20 p.m. eastern daylight time in New York City. Terence W. Edwards, president and chief executive officer, will make the presentation.
PHH Corporation Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And our first question of the morning, we’ll go to Frank at FBR (Friedman, Billings, Ramsey). Frank – FBR Hi, good morning. Question on the funding side for the fleet business; you mentioned the increasing fee related to the Chesapeake Funding. Could explain this...
PHH Corporation Announces First Quarter 2008 Results
PHH to host conference call at 10:00 a.m. EDT on May 9, 2008
PHH Corporation Sets Date for First Quarter 2008 Earnings Conference Call
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) today announced that it will hold its first quarter 2008 earnings conference call on Friday, May 9, 2008 at 10:00 a.m. EDT.
PHH Corporation Announces Completion of Offering of Convertible Senior Notes
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) announced today the closing of its private placement of $250 million in aggregate principal amount of 4.00% Convertible Senior Notes Due 2012 (the "notes"). The aggregate principal amount of the notes issued reflects the full exercise of the over-allotment option granted to the...
PHH Corporation Prices Private Offering of Convertible Senior Notes
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) announced today the pricing of $220 million in aggregate principal amount of 4.0% Convertible Senior Notes Due 2012 (the "notes"). We have also granted the initial purchasers of the notes a 30-day over-allotment option, beginning on and including the first date of original...
PHH Corporation Announces Proposed Private Offering of Convertible Senior Notes
MT. LAUREL, N.J. -- PHH Corporation (NYSE:PHH) today announced its intention to offer $150 million in aggregate principal amount of convertible senior notes due 2012 (the "notes"), subject to market and other conditions. PHH also expects to grant the initial purchasers of the notes a 30-day over-allotment option, beginning on...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mark R. Danahy | President, CEO, Mortgage |
| Sandra Bell | CFO & Executive Vice President |
| Mark E. Johnson | Treasurer & Senior Vice President |
| William F. Brown | General Counsel, Secretary & Senior Vice President |
| Karen McCallson | Vice President, Public Relations |
| Michael D. Orner | Controller & Vice President |
| Nancy Kyle | Vice President, IR |
| George J. Kilroy | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| A. B. Krongard | Corporate Governance Committee Chairman |
| James W. Brinkley | Compensation Committee Chairman |
| Ann D. Logan | Board of Directors |
| James O. Egan | Board of Directors |
| Jonathan D. Mariner | Board of Directors |
| Terence W. Edwards | Board of Directors |
Mark R. Danahy serves as Senior Vice President and Chief Financial Officer of PHH Mortgage. Mr. Danahy has served as Senior Vice President and Chief Financial Officer of Cendant Mortgage since April 2001, and is responsible for directing the corporate accounting and financial planning teams, which include financial reporting, asset valuation and capital markets accounting, planning, and forecasting. Mr. Danahy joined Cendant Mortgage in December 2000 as Controller. From 1999 to 2000, Mr. Danahy served as Vice President, Capital Market Operations for GE Capital Market Services, Inc.
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | President, CEO, Mortgage | Current |
| PHH Corporation | CFO, Mortgage & Senior Vice President | Former |
Sandra Bell serves as EVP and CFO of PHH Corporation. Sandra brings over 24 years of experience in the financial industry, most recently as Executive Vice President and Chief Financial Officer of the Federal Home Loan Bank of Cincinnati from 2004 to 2006, where Ms. Bell managed the development, profitability and risk of the core business lines of the Bank. She also led the strategic financial management and reporting functions, including SEC reporting; treasury, including funding and capital and risk management; credit services, including the lending and credit risk management functions; and management of a whole loan mortgage portfolio. From the end of 2006 until accepting the position with PHH, Ms. Bell was the Managing Partner of Taurus Advisors, LLC, a strategic financial advisory firm where she most recently was involved in advising clients on investments in the financial sector. Prior to assuming her position at the Federal Home Loan Bank, Ms. Bell had been a Managing Director at Deutsche Bank Securities, where she had been employed for 13 years.
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | CFO & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | Treasurer & Senior Vice President | Current |
| Phh Corporation Is Limited | Senior Vice President and Treasurer -- Phh Corporation | Current |
| Phh Corporation Is Limited | Board of Directors | Current |
| PHH Corporation | Treasurer & Vice President | Former |
| Phh Corporation Is Limited | Vice President and Treasurer | Former |
| Cendant Mortgage | Vice President, Secondary Marketing | Former |
| Avis Budget Group, Inc. | Assistant Treasurer | Former |
| Avis Budget Group, Inc. | Board of Directors | Former |
William F. Brown serves as Senior Vice President, General Counsel and Corporate Secretary of PHH Corporation. Mr. Brown has served as Senior Vice President and General Counsel of Cendant Mortgage since June 1999 and oversees its legal, secretarial, contract, licensing and regulatory compliance functions. Mr. Brown also serves on Cendant Mortgage's Executive Quality Control Committee. From June 1997 to June 1999, Mr. Brown served as Vice President and General Counsel of Cendant Mortgage. From January 1995 to June 1997, Mr. Brown served as Counsel in the PHH Corporate Legal Department.
| Organization | Position | Status |
|---|---|---|
| Avis Budget Group, Inc. | Senior Vice President and General Counsel | Current |
| PHH Corporation | General Counsel, Secretary & Senior Vice President | Current |
| PHH Corporation | General Counsel | Former |
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | Vice President, Public Relations | Current |
| PHH Mortgage Corporation | Vice President, Public Relations | Current |
| PHH Corporation | Director, Public Relations | Former |
Michael D. Orner serves as Vice President and Controller, a position he has held since March 2005. Prior to joining PHH, Mr. Orner was employed by Millennium Chemicals, Inc. as Corporate Controller from January 2003 through March 2005 and Director of Accounting and Financial Reporting from December 1999 through December 2002. Prior to joining Millennium Chemicals, Inc., Mr. Orner served as a Senior Manager, Audit and Business Advisory Services for PricewaterhouseCoopers, where he was employed from September 1989 through November 1999.
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | Controller & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | Vice President, IR | Current |
| Organization | Position | Status |
|---|---|---|
| Bankers Trust Company Inc. | Chairman | Current |
| PHH Corporation | Corporate Governance Committee Chairman | Current |
| Alex. Brown Incorporated | Chief Executive Officer | Former |
| Alex. Brown Incorporated | Chairman | Former |
| PHH Corporation | Board of Directors | Former |
| Bankers Trust Company Inc. | Team Member | Former |
James W. Brinkley has served as Director of Legg Mason, Inc., a holding company that, through its subsidiaries, provides financial services to individuals, institutions, corporations, governments and government agencies, since its formation in 1981. Mr. Brinkley has served as a Senior Executive Vice President of Legg Mason since December 1983. Mr. Brinkley became Chairman of Legg Mason Wood Walker, Incorporated (LMWW), Legg Mason's principal brokerage subsidiary, in February 2004. Mr. Brinkley previously served as LMWW's Vice Chairman and Chief Executive Officer from July 2003 through February 2004, as its President from 1985 until July 2003 and as its Chief Operating Officer from February 1998 until July 2003.
| Organization | Position | Status |
|---|---|---|
| PHH Corporation | Compensation Committee Chairman | Current |
| Legg Mason, Inc. | Senior Executive Vice President | Former |
| Legg Mason Wood Walker, Inc. | Principal | Former |
| Legg Mason, Inc. | Executive Officer | Former |
| Legg Mason Wood Walker, Inc. | Chairman | Former |
| PHH Corporation | Director | Former |
| Legg Mason, Inc. | Director | Former |
Ann D. Logan has worked with various non-profit organizations since July 2000, and is currently Chair of the Annual Fund at Bryn Mawr College and a member of the College's campaign steering committee. Ms. Logan was an Executive Vice President at Fannie Mae from January 1993 to July 2000. Ms. Logan ran the single-family mortgage business at Fannie Mae from 1998 to 2000 and was the Chief Credit Officer from 1993 to 1998. From 1989 to 1993, Ms. Logan was a Senior Vice President in charge of Fannie Mae's Northeast Regional Office in Philadelphia. Prior to joining Fannie Mae, Ms. Logan was Assistant Vice President at Standard & Poor's Corporation in New York. From 1976 to 1980, Ms. Logan worked for the U.S. Senate Judiciary Committee and served as the Committee Staff Director in 1980.
| Organization | Position | Status |
|---|---|---|
| Annual Fund, Inc. | Chairman of Board | Current |
| Bryn Mawr College | Chair, Annual Fund | Current |
| PHH Corporation | Board of Directors | Current |
| Phh Corporation Is Limited | Board of Directors | Current |
| Fannie Mae | Chief Credit Officer | Former |
| Fannie Mae | Senior Vice President, Northeast Regional Office In Philadelphia | Former |
| Standard & Poor's | Assistant Vice President | Former |
| Bryn Mawr College | Board of Directors | Former |
| Fannie Mae | Team Member | Former |
Mr. Kilroy is responsible for the management of the company. He is also a member of the Board of Directors for PHH Corporation, PHH Arval's parent company. Mr. Kilroy was promoted to President and Chief Executive Officer of PHH Arval in March 2001. In his previous position as Senior Vice President, Business Development, he was responsible for new client sales, client relations, and marketing for PHH Arval's U.S. operations. Mr. Kilroy joined PHH Arval in 1976 as an Account Executive in the Truck and Equipment Division and was promoted to increasingly responsible management positions, including head of Diversified Services and Financial Services. Prior to joining PHH Arval, he was a Regional Manager for Ryder Truck Rental. He currently serves as the President of the American Automotive Leasing Association (AALA), a leading national trade association representing the commercial fleet leasing industry.
| Organization | Position | Status |
|---|---|---|
| Phh Arval | Chief Executive Officer | Current |
| Phh Arval | President | Current |
| Phh Arval | Account Executive | Current |
| PHH Corporation | Director | Current |
| Phh Arval | Senior Vice President, Business Development | Former |
| Ryder Truck Rental Inc | Regional Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Stratus Technologies, Inc. | Board of Directors | Current |
| PHH Corporation | Board of Directors | Current |
Jonathan D. Mariner has been the Executive Vice President and Chief Financial Officer of Major League Baseball since January 2004. From March 2002 to January 2004, Mr. Mariner served as the Senior Vice President and Chief Financial Officer of Major League Baseball. From December 2000 to March 2002, Mr. Mariner served as the Chief Operating Officer of Charter Schools U.S.A., a charter school development and management company. Mr. Mariner was the Executive Vice President and Chief Financial Officer of the Florida Marlins Baseball Club from February 1992 to December 2000. Mr. Mariner currently serves on the Boards of Directors of BankAtlantic Bancorp, Inc. and Steiner Leisure, Limited, both of which file reports pursuant to the Securities Exchange Act of 1934.
| Organization | Position | Status |
|---|---|---|
| Phh Corporation Is Limited | Director | Current |
| Bankatlantic Bancorp, Inc. | Board of Directors | Current |
| Steiner Leisure Limited | Board of Directors | Current |
| PHH Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| PHH Mortgage Corporation | President & CEO | Current |
| PHH Corporation | Board of Directors | Current |
| PHH Corporation | President | Former |
| PHH Corporation | Vice President of Investor Relations | Former |
| PHH Corporation | Director, Mortgage Finance | Former |
| PHH Corporation | Treasury Operations Analyst | Former |
Executive News
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PHH Names Fleet Management Exec as Acting CEO & President
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PHH Names Kilroy As Acting CEO, Egan As Chairman
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PHH Corp. Names New Acting CEO & Board Chairman
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PHH names acting CEO
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PHH Arval head named interim CEO of PHH Corp.
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PHH Corp. CEO departs
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Kilroy is here and acting CEO of PHH Corp.
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Mortgage originator PHH says CEO steps down
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PHH CEO Terence Edwards Steps Down; Names George Kilroy Acting CEO - Update
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PHH Arval head named interim CEO of PHH Corp.
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Market Report -- In Play (PHH)
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PHH Corp. Appoints George Kilroy As Acting CEO And President - Quick Facts
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PHH Corporation Names Acting Chief Executive Officer and New Board Chairman
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PHH Corporation Names Acting Chief Executive Officer and New
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PHH Corp. (PHH) Appoints Kilroy Acting CEO, Egan Chairman
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Kilroy is here and acting CEO of PHH Corp.
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