TORONTO, Sept. 19, 2011 /CNW/ - The Board of Directors of Pacific
Mortgage Group Inc. is delighted to announce the appointment of Ron
Swift as CEO of overall group operations.
Mr. Swift, a Canadian mortgage hall of famer and one of the Canadian
mortgage industry' s most recognized and respected leaders, will take
over the helm at Pacific in the coming weeks.
"The appointment of Ron Swift to lead our continuing growth at Pacific
signals the achievement of a great milestone for our company, our
shareholders and for myself personally", said Alex Haditaghi, the
company's Founder and former CEO, who will move to a key support role
as Executive Vice Chair. "I have admired and respected Ron's
accomplishments for many years and am extremely pleased that he has
agreed to lead our company forward. This is a great day for me, and for
all of our brokers, employees and shareholders."
For almost two decades, Mr. Swift held a variety of leadership roles at
a leading mortgage industry company. In the last ten years, he has
served brilliantly as its President, overseeing broker channel sales
and mortgage origination, mortgage servicing and sub servicing. A
former mortgage broker and native of Vancouver, Ron brings
extraordinary knowledge of Canada's retail mortgage business to
"I am pleased to take on this exciting challenge at Pacific at this
point in its history", said Swift. "Our industry is going through
another remarkable period of change, with a whole range of new
opportunities presenting themselves. Pacific is the perfect platform
for me to apply my company-building experience, with a real focus on
expanding our market footprint and optimizing shareholder value".
According to Alfred Apps, Chairman of the Board of Pacific Mortgage,
"Ron Swift is an industry leader with vision and an unblemished
reputation for integrity. We want to welcome him to Pacific as we work
together to take the company to the next level."
"The Board and shareholders also owe a great debt to Pacific founder,
Alex Haditaghi. We greatly appreciate his hard work and dedication
since the inception of the company. He successfully led the Company not
only through the difficult transition of a merger and acquisition, but
also through a period of tremendous growth".
"Under Alex's inspired leadership, Pacific has been recognized as the
2nd fastest growing company in Canada by Profit Magazine," said Apps.
"He and the very capable management team he attracted to Pacific have
built great systems, a profitable business model, and a solid
reputation in the mortgage brokerage and lending industry which, with
his continuing involvement as director and Vice-Chair, we intend to
SOURCE Pacific Mortgage Group Inc.
For further information:
Alex Haditaghi, CEO
myNext Mortgage Company Limited