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PennyMac Mortgage Investment Trust Announces Scott Sauer Joined Its Board of Trustees

  • PennyMac Mortgage Investment Trust (NYSE: PMT) appointed Scott Sauer to its Board of Trustees.
  • Sauer brings over three decades of experience in the financial sector to the role.
  • David Spector, Chairman & CEO of PMT, cited Sauer's background in institutional leadership & corporate governance as valuable for driving long-term shareholder value.
  • Sauer spent nearly 20 years as an audit partner at Deloitte & Touche LLP, specializing in financial transformations, public offerings, & mergers for banking, fintech, & asset management clients.
  • He currently serves on the Board of Directors for the West Point Association of Graduates, Chairing the Audit & Compensation Committees while Vice-Chairing the Finance Committee.
  • Sauer is a licensed Certified Public Accountant (CPA) & holds a Directorship Certification from the National Association of Corporate Directors (NACD.DC).
  • He holds a B.S. from the United States Military Academy at West Point & an MBA from Seattle University.
  • PMT is a mortgage REIT investing primarily in residential mortgage loans & related assets, externally managed by PNMAC Capital Management, LLC.
  • PNMAC Capital Management is a wholly-owned subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI).