NewDay USA Appoints Former Military Chief as New Director

NewDay USA this week announced it has appointed Admiral Michael Mullen to serve as director of its parent company, Chrysalis Holdings, as well as NewDay USA.

Admiral Mullen formerly served as chairman of the Joint Chiefs of Staff from 2007 to 2011, during which he was principal military advisor to presidents Barack Obama and George W. Bush. Additionally, he served as commander of U.S. Naval Forces Europe, commander of Allied Joint Force Command Naples and vice chief of Naval Operations.

The announcement comes months following the hire of former Ginnie Mae president Joe Murin as chairman of NewDay’s board. The company has since signed with Cal Ripken Jr. as company spokesman.

“We are immensely proud that Admiral Mike Mullen has agreed to join the NewDay USA board of directors,” said Rear Admiral Tom Lynch (USN, Ret.), chairman of the Board at NewDay USA.. “Beyond his unparalleled accomplishments during a 43-year career in the United States Navy, Mike is – and has always been – a passionate advocate and thought-leader in addressing challenges faced by U.S. troops and military families, both during and after their service to our country.”

NewDay has a presence not only in the reverse mortgage market but in VA loans, as serving military families and seniors are two focal points for the company.

“As our companies seek to grow and expand in the financial services marketplace, the leadership teams at Chrysalis and NewDay USA will benefit immensely from Mike’s intellectual talents and his renowned abilities as a strategic thinker who seeks ways to apply expertise to real-world challenges,” said Joe Murin, president of NewDay USA and chairman of Chrysalis Holdings.

Written by Elizabeth Ecker

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