Onity Group Announces Appointment of Robert Welborn to Board of Directors
Onity Group (NYSE: ONIT) announced that Robert S. Welborn was appointed to the Board of Directors effective October 1, 2025. According to the press release, Welborn brings data science and analytics leadership from roles at Meta (2020–2024), General Motors (2018–2020), and USAA (2009–2017), and has served as a director of NOV since 2021. The PR states the company expects his expertise to support its technology innovation agenda.
Also per the PR, DeForest B. Soaries Jr. informed the Board he will not stand for re-election at Onity’s 2026 Annual Meeting on May 20, 2026 and will continue serving until that date. The company thanked him for service since 2015.
Onity Group (NYSE: ONIT) ha annunciato che Robert S. Welborn è stato nominato nel Consiglio di Amministrazione con effetto 1 ottobre 2025. Secondo il comunicato, Welborn porta leadership in scienza dei dati e analisi da ruoli presso Meta (2020–2024), General Motors (2018–2020) e USAA (2009–2017), ed è stato amministratore di NOV dal 2021. Il comunicato stampa afferma che si aspetta che la sua esperienza supporti l’agenda di innovazione tecnologica dell’azienda.
Sempre secondo il comunicato, DeForest B. Soaries Jr. ha informato il Consiglio che non si presenterà alle elezioni al prossimo 2026 Annual Meeting del 20 maggio 2026 e continuerà a ricoprire la carica fino a tale data. L’azienda lo ha ringraziato per il servizio prestato dal 2015.
Onity Group (NYSE: ONIT) anunció que Robert S. Welborn fue designado al Consejo de Administración con efecto a partir del 1 de octubre de 2025. Según el comunicado, Welborn aporta liderazgo en ciencia de datos y analítica desde roles en Meta (2020–2024), General Motors (2018–2020) y USAA (2009–2017), y ha sido director de NOV desde 2021. El comunicado indica que la empresa espera que su experiencia apoye su agenda de innovación tecnológica.
También según el comunicado, DeForest B. Soaries Jr. informó a la Junta que no se postulará para la reelección en la Junta Anual 2026 del 20 de mayo de 2026 y continuará prestando sus servicios hasta esa fecha. La empresa le agradeció por su servicio desde 2015.
Onity Group (NYSE: ONIT)가 Robert S. Welborn을 2025년 10월 1일부로 이사회에 임명했다고 발표했습니다. 보도 자료에 따르면 Welborn은 Meta (2020–2024), General Motors (2018–2020), USAA (2009–2017)에서의 데이터 과학 및 분석 리더십을 바탕으로 NOV의 이사로도 2021년부터 활동해 왔으며, 그의 전문 지식이 기술 혁신 의제를 뒷받침할 것으로 기대된다고 합니다.
또한 보도 자료에 따르면 DeForest B. Soaries Jr.가 이사회에 2026년 5월 20일 개최 예정인 2026년 연례 주주총회에서 재선에 출마하지 않을 것임을 통보했으며, 그때까지 재직할 예정입니다. 회사는 2015년 이래 그의 봉사에 감사의 뜻을 전했습니다.
Onity Group (NYSE: ONIT) a annoncé que Robert S. Welborn a été nommé au conseil d’administration à compter du 1er octobre 2025. Selon le communiqué, Welborn apporte des compétences en science des données et en analytique issues de postes chez Meta (2020–2024), General Motors (2018–2020) et USAA (2009–2017), et a occupé le poste de directeur de NOV depuis 2021. Le communiqué précise que son expertise devrait soutenir l’agenda d’innovation technologique de l’entreprise.
Également selon le communiqué, DeForest B. Soaries Jr. a informé le conseil qu’il ne se présenterait pas à la réélection lors de l’Assemblée annuelle 2026 le 20 mai 2026 et continuera à servir jusqu’à cette date. L’entreprise le remercie pour son service depuis 2015.
Onity Group (NYSE: ONIT) gab bekannt, dass Robert S. Welborn zum Vorstand mit Wirkung zum 1. Oktober 2025 ernannt wurde. Laut der Pressemitteilung bringt Welborn Führungsqualitäten im Bereich Data Science und Analytik aus Stationen bei Meta (2020–2024), General Motors (2018–2020) und USAA (2009–2017) mit und ist seit 2021 Vorstandsmitglied von NOV. Die PR besagt, dass seine Expertise die technologische Innovationsagenda des Unternehmens unterstützen soll.
Weiter heißt es in der PR, dass DeForest B. Soaries Jr. dem Vorstand mitgeteilt hat, dass er bei der 2026er Jahresversammlung am 20. Mai 2026 nicht erneut kandidieren wird und bis zu diesem Datum im Amt bleibt. Das Unternehmen dankte ihm für seinen Dienst seit 2015.
Onity Group (NYSE: ONIT) أعلنت أن روبرت س. ويلبورن عُيّن في مجلس الإدارة اعتباراً من 1 أكتوبر 2025. وفقاً للبيان الصحفي، يجلب ويلبورن قيادة في علم البيانات والتحليلات من مناصب في Meta (2020–2024)، General Motors (2018–2020) وUSAA (2009–2017)، وكان قد شغل منصب مدير لـ NOV منذ 2021. يذكر البيان أن خبرته من المتوقع أن تدعم أجندة الشركة للابتكار التكنولوجي.
ووفقاً للبيان أيضاً، أبلغ DeForest B. Soaries Jr. المجلس بأنه لن يترشح لإعادة الانتخاب في اجتماع المساهمين السنوي لـ Onity لعام 2026 الذي سيعقد في 20 مايو 2026 وسيستمر في خدمته حتى ذلك التاريخ. وشكرت الشركة السيد Soaries على خدمته منذ 2015.
Onity Group (NYSE: ONIT) 宣布 Robert S. Welborn 自本日起于 2025年10月1日 起被任命为董事会成员。据新闻稿，Welborn 在 Meta (2020–2024)、General Motors (2018–2020)、USAA (2009–2017) 的岗位上领导数据科学与分析工作，且自 2021 年起担任 NOV 的董事。新闻稿称，公司的这项专业知识有望支持其技术创新议程。
新闻稿还称，DeForest B. Soaries Jr. 已通知董事会，他将不参加 2026年年度股东大会（2026年5月20日） 的连任，并将一直任职至该日期。公司对他自 2015 年以来的服务表示感谢。
- Board adds data science leader with Meta and GM experience (2020–2024, 2018–2020)
- Welborn has public‑company board experience as NOV director since 2021
- Appointment effective date: Oct 1, 2025 (immediate governance support)
- Long‑tenured director DeForest Soaries will depart after May 20, 2026
- Board turnover may reduce continuity from a director serving since 2015
DeForest Soaries Will Not Stand for Re-election at 2026 Annual Meeting of Shareholders
WEST PALM BEACH, Fla., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”) today announced the appointment of Robert S. Welborn to its Board of Directors (“Board”), effective October 1, 2025.
“We are very pleased to welcome Robert to the Onity Board,” said Glen A. Messina, Chair, President and CEO of Onity. “Robert brings deep domain knowledge and extensive experience in driving business insights, growth and transformation through the application of data science and analytics across various industries, including at Meta, General Motors, and USAA. His expertise will be invaluable as we continue to pursue our technology innovation agenda to deliver unparalleled performance and value for our customers while navigating an ever-evolving industry landscape. I look forward to working alongside Robert and our dedicated Board to continue executing on our strategic initiatives and maximizing value for our shareholders.”
In addition, DeForest B. Soaries Jr. has notified the Board that he has decided not to stand for re-election at Onity’s 2026 Annual Meeting of Shareholders scheduled for May 20, 2026. Dr. Soaries will continue to serve on the Board until that time.
“On behalf of the Board, I want to thank DeForest for his countless contributions to Onity since joining the Board in 2015, and for his leadership and guidance throughout the evolution of our Company,” said Messina. “We are deeply grateful for DeForest’s dedication, partnership, and unwavering commitment to our Company and shareholders. We wish him all the best in the future.”
Robert S. Welborn Background
Mr. Welborn has served as a director of NOV Inc. (NYSE: NOV), an equipment and technology provider to the global energy industry, since 2021. From 2020 through 2024, Mr. Welborn served in leadership positions at Meta Inc., most recently as the Head of Data Science and prior to that as Head of Programs Data Science, Small Business Group. Before joining Meta Inc., he held various positions within General Motors Company between 2018 and 2020, including Global Chief Data and Analytics Officer. Between 2009 and 2017, Mr. Welborn served in several positions of increasing responsibility at USAA including Chief Data Scientist. Mr. Welborn holds a Bachelor of Science in Engineering from Texas A&M University and a Master of Business Administration from the University of California, San Diego.
About Onity Group
Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation’s largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit onitygroup.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by a reference to a future period or by the use of forward-looking terminology such as “look forward to” and references to goals, strategies, and agendas, although not all forward-looking statements contain these words. Forward-looking statements in this press release include statements relating to the expected contributions of our new director, advancing the Company’s technology innovation agenda to deliver performance and value for our customers, executing on the Company’s strategic initiatives, and maximizing shareholder value.
Forward-looking statements involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, changes in market conditions, the industry in which Onity operates, and its business, the actions of governmental entities and regulators, developments in litigation matters, and other risks and uncertainties detailed in Onity’s reports and filings with the SEC, including its annual report on Form 10-K for the year ended December 31, 2024 and subsequent reports. Anyone wishing to understand Onity Group Inc.’s business should review its SEC filings. Onity’s forward-looking statements speak only as of the date they are made and Onity disclaims any obligation to update or revise forward-looking statements whether as a result of new information, future events or otherwise.
For Further Information Contact:
Investors:
Valerie Haertel, VP, Investor Relations
(561) 570-2969
shareholderrelations@onitygroup.com
Media:
Dico Akseraylian, SVP, Corporate Communications
(856) 917-0066
mediarelations@onitygroup.com
FAQ
Who is Robert S. Welborn and when did Onity (ONIT) appoint him to the board?
What experience does new Onity director Robert Welborn bring according to the press release?
When will DeForest Soaries leave Onity’s board as stated in the October 6, 2025 PR?
Does the press release say how Robert Welborn will affect Onity’s strategy (ONIT)?
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