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11/07/2005
MILA, Inc. NAMES MARK J. FROST AS CORPORATE TREASURE
30-year veteran of finance industry to administer mortgage lender’s capital management plan
MOUNTLAKE TERRACE, Wash. – October 26, 2005 – MILA Inc. today announced the addition of Mark J. Frost to the corporate finance team as its new Corporate Treasurer. Reporting to Chief Financial Officer, William Dougherty, Frost will be responsible for the management of a variety of capital plans as well as corporate cash flow and Treasury Management.
With more than 30 years in finance, having held high-level positions at both The Boeing Company and Getty Images, Frost holds both a BA and MBA from Seattle University.
“We are excited to add Mark to the MILA team,” explained Dougherty. “His diverse background designing and implementing innovative treasury cash management systems will be a great asset to the company.”
Frost is the most senior of what has been an onslaught of recent new hires at the company as the mortgage lender has added nearly 100 employees this year alone. Named recently to Inc. magazine’s annual 500 Fastest Growing Private Company’s list, MILA attributes its three-year growth of 803 percent to the introduction of AccessPoint, the firm’s proprietary online loan management tool.
About MILA Inc.
MILA, Inc. is one of the fastest-growing e-commerce mortgage solution providers in the nation currently serving the wholesale residential market in 26 states with a broad range of alternative mortgage lending products. Financial strength, management stability, and proprietary, cutting-edge technology give MILA the ability to meet the challenges of the ever-changing mortgage lending market and to anticipate market trends. For more information visit www.mila.com.
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