PennyMac Financial Services named Tiffany To to its board of directors, adding an enterprise AI and software executive with experience spanning Atlassian, ForAllSecure, Cohesity, Nutanix and VMware.
To is the CEO and co-founder of Ontollo. Before that, she was EVP and GM of Enterprise & Platform at Atlassian, where she led the enterprise business and platform teams. At ForAllSecure, she served as chief operating officer and a board member.
PennyMac said the appointment comes as the company continues to lean on its technology platform in mortgage lending and servicing.
The company said it employs about 5,300 people. For the 12 months ended March 31, 2026, PennyMac originated $154 billion in loans, and as of March 31, 2026, it serviced $720 billion in unpaid principal balance. As a result of these announcements, the company's shares have moved -0.12% on the market, and are now trading at a price of $80.585. Check out the company's full 8-K submission here.
