WILLIAMSBURG, VA, August 10, 2016 — Flatirons Capital Management, LLC (FCM) a full secondary marketing service provider focused on maximizing the profitability of mortgage bankers, announced today that its members have elected President Michael Francis to succeed CEO John Ohman.  Mr. Ohman will transition out of day-to-day operations to allow him to pursue development of hedging strategies for a variety of industries.  Mr. Ohman is supporting Flatirons and its clients as he continues to transfer process and system knowledge to the Flatirons team.

“John has made significant contributions to FCM since forming the company in 1996,” said Mr. Francis.  “His dedication and experience assisted more than one-hundred mortgage entities in maximizing revenue through enhanced secondary marketing capabilities.”

Executive Vice President, Brent Buckmaster, stated, “We know what our clients value most.  We remain committed to providing the same exceptional technologies and services that they’ve come to trust, with some additions that will increase their profitability and efficiency.”

During the past couple of years, Flatirons Capital Management has worked diligently to prepare for this change. “We are excited about the future of the company,” says Rob Wiseman, COO of Flatirons Capital Management. “The new management team has extensive experience in the mortgage lending, financial, and technology industries, and we are well positioned to resume our leadership in this arena.”