Despite 3Q Results, Common Connections Could Help Countrywide Make a Turnaround
Even though it posted negative earnings in its third quarter, the first in 25 years, Countrywide Financial is optimistic about its prospects for the upcoming quarter (see article from Intermex Power). We created an IntellectSpace Knowledge Map of Countrywide’s Board of Directors and their current corporate connections in the hopes of identifying the leadership experience that could help the company regain its successful earnings track record (Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America.
As illustrated in this Knowledge Map, nearly all of Countrywide’s Directors currently hold additional corporate leadership positions at multiple companies. Robert T Parry is currently a Director at both Janus Capital Group and Paccar Inc, and Jeffrey M Cunningham holds Executive and Board positions at companies that include Newsmarkets, Sapient and New England Ventures. Other Countrywide Directors with current management ties to multiple corporate entities are Harley W Snyder, Oscar P Robertson, Keith P Russell, Henry G Cisneros and Martin R Melone.
With the help of such extensive business leadership experience and corporate connections within Countrywide’s Board, the company is likely to follow through on its promise for a turnaround in the fourth quarter.
Click here or copy this link into your Internet Explorer browser for an interactive version of this IntellectSpace Knowledge Map: http://nv.intellectspace.com
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