Generation Mortgage Chief Financial Officer Carl Rojas has confirmed to RMD he will depart from his CFO post at the end of the year. 

Rojas, who was hired as CFO in February after working for Generation as a consultant and then as corporate comptroller, has served the industry actively in his time with Generation a member of the Coalition of Independent Seniors. He has advocated for reverse mortgage products in Washington D.C. on numerous occasions and says he is committed to remaining in the business.

“I firmly believe that we are still in the land grabbing stages of this industry, I’m just ready to place my bet elsewhere,” Rojas told RMD in an email. “That being said, I appreciate all of my experiences at Generation, it was supposed to be a very temporary gig as an accounting consultant and turned into much more. I wish the entire remaining Generation team the very best.”

When asked whether Generation has hired a new CFO, the company said as a matter of policy it does not discuss specific employees. The announcement comes following the recent departure of Generation’s wholesale head, Kim Smith, from the company. Sources tell RMD the two departures are unrelated.

Written by Elizabeth Ecker