NEXA Lending Appoints Geri Farr as CEO; Mike Kortas Becomes Executive Partner
NEXA Lending has announced a leadership transition with Geri Farr being named Chief Executive Officer, succeeding Mike Kortas who will take on the role of Executive Partner. This move is intended to separate operational responsibilities from strategic innovation and growth initiatives. Kortas emphasized his focus remains on driving company growth and enabling loan officers to increase their earnings rather than managing daily operations. He praised Farr for her ability to lead NEXA effectively, stating that she is better suited for the CEO role. The transition reflects a long-standing professional relationship between Kortas and Farr dating back nearly two decades. Farr brings extensive experience in leading organizations through growth phases and has assembled an experienced executive team at NEXA. This leadership structure aims to support innovation while ensuring strong operational execution.
Topics: company growth executive appointment leadership transition