Angelo Mozilo
Angelo Robert Mozilo (December 16, 1938 – July 16, 2023) was an American banker who was chairman of the board and chief executive officer of Countrywide Financial until July 1, 2008. The company's status as a major lender of subprime mortgages made it a central player in a subsequent mortgage crisis which collapsed the industry, bursting a housing bubble which had accumulated throughout the 2000s, and contributing heavily to the Great Recession. Mozilo later paid over $67 million in fines to settle a series of federal charges related to his conduct at the company.
Angelo Mozilo | |
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Mozilo in 2002 | |
Born | Angelo Robert Mozilo December 16, 1938 New York City, U.S. |
Died | July 16, 2023 84) Montecito, California, U.S. | (aged
Alma mater | |
Occupation | Business executive |
Employer | Countrywide Financial |
Spouse |
Phyllis Ardese
(m. 1961; died 2017) |
Children | 5 |
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