New leadership appointed at OCMBC following executive's arrest for murder and DUI charges
The Irvine, California-based mortgage company OCMBC has placed its president, Serene Vernon, on administrative leave following her arrest and the serious charges filed against her. According to reports, Vernon was charged with murder and driving under the influence (DUI) on Friday.
Vernon was arrested at the scene of an accident that resulted in the death of 88-year-old Melvin Joseph Weibel. However, no further details about the accident or the ongoing investigation have been disclosed.
In situations like this, it's common for an interim leader or acting president to be appointed to ensure continuity in management and decision-making. As of now, John Hamel, the former Chief Capital Markets Officer, has assumed the role of president at OCMBC. Hamel joined the company two years ago, according to his personal LinkedIn profile.
Despite the leadership change, OCMBC remains fully operational with no expected disruptions to service. The mortgage company serves borrowers who don't meet traditional lending requirements and is ranked as the No. 2 non-qualified-mortgage lender by Scotsman Guide.
It's important to note that Serene Vernon has a history of legal issues. In 2012, she was sentenced to 90 days in jail and treatment programs after pleading guilty to child abuse and endangerment and driving under the influence. She also had three prior convictions, according to court records.
A spokesperson for OCMBC had no further comment beyond the press release. For the most current updates on OCMBC’s leadership and any official statements regarding this matter, I recommend checking recent news reports or official company communications, as these developments can evolve rapidly.
John Hamel, the former Chief Capital Markets Officer at OCMBC, has taken over the role of president following Serene Vernon's arrest and subsequent charges of murder and DUI. Given Vernon's past legal issues, including a previous conviction for child abuse, endangerment, and DUI in 2012, the intersection of finance, business, and general-news media, as well as crime-and-justice outlets, are closely monitoring the ongoing situation at OCMBC for updates.
