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Financial Services Law Insights and Observations

CFPB Announces Senior Staff Changes

CFPB

Consumer Finance

On April 12, the CFPB announced several senior leadership changes and additions to its team. Elizabeth Ellis, who previously had served as the CFPB’s Deputy Assistant Director for the Office of Financial Institutions and Business Liaison and Senior Advisor to the CFPB’s Chief of Staff, was named the Deputy Associate Director for the External Affairs Division. Seth Frotman will serve as the new Student Loan Ombudsman and Assistant Director for the Office for Students and Young Consumers, positions he previously filled on an acting basis. Katherine Gillespie and Grady Hedgespeth will serve as the Deputy Associate Director for the Consumer Education and Engagement Division and the Assistant Director for the Office of Small Business Lending Markets, respectively. Chris Johnson will serve as the Assistant Director for the Office of Consumer Response, after having served in that role on an acting basis. Finally, John Schroeder was named the Midwest Regional Director for the Office of Supervision Examinations, a position he previously held on an acting basis.