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American Pacific Mortgage (APM) is undergoing a significant leadership restructuring as it prepares for the retirement of its long-standing chairman and former president and CEO, Bill Lowman. Lowman, who has been a pivotal figure in the company's journey for over two decades, will be stepping down later this month, marking the end of an era. The company is set to embark on a new chapter with a clear succession plan, ensuring continuity and sustained growth. This transition underscores APM's commitment to maintaining its strong foundation and strategic vision.

Following Lowman's departure, Ned Payant, who currently holds the CEO position, will transition into the role of chairman of the board, where he will continue to guide the company's overarching strategic direction. Dustin Sheppard, the current president of APM, is poised to take the helm as the new CEO, succeeding Payant. Sheppard's ascent to the top leadership role is a testament to his contributions in enhancing operational efficiency, spearheading strategic initiatives, and fostering a collaborative corporate culture. The leadership team expresses confidence in Sheppard's ability to steer APM towards future successes, building on the legacy of his predecessors.

A Legacy of Leadership and Strategic Transition

American Pacific Mortgage is undergoing a significant leadership change as its longtime chairman and former CEO, Bill Lowman, prepares for retirement after more than two decades of dedicated service. Lowman's profound impact on the company's growth and stability is widely acknowledged, with colleagues expressing deep gratitude for his vision and commitment. His leadership has been instrumental in shaping APM's core values and setting the stage for its enduring success in the mortgage industry. The company is committed to a smooth transition, ensuring that Lowman's legacy continues to inspire its future endeavors.

Bill Lowman's decision to retire marks a pivotal moment for American Pacific Mortgage, signifying the culmination of over 20 years of transformative leadership. His tenure saw the company expand its influence and solidify its market position, thanks to his unwavering dedication and strategic foresight. Although stepping down from his executive roles, Lowman will remain an integral part of APM, continuing to serve on its board of directors. This arrangement ensures that his invaluable experience and institutional knowledge will still be available to guide the company through its next phase of development, emphasizing a seamless transition of power and expertise.

New Era: Dustin Sheppard Takes the Helm as CEO

As part of the leadership transition, Ned Payant, the current CEO, will assume the prestigious role of chairman of the board, retaining his influence over the company's strategic roadmap. The spotlight then shifts to Dustin Sheppard, who currently serves as APM's president and is now slated to become the new CEO. Sheppard's promotion is a recognition of his exceptional leadership skills and his instrumental role in advancing the company's operational capabilities, driving key strategic initiatives, and cultivating a robust culture of teamwork. His proven track record makes him the ideal candidate to lead APM into its next chapter of innovation and expansion.

Dustin Sheppard's appointment as CEO represents a new chapter for American Pacific Mortgage, building upon his significant achievements as president. His leadership has been critical in enhancing efficiency and fostering a strong collaborative environment across the organization. Ned Payant has expressed immense confidence in Sheppard, highlighting his embodiment of APM's core values and his ability to inspire trust among employees and partners. With licensed operations in 49 states and a workforce exceeding 2,700 across nearly 300 branches, APM, under Sheppard's guidance, is poised to continue its trajectory of excellence and sustained growth, leveraging its strong foundation to achieve new milestones in the mortgage sector.