Gregory S. Tornquist, President and CEO of Cenlar FSB a federally chartered savings bank specializing in mortgage subservicing, announces the appointment of Rob Lux to the position of Executive Vice President and Chief Information Officer (CIO).

Mr. Lux will join Cenlar on October 2nd and will assume responsibility for providing overall technology strategy and oversight of Cenlar's Information Systems to all areas of the company with regard to new and existing technology.

"Rob's appointment reflects his impressive work history spanning over 30 years in the financial industry and wide ranging technology experience in providing focused and timely project delivery and operational capabilities," said Gregory S. Tornquist, President and CEO of Cenlar FSB.

"It is his experience and leadership that will enable Cenlar to continue to meet our clients servicing needs and grow our subservicing business," said Mr. Tornquist.

Mr. Lux earned a Bachelor of Science degree from Drexel University with a major in Management Information Systems and a Master of Science degree in Engineering from University of Pennsylvania.

Before joining Cenlar, he worked at Freddie Mac as an EVP, Chief Information Officer, where he managed all IT systems, performed IT legacy remediation, and performed regulatory oversight that improved business performance and reduced operational costs.

About Cenlar FSB

Cenlar FSB, an employee owned company headquartered in Ewing, New Jersey, is the nation's leading residential mortgage subservicer. Cenlar delivers world-class service and flexible, customized private label servicing solutions to its client base, which includes banks, thrifts, credit unions, and mortgage bankers. More information can be found by visiting www.cenlar.com.