Altisource asset management corporation announces departure of officer

Christiansted, u.s. virgin islands, may 19, 2022 (globe newswire) -- altisource asset management corporation (“aamc” or the “company”) (nyse american: aamc) today affirmed that thomas k. mccarthy's term as interim chief executive officer expires on may 31, 2022 in accordance with the terms of his employment agreement. the company will pay mr. mccarthy a bonus of $250,000 in recognition of his contributions to the company during his tenure as interim chief executive officer.
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