VantageScore chief executive Silvio Tavares steps down after five years

VantageScore president and chief executive officer Silvio Tavares is stepping down after leading the credit scoring company for five years. HousingWire and MarketScreener both report that the company announced the leadership change on October 30. The board of directors has named Anthony Hutchinson as interim chief executive officer while a formal search for a permanent successor is conducted. [1][4]

HousingWire reported that VantageScore did not provide a reason for the departure of Tavares. The board credited him with driving company growth and strengthening its overall market position during his five year tenure. [1]

According to HousingWire, Hutchinson has worked at VantageScore for four years, where he previously led public affairs and government relations efforts. Prior to joining VantageScore, Hutchinson held roles at Fannie Mae, Freddie Mac, and the National Association of Realtors. [1]

Hutchinson will work alongside the board and management team during the transition period. Additional updates will follow as the board conducts its executive search. [1]