The Top 10 Performing Stocks on Wednesday

7. UWM Holdings Corp. (NYSE:UWMC)

UWM Holdings rallied by 8.22 percent on Wednesday to finish at $5.79 apiece following the appointment of its new chief financial officer (CFO).

In a statement on Tuesday, UWMC named Rami Hasani as its new CFO, effective on April 1. He replaced Andrew Hubacker, who moved into a senior advisor role for the company.

Hasani joined UWMC in November 2020 as vice president for financial reporting and compliance.

“We are thrilled to announce Rami’s transition into the role of CFO, a position he has rightfully earned through the confidence of myself, our leadership team, and the entire organization,” said UWMC President and CEO Mat Ishbia. “Since joining UWM in 2020, he has been a valuable part of our team, and we have no doubt he will continue to make a significant impact in this new role. We also extend our gratitude to Andrew for his many contributions as our CFO and appreciate his continued expertise in his new role as a senior advisor.”

Prior to joining the company, Hasani spent over 15 years at Deloitte & Touche, LLP, most recently serving as a Senior Manager in the Advisory practice. He also holds a bachelor’s degree from Oakland University in accounting and has been a Certified Public Accountant since 2004.