IMX Exchange, a wholesale Internet mortgage lender, has named Richard Wilkes president and chief executive officer.

Mr. Wilkes succeeds John Hummer, a partner in Hummer Winblad Venture Partners, who is to remain chairman of IMX Exchange's board of directors.

Mr. Wilkes was most recently president of GMI Group Millennium LP, a Texas mortgage outsourcing firm that performs third-party services for mortgage originators.

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