Impac Mortgage Holdings Inc. CFO Todd Taylor is stepping down to pursue other professional opportunities.

Taylor will stay with the company until June 30 to ensure a smooth transition of his responsibilities.

Brian Kuelbs has been named executive vice president and CFO, replacing Taylor. Kuelbs' appointment takes effect May 21.

Kuelbs was CFO for public and privately held real estate finance companies, depository institutions and private equity-backed ventures.