Franklin Credit Management Team
Chairman – Thomas J. Axon
Thomas Axon is the Chairman of the Board of Directors of Franklin Credit. Mr. Axon served as the Company's President and Chief Executive Officer from 1994 until 2000. Since 1985, Mr. Axon has been the President and principal owner of RMTS Associates, LLC. Mr. Axon holds a BA in Economics from Franklin and Marshall College and attended the New York University Graduate School of Business.
Chief Operating Officer – Glenn Murphy
Glenn Murphy is the Senior Vice-President of the Asset Recovery and REO departments. The Asset Recovery department oversees the filing, enforcement and collection of money judgments. The REO (real estate owned) department, is responsible for managing or disposing of properties acquired through foreclosure in an orderly, timely, and cost-efficient manner in order to maximize clients' returns on assets, and coordinates property preservation for all first-lien properties serviced by the company and the administration of the company's Property Inspection and Homeowner Relief programs. Mr. Murphy joined Franklin Credit in 1998, and has had various roles in loan acquisitions, REO and Asset Recovery. A former U.S. Marine, Mr. Murphy graduated from Pace University, and holds a BA in Accounting, as well as an MBA (finance) with honors from the Pace/Lubin School of Business.
Chief Information Officer & Chief Information Security Officer – Bruce Grabau
Bruce Grabau is the Chief Information Officer and Chief Information Security Officer at Franklin Credit Management Corporation. With decades of hands-on experience in IT infrastructure, cybersecurity, and systems architecture, Mr. Grabau leads the company’s technology strategy, ensuring secure, scalable, and resilient operations across all platforms. His deep technical background—from datacenter overhauls and virtualization to disaster recovery and software development—gives him a unique edge in aligning IT initiatives with business goals. Prior to stepping into executive leadership, Mr. Grabau built his career in the trenches, managing complex infrastructure projects and troubleshooting systems firsthand. He attended Franklin Pierce College and the Chubb Institute, and has earned numerous industry certifications throughout his career.