Porch Group Adds to its Leadership Team with Noteworthy Hires

Rhea-AI Summary

Porch Group (NASDAQ: PRCH) has announced key management appointments to enhance its operations and corporate development. Janet Zimmermann joins as Vice President of People, bringing over 20 years of HR experience from companies like Amazon and Microsoft. Emily Lear is appointed Head of Investor Relations to strengthen financial community engagement, having previously worked at MDU Resources Group. Sofia Rossato takes on the role of President and General Manager of Floify, overseeing its growth in mortgage solutions. These appointments aim to drive innovative value across the company.

Positive

• Appointment of experienced leaders enhances strategic direction.
• Janet Zimmermann's HR expertise expected to improve company culture.
• Emily Lear's background in investor relations may strengthen financial community engagement.
• Sofia Rossato's leadership in Floify aims to boost business growth.

Negative

• None.

SEATTLE, May 31, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, is pleased to announce the appointment of three key members to its management team. These additions to the Porch Group leadership team provide strategic guidance to the Company’s ongoing corporate development and drive innovative value across several of the organizations departments.

Janet Zimmermann has been appointed as Vice President of People to lead Porch’s human resource functions and the scaling of its People organization. In this role, Zimmermann will leverage her expertise to continue developing the high-performance team and strong company values at Porch Group. A seasoned human resources executive, Zimmermann brings more than 20 years of experience to elevate Porch’s strategic People initiatives. Previously, she served in several human resources leadership positions at TransWest, Amazon, Philips Healthcare, Microsoft, and Sun Microsystems. Zimmermann has collaborated closely with senior business leaders throughout her career to establish people practices that power business operations and culture.

Emily Lear has been appointed as Head of Investor Relations and will focus on deepening Porch Group’s engagement with the financial community, strategic planning, and market analysis. In addition to these responsibilities, Lear will also oversee the Company’s public relations efforts. Prior to Porch Group, Lear spent almost 8 years at MDU Resources Group, Inc. (NYSE: MDU), a Fortune 500 company, where she led investor relations efforts.

Sofia Rossato has been appointed as President and General Manager of Floify, LLC, the Company's mortgage industry point-of-sale solution, and will manage the overall operations, growth, and performance of Floify on behalf of Porch Group. Rossato brings over 20 years of executive leadership experience to the role, previously as the Chief Executive Officer at SnapEngage, LLC, as well as holding leadership positions at IHS Markit and Wall Street on Demand.

“The people at Porch Group are our biggest advantage. I am very pleased to announce the appointment of such outstanding women to important leadership roles across the company. We take great pride in the diversity of our workforce,” said Matt Ehrlichman, CEO, Chairman and Founder of Porch Group, Inc. “I couldn’t be happier that Janet has joined as Vice President of People and will help us become an even greater place to work. Emily has a keen understanding of the financial community and will help us extend our relationships and tell our story to this important group of stakeholders. Sofia brings a wealth of knowledge in growing leading-edge mortgage and technology companies and is going to do great things as she helps to grow our business.”

About Porch Group
Porch Group is a Seattle-based, vertical software platform for the homeowner industry. Porch provides software and services to over 25,500 home services companies such as home inspectors, utility companies and loan officers, home inspectors, warranty companies, and real estate agencies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, warranty, moving, security, TV/internet, home repair and improvement, and more. To learn more about Porch, visit porchgroup.com or porch.com.

Press Contact:
Catherine Adcock
Gateway Group, Inc.
(949) 574-3860
PRCH@gatewayir.com

Investor Relations Contacts:
Emily Lear, Head of Investor Relations
Porch Group
(701) 214-8177
Emilylear@porch.com  

Matt Glover/Alex Thompson
Gateway Group, Inc.
(949) 574-3860
PRCH@gatewayir.com

FAQ

What are the recent management changes at Porch Group (PRCH)?

Porch Group appointed Janet Zimmermann as Vice President of People, Emily Lear as Head of Investor Relations, and Sofia Rossato as President and General Manager of Floify.

How will the new appointments impact Porch Group (PRCH)?

The new appointments aim to strengthen strategic operations, enhance company culture, and improve engagement with stakeholders.

What is Janet Zimmermann's role at Porch Group (PRCH)?

Janet Zimmermann will lead the human resource functions as Vice President of People, focusing on developing a high-performance team.

Who is Emily Lear and what is her role at Porch Group (PRCH)?

Emily Lear has been appointed as Head of Investor Relations, focusing on engaging with the financial community and overseeing public relations.

What position does Sofia Rossato hold at Porch Group (PRCH)?

Sofia Rossato is the President and General Manager of Floify, responsible for managing its operations and growth.