Market Overview

Ellie Mae Names Jonathan Corr President

Ellie Mae (NYSE: ELLI), a leading provider of enterprise-level, on-demand automated solutions for the residential mortgage industry, today announced that Jonathan Corr has been named president and chief operating officer (COO). In this role, he will now be responsible for managing the company's day-to-day operations.

Corr will continue to report to Sig Anderman, the company's chairman and chief executive officer.

“It's hardly a secret that Jonathan has played a central role in Ellie Mae's growth,” said Anderman. “He was our ‘point man' in the concept and creation of Encompass®, a strong advocate for our software-as-a-service (SaaS) strategy, and he's worked closely with me to complete and successfully integrate our major acquisitions, including DataTrac® and Mavent®. Since our successful initial public offering in 2011, he has also been heavily involved in our investor relations program.”

Anderman added, “Going forward, Jonathan and Ed Luce, our chief financial officer, will handle the day-to-day management of Ellie Mae. This, in turn, will allow me to focus my time and energies more fully on our long-term growth strategy, new corporate and client initiatives, and potential acquisitions.”

An 11-year veteran of Ellie Mae, Corr was named COO in 2011. Earlier, he led the company's product management efforts and was chief strategy officer. In 2007, he was recognized in Mortgage Banking Magazine's list of IT All-Stars for his contributions in mortgage technology. Prior to Ellie Mae, Corr held executive level positions at PeopleSoft, Inc. and Kana Software.

Corr has a Bachelor of Science degree in Engineering from Columbia University and a Master of Business Administration degree from Stanford University.

Posted-In: News Management

 

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