Tech Moves

Tech Strikes: Porch Group CFO will step down; OfferUp authorized chief joins SeekOut

Marty Heimbigner. (Porch Photograph)

— Porch Group CFO Marty Heimbigner is leaving the Seattle-based dwelling providers firm. In a brand new SEC submitting posted Friday, Porch stated that it “mutually agreed” with Heimbigner to start out a seek for his successor. He’ll stay CFO for as much as six months through the transition interval.

“Marty has made a huge impact getting Porch Group to the place we’re and it’s the proper time for Marty to discover his subsequent alternative and for Porch Group to welcome our go-forward CFO,” Walter Ruddy, head of investor relations at Porch, stated in a press release to GeekWire. “We’re very appreciative of his influence and efforts.”

Heimbigner joined Porch in June 2020. He beforehand held monetary management roles at WASH Multifamily Laundry Methods; Maven; Pacific CFO Group, BSQUARE, and different firms.

After focusing in its early years on offering shoppers with dwelling enchancment knowledge, Porch reinvented itself as a supplier of enterprise useful resource planning (ERP) and customer-relationship administration (CRM) software program to dwelling providers firms

Porch grew to become publicly traded on the Nasdaq in December 2020 via a merger with a particular function acquisition firm (SPAC), elevating $322 million within the course of. It reported $192.4 million in income for 2021, up 166% year-over-year, and a internet lack of $106.6 million, up from $54 million.

Different personnel adjustments throughout the Pacific Northwest tech business:

  • Carmen Greatest, who served as Seattle Police chief from August 2018 to September 2020, joined Microsoft as director of worldwide safety danger operations.
  • Sam Shaddox, former affiliate normal counsel and assistant secretary at used items market OfferUp, joined recruiting software program startup SeekOut as vice chairman and head of authorized.
  • West Monroe, a digital consulting firm, promoted a number of executives at its Seattle workplace. They embody Dan Howell, senior associate of healthcare & life sciences, Jon Magin, managing director of mergers and acquisitions, and Jeremy Bruck, managing director of mergers and acquisitions.

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