Proptech company welcomes new member
Proptech company Porch Group has announced the addition of a new member to its board of directors.
Effective immediately, Sean Kell will be appointed to its board of directors. He will serve on the compensation and mergers and acquisitions committees and is designated as a Class I director. The move comes as board members Javier Saade and Chris Terrill step down from their positions due to “additional external responsibilities,” a release said.
“We are pleased to welcome Sean - a highly qualified addition that will further strengthen our board,” said Porch chairman and CEO Matt Ehrlichman. “As CEO of Blue Nile and A Place for Mom, Sean brings significant operational and marketing experience that we believe will be additive to our team and strategy. His input will help us deliver our strategy and drive sustained growth and returns.” He added: “We wish Javier and Chris the best in their endeavors and are appreciative of their partnership to date.”
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As part of the shake-up, Regi Vengalil, currently chair of the mergers and acquisition committee, will replace Saade as Porch’s lead independent director.
“I am grateful for my time on the Porch board and pleased with the progress of the company’s first year as a public company,” said Saade, former lead independent director of Porch Group. “We have worked to ensure a smooth transition, and I am confident Regi is well-positioned to help guide the company into its next phase of growth.”
“The company deployed a comprehensive search process to source talent that continues to strengthen independent governance, diversity of perspective and leverages world-class perspective. Sean brings vast experience and a fresh view that will be valuable as we continue to grow in verticals such as home inspection and digital mortgage automation, and further enhance our insurance and warranty offerings,” Vengalil said.
