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Canadian real estate tech company Real Matters has hired a new chief financial officer with more than 20 years of experience as it continues to pursue a long-term goal of expanding its U.S. residential real estate appraisal and title networks in the face of dwindling revenue.
Rodrigo Pinto
Rodrigo Pinto joins Real Matters from Royal Lepage Real Estate Services where, as vice president of finance, he led a team responsible for financial reporting, budgeting, forecasting and taxation, and also played a key role in Royal Lepage’s long-term strategy and acquisitions.
Brian Lang
Pinto, who will succeed outgoing CFO Bill Herman on April 10, is a “well-rounded and deeply experienced leader with extensive financial and real-estate industry experience, and I’m confident that his expertise will be an asset to the team,” Real Matters CEO Brian Lang said in a statement Thursday.
Lang credited outgoing CFO Bill Herman for providing “critical leadership and guidance” through the company’s 2017 initial public offering, and for “helping navigate the business through a number of mortgage market cycles.”
Bill Herman
“I am proud to have been part of Real Matters, to work alongside such a talented team and to have witnessed the Company’s accomplishments since our IPO,” Herman said. “With a solid strategy and strong balance sheet, I am confident that the company is well-positioned to achieve its long-term objectives and I look forward to watching its continued success in the coming years.” said Herman.
In 2016, Markham, Ontario-based Real Matters launched an ambitious expansion plan to provide appraisal and title services to U.S. mortgage lenders after raising $100 million (Canadian) in common equity financing.
The plan at the time was for Real…