Porch Group Announces New Business Unit Leadership Appointments
September 27 2022 - 8:30AM
Porch Group, Inc. (NASDAQ: PRCH) (“Porch Group”), a leading
vertical software company reinventing the home services and
insurance industries, today announced key business unit leadership
appointments designed to support growth across multiple market
sectors.
Nick Graham has been appointed Senior Vice
President and Group General Manager of Porch Group’s Moving
Division, effective September 26, 2022. Mr. Graham joins Porch
Group, bringing with him a wealth of strategic marketing and
marketplace acceleration experience. In his new role, Mr. Graham
will be responsible for Porch Group’s moving division, which offers
a complete suite of moving services nationwide, an industry-leading
labor only solution, and a full-service local, long distance and
corporate relation business. Most recently, Mr. Graham served as
the general manager of Hotwire, a subsidiary brand of Expedia
Group.
"At Porch, we are focused on creating positive moving
experiences by providing people with moving services that they can
love and afford,” said Matt Ehrlichman, CEO and Founder of Porch
Group. “Nick’s extensive digital marketplace experience will be key
to the continued development of our moving group as it continues to
scale quickly.”
Mindy Barker has been appointed as Chief
Financial Officer of Homeowners of America (“HOA”), a property and
casualty insurance provider and subsidiary of Porch Group,
effective September 26, 2022. Mrs. Barker has been serving as
interim CFO since November 5, 2021. Mrs. Barker is
a transformational finance and business leader with over 30 years
of experience and a proven track record in corporate financial
development. Recognized for her brilliant engineering of financial
strategies to drive value, Mrs. Barker has garnered a strong
history of accomplishments across the insurance industry.
“We are thrilled Mindy accepted a permanent position with
Homeowners of America,” said Adam Kornick, President, Insurtech
Division of Porch Group. “Mindy is a proven Chief Financial Officer
with substantial capital markets experience and a strong background
in developing financial and accounting teams, which is critical in
supporting our long-term vision and continued growth.”
About Porch GroupSeattle-based Porch Group, the
vertical software platform for the home, provides software and
services to more than 28,500 home services companies, such as home
inspectors, moving companies, real estate agencies, utility
companies, and warranty companies. Through these relationships and
its multiple brands, Porch Group provides a moving concierge
service to homebuyers, helping them save time and make better
decisions on critical services, including insurance, moving,
security, TV/internet, home repair and improvement, and more. To
learn more about Porch Group,
visit porchgroup.com or porch.com.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995. Words such as
“believe,” “intend, “demonstrate,” “expect,” “estimate,”
“anticipate,” “should” and “likely” and similar expressions
identify forward-looking statements. In addition, statements that
are not historical should also be considered forward-looking
statements. Readers are cautioned not to place undue reliance on
those forward-looking statements, which speak only as of the date
the statement was made. Such forward-looking statements are based
on current expectations that involve a number of known and unknown
risks, uncertainties and other factors which may cause actual
events to be materially different from those expressed or implied
by such forward-looking statements. Other factors may cause Porch’s
actual results to differ materially from those expressed or implied
in the forward-looking statements and such factors are discussed in
Porch’s filings with the U.S. Securities and Exchange Commission
(“SEC”), including its Annual Report on Form 10-K for the fiscal
year ended December 31, 2021 and subsequent reports filed by Porch
with the SEC. Copies of Porch’s filings with the SEC may be
obtained at the “Investors” section of Porch’s website at
www.ir.porchgroup.com or on the SEC’s website at www.sec.gov.
The forward-looking statements included in this press release
are made as of the date hereof. Porch is not under any obligation
to (and expressly disclaims any such obligation to) update any of
the information in this press release if any forward-looking
statement later turns out to be inaccurate whether as a result of
new information, future events or otherwise, except as otherwise
may be required by the federal securities laws.
Porch Group ContactsInvestor
Relations:Emily Lear, Head of Investor RelationsPorch
Group(701) 214-8177Emilylear@porch.com
Press:Anna RutterGateway Group, Inc.(949)
386-6332PRCH@gatewayir.com
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