Porch Group Appoints Shawn Tabak as new Chief Financial Officer
November 02 2022 - 4:15PM
Porch Group, Inc. (“Porch Group” or “the Company”) (NASDAQ: PRCH),
a leading vertical software company reinventing the home services
and insurance industries, today announced the appointment of Shawn
Tabak as Chief Financial Officer (CFO), effective November 9, 2022.
Marty Heimbigner, Porch Group’s current Chief Financial Officer,
will remain with the Company for a transitional period in a
supporting role.
“I couldn’t be more thrilled to welcome Shawn to Porch Group.
With his strategic background, specifically within the technology
industry, we are confident that he is well suited to help drive our
company forward and create additional value for our customers,
employees, and shareholders,” said Matt Ehrlichman, CEO, Chairman
and Founder of Porch Group. “On behalf of our Board of Directors
and the entire Porch Group team, I would also like to thank Marty
for his leadership over the last several years.”
As the new CFO, Tabak will be responsible for the Company's
finance, accounting, audit, treasury and investor relations
functions.
About Shawn Tabak:Tabak was most recently the
CFO of Naked Wines, Plc, a leading direct-to-consumer wine
business. Prior, Tabak served as VP of Finance at Upwork, Inc., VP
of Investor Relations and Treasury at Shutterfly, LLC, and as CFO
and Senior Vice President of Finance at Clean Power Finance, Inc.
He began his career working for the big four accounting firm, KPMG
LLP, where he earned his CPA and advised clients across the
technology and internet sectors on M&A and other finance
transactions. Tabak holds a bachelor’s degree in Economics from the
University of California, Santa Barbara.
“I am delighted to join Porch Group and help reinvent homeowners
insurance while we make homeownership simpler,” said Tabak. “I am
excited to build upon the successes of Porch Group, while focusing
on profitable growth and financial performance that will generate
value for years to come.”
For more information about Porch Group’s leadership team, please
visit the Company’s Investor Relations website,
www.porchgroup.com.
About Porch
Group:Seattle-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
Group’s actual results to differ materially from those expressed or
implied in the forward-looking statements and such factors are
discussed in Porch Group’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 Group with the SEC. Copies of Porch Group’s
filings with the SEC may be obtained at the “Investors” section of
Porch Group’s website at www.porchgroup.com or on
the SEC’s website at www.sec.gov.
Porch Group ContactsInvestor
Relations:Emily Lear, Head of Investor RelationsPorch
Group(701) 214-8177Emilylear@porch.com
Press: Anna Rutter Gateway
Group (949) 386-6332PRCH@gatewayir.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/58d27f0d-c95a-47cd-926a-922c94b33274
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