REALTYTRAC PROMOTES MICHAEL KEANE TO NEWLY CREATED POSITION OF CHIEF PRODUCT OFFICER
By RealtyTrac Staff
Position allows for greater focus on product development and strategic planning
IRVINE, Calif. – July 21, 2008 – RealtyTrac (http://www.realtytrac.com/), the nation’s leading online foreclosure marketplace, today announced that Michael Keane, its Chief Technology Officer for the past three years, has been promoted to fill the newly created position of Chief Product Officer, effective immediately.
Keane’s new title will be Founder/Chief Product Officer, and the new position will allow him to focus his attention entirely on feasibility analysis, development and implementation of new products for RealtyTrac. A search for a new Chief Technology Officer is underway.
“Michael has really been the brains behind our technology, and I was very fortunate to have his vision and expertise as one of the company’s founders when I took on the CEO position,” said James J. Saccacio, RealtyTrac CEO. “Now, as we continue to accelerate the growth of the company and build on its success, I can think of no one more suited or better qualified to create and integrate new product concepts and ideas into the RealtyTrac website and improve our customers’ experience for the long term.”
With the company since its inception in 1996, Keane has played a key role in RealtyTrac’s growth from a small, regional startup with a handful of employees, to its current status as the nation‘s leading publisher of foreclosure data. Keane and his team have delivered a number of first-in-the-industry innovations, including a patent-pending integration of aerial photography into the RealtyTrac website, and a mapping solution that allows users to drag and drop their way across the United States, viewing all foreclosure-related activity in an intuitive graphical user interface.
About RealtyTrac Inc.
Ranked as the third largest real estate site by MediaMetrix and No. 53 on Inc. magazine’s 2006 Inc. 500 list of the nation’s fastest-growing private companies, RealtyTrac Inc. (http://www.realtytrac.com/), is the leading online marketplace for foreclosure properties, providing all the resources that home seekers, investors and real estate agents need to locate, evaluate and buy properties below market value.
RealtyTrac publishes the largest and most comprehensive national database of pre-foreclosure, foreclosure, For Sale By Owner, resale and new construction properties, with more than 1 million properties across the country, property reports, productivity tools and extensive professional resources. RealtyTrac hosts nearly 3 million unique visitors monthly and has been chosen to supply foreclosure data to MSN Real Estate, Yahoo! Real Estate and The Wall Street Journal’s Real Estate Journal.
For more information, visit http://www.realtytrac.com/. Also check out our blog at www.foreclosurepulse.com.
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Media Contact:
Michelle Sabolich
Atomic Public Relations
415-402-0230
michelle.sabolich@atomicpr.com