Ellie Mae [1], a cloud-based platform provider for the mortgage finance industry, announced that Dan Madden will join the organization as EVP and CFO on December 20, 2018. Madden will report to Jonathan Corr, Ellie Mae’s President, and CEO.
“Ellie Mae is leading the industry as we drive toward our mission of providing the true digital mortgage to lenders of all sizes,” Corr said. “Dan’s extensive financial, operational and strategic experience coupled with his knowledge of technology and SaaS businesses will be a huge asset to Ellie Mae as we continue to grow. We look forward to having Dan’s leadership and expertise on our team.”
Most recently, Madden served as CFO for Revel Systems, a cloud-based POS platform, where he led the growing organization’s finance team. Prior to joining Revel, Madden was the CFO at Cepheid, a publicly traded leading molecular diagnostics company, and VP Finance & Corporate Controller at Symmetricom, where he led the company’s finance, accounting, and investor relations functions. Previously, Madden held financial leadership positions at Sonic Solutions, Advanced Fibre Communications, and McKesson. He began his career with Ernst & Young and holds a bachelor of science in Business Administration from California State University, Sacramento.
“I am excited to join Ellie Mae at such a pivotal time for the company,” said Madden. “Ellie Mae has been an industry leader for two decades and I’m thrilled to join the seasoned team as we continue on the path together toward transforming the mortgage industry.”
Ellie Mae’s digital mortgage solution enables banks, credit unions, and mortgage lenders to originate more loans, lower origination costs and reduce the time to close, all while ensuring compliance, quality, and efficiency. Ellie Mae serves over 2,500 lenders and mortgage brokers who originate approximately 35 percent of all residential mortgages and more than 26 million transactions per month.