Mortgage industry veteran Bob Dougherty has been promoted to EVP of Business Development at California-based Calyx Software, taking the helm after predecessor Dennis Boggs retired on June 30 after 27 years with the company.
“On behalf of everyone at Calyx, I want to thank Dennis for his numerous contributions, which helped our company grow from a small startup to a leading mortgage technology provider,” said Doug Chang, Founder and CEO of Calyx Software. “As our industry evolves, it is critical to have a leader in place that not only understands mortgage technology, but also the client-focused culture that drives our decision-making at Calyx. Bob’s outstanding performance over the past two years, his experience as a mortgage lender and his dedication to providing a high-quality customer experience will make this a smooth transition for our company and our clients.”
Dougherty joined Calyx in 2016 as VP of Business Development. He previously served as VP of Mortgage Operations at Merchants Bank in Winona, Minnesota, where he led operation and secondary marketing functions for its mortgage banking division.
Prior to Merchants Bank, Dougherty was EVP at Boom Brother Commercial Capital, an intermediary consulting firm facilitating commercial financing for commercial/multi-family buildings with specialization in difficult to fund loans. He also served as CEO at Timberland Mortgage Services, a former lender and underwriter of residential mortgage loans in Minnesota, Wisconsin, Kansas, and Colorado. Dougherty began his career in loan officer/management roles at Moneylink and Equicredit Corporation.
In this new role, Dougherty will be responsible for developing and maintaining client and vendor relationships, as well as setting the strategic direction of the Calyx Software product line, which includes its Point, PointCentral, and Path loan origination systems. Dougherty will also oversee daily operations of the company, including sales, customer support, marketing, and legal.