Calyx Software, a comprehensive mortgage software solutions provider for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, recently promoted Bob Dougherty to executive vice president of business development.
Dougherty was tapped to take over for Dennis Boggs who retired on June 30 after 27 years with the company, according to a press release.
“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,” Calyx Software founder and CEO Doug Chang said in the release. “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.”
In his new role, Dougherty is responsible for developing and maintaining client and vendor relationships and setting the strategic direction of the Calyx Software product line, which includes its Point, PointCentral and Path loan origination systems. He also will oversee daily operations of the company, including sales, customer support, marketing and legal.
Dougherty joined the company in 2016 as vice president of business development. Previously, he was vice president of mortgage operations at Merchants Bank in Winona, Minn., where he led operation and secondary marketing functions for its mortgage banking division. Prior to that, Dougherty was executive vice president at Boom Brother Commercial Capital LLC, 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 in Burnsville, Minn., and Equicredit Corporation in Roseville, Minn.