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Dorado Adds Executive Vice President to Lead New Managed Services Business
Seasoned Executive To Guide Dorado’s Delivery of Mission-Critical, On-Demand Solutions For Home Lending
San Mateo, Calif.—July 12, 2004—Dorado, the leader in mission-critical, on-demand solutions for home lending, today announced the appointment of Chad Schneller to the position of executive vice president, Managed Services. In his new role, Mr. Schneller will be responsible for growing the Dorado Managed Services business, including the development and deployment of comprehensive service solutions that employ best practices for production, security, compliance, and business continuity. Dorado makes this critical hire as the company continues to elevate its customer focus on total service delivery.
Chad Schneller joins Dorado with over 25 years of executive management experience setting strategic direction and building recurring revenues for enterprise software companies. Most recently, Mr. Schneller served as president of Exigen, Inc. where he built a global customer base of over 300 blue-chip enterprises, and oversaw the integration of multiple technology company acquisitions. Mr. Schneller has also held C-level positions at Triad Systems Corporation, Harvest Software, and Pindar Development Corporation. Mr. Schneller began his career at IBM where he ultimately served as vice president of the Northeast region.
“Chad is a critical hire as Dorado continues to increase our focus on delivering comprehensive, on-demand solutions,” said Dain Ehring, CEO, Dorado. “Dorado Managed Services provides the infrastructure, expertise, and processes to ensure that our customers stay competitive with reliable, scalable, and flexible mission-critical solutions. We’re excited to bring in a seasoned executive to manage this vital part of our business. Chad will successfully guide the development of the Managed Services group, having already built multiple strong, operationally solid businesses.”
“To the customer, on-demand solutions mean high availability and rapid access,” said Schneller. “Providing these types of solutions to the lending industry is the Dorado Managed Services charter. I am thrilled to play a pivotal role in the development and success of this key business within Dorado.”
Dorado Corporation
Dorado Corporation is the leader in Web services-based applications for home lending. Dorado’s innovative enterprise solutions are installed by many top-tier lenders, enabling more than 100,000 lending professionals to increase efficiency and productivity at the point of sale. The solutions also drive cross-sell/up-sell opportunities by increasing workflow flexibility, improving decisioning, and simplifying technology integrations for leading lenders such as Chase Manhattan Mortgage Corporation, Citigroup, Countrywide Home Loans, and Washington Mutual. www.dorado.com
Copyright © 2004 Dorado Corporation. All rights reserved. Dorado ChannelMaster is a registered trademark of the Dorado Corporation. Dorado, the Dorado logo, Dorado PriceMaster, Dorado SourceMaster, and Dorado .MOR are trademarks of Dorado Corporation. Other company and/or product names may be trademarks or registered trademarks of their respective companies.
Press contact:
Melinda Mattei
Dorado Corporation
650-227-7329
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