DALLAS, July 10, 2018 (GLOBE NEWSWIRE) -- Calyx Software ® , a leading provider of comprehensive mortgage software solutions for banks, credit unions, mortgage bankers, wholesale and correspondent lenders and brokers, today announced the promotion of Bob Dougherty to Executive Vice President of Business Development. He replaces Dennis Boggs who retired on June 30, 2018 after 27 years with the company.

In this 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. He will also 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, Winona, Minn., where he led operation and secondary marketing functions for its mortgage banking division. Prior to Merchants Bank, 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 Chief Executive Officer 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, Burnsville, Minn., and Equicredit Corporation, Roseville, Minn.

“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 Chief Executive Officer 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.”

About Calyx Software Calyx Software ® is a provider of innovative solutions to help streamline and simplify all phases of the loan process. The company’s loan origination software offerings include Point ®, PointCentral ® and Path ® for banks, credit unions, mortgage bankers and brokers; INK-it ® , a secure electronic signature solution; WebCaster ® , a website development tool; and Zip™, the most affordable, easy-to-use loan interview conveniently accessible to borrowers via a personalized URL. For more information call (800) 362-2599 or visit www.calyxsoftware.com .

Contact:

Campbell Lewis Communications Jessica Ruiz-Krout 212.995.8058 jessica@campbelllewis.com