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Cloudvirga Appoints New CFO

Steve DeSantisCloudvirga™, developer of intelligent mortgage point-of-sale (POS) platforms in Irvine, California, has appointed Steve DeSantis as its CFO. A seasoned technology finance executive, DeSantis will be responsible for driving Cloudvirga’s financial strategies to accelerate its growth. He will report to Cloudvirga’s recently appointed CEO Michael Schreck.

DeSantis has more than two decades of financial management experience in the technology sector. Over the course of his career, he has raised more than $250 million, taken two companies public, and sold three companies.

Most recently, DeSantis was CFO for ShiftPixy®, a disruptive human capital management services provider revolutionizing employment in the Gig Economy. ShiftPixy completed its initial public offering in June.

Prior to joining ShiftPixy, DeSantis was CFO for Predixion Software, a predictive analytics software company acquired by Greenwave Systems and Jvion Technologies. He has also held CFO roles for data warehouse solutions developer DATAllegro (acquired by Microsoft) and inventory management solutions providers Nexiant and TCI Solutions (acquired by Retalix).

“Steve’s track record of success in growing tech companies is truly impressive. He’s the ideal leader to steer Cloudvirga’s financial strategy as we continue to grow rapidly,” said Schreck.

“A unique combination of mortgage expertise and technical chops enables Cloudvirga to deliver a best-in-class digital mortgage platform that three of the country’s top eight lenders trust,” said DeSantis. “My focus will be on mapping a financial strategy that positions Cloudvirga for continued exponential growth.”

DeSantis is a Certified Public Accountant (CPA) and holds a bachelor’s degree in business and accounting and a master’s degree in business administration, both from the University of Southern California (USC) Marshall School of Business. He spent his early career as a staff auditor for Coopers & Lybrand.

About Author: Rachel Williams

Rachel Williams attended Texas Christian University (TCU), where she graduated with Magna Cum Laude with a dual Bachelor of Arts in English and History. Williams is a member of Phi Beta Kappa, widely recognized as the nation’s most prestigious honor society. Subsequent to graduating from TCU, Williams joined the Five Star Institute as an editorial intern, advancing to staff writer, associate editor and is currently the editor in chief and head of corporate communications. She has over a decade of editorial experience with a primary focus on the U.S. residential mortgage industry and financial markets. Williams resides in Dallas, Texas with her husband. She can be reached at Rachel.Williams@DNews.com.
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