Zaio appoints Copeland as CEO

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Zaio appoints Copeland as CEO

posted on Nov 06, 2015 12:17PM

Zaio appoints Copeland as CEO

2015-11-04 08:21 ET - News Release

Mr. Joel Strickland reports

ZAIO CORPORATION SELECTS SHANE COPELAND AS CEO

Zaio Corp.'s board of directors has appointed Shane Copeland as chief executive officer. Mr. Copeland, who currently serves as chief executive officer of the Valuation Vision business unit, will immediately succeed Joel Strickland, current chairman of the board.

"As chief executive officer and founder of Valuation Vision, Mr. Copeland has consistently demonstrated an ability to drive adoption of and revenue from new disruptive products and solutions to top financial institutions such as Fannie Mae," stated Joel Strickland, chairman of the board for Zaio. "We are pushing through a pivotal moment in our corporate history where we have real traction and customer acceptance driving adoption of our proprietary products, primarily BPOMerge."

"At Valuation Vision we set out to change the way our industry approaches real estate valuation. From the first day we met with Zaio, we have continuously been aligned in our goal of disrupting the mortgage and real estate valuation industry," commented Shane Copeland, chief executive officer. "As a real estate valuation company driven by innovative, disruptive technology, we have the focus and reach into top lenders and financial institutions in the United States to capture market share from traditional valuation products."

Mr. Copeland brings more than 20 years of experience in the mortgage and valuation disciplines in the real estate industry. Throughout his career he has achieved success in executive management, sales, product innovation and operations, building his skill set for this new role. His experience has touched nearly every facet of the mortgage banking industry including title, data and analytics, appraisal management, and valuation, always advancing the utilization of advanced technology. Mr. Copeland has developed a reputation for delivering results and disrupting conventional wisdom with his constant focus on profitability, execution and sustained revenue growth.

Zaio is also currently in discussions with several candidates to fill the board seat vacated by David Gregory.

Zaio will also be holding a conference for shareholder to discuss recent changes on Thursday, Nov. 5, 2015, at 4 p.m. Eastern Time hosted by Joel Strickland, chairman of the board of directors. Along with Mr. Stricland, Shane Copeland, chief executive officer of Zaio, Ernie Durbin, chief valuation officer of Valuation Vision, Phil Wazonek, president and chief operating officer of Zaio, and Ron Love, chief financial officer of Zaio, will all be on the call.

During the call, the management team of Zaio will be discussing the change in management, along with providing details on the direction of the company's corporate strategy for the duration of 2015 and plans for the year ahead.

A question-and-answer session will follow the corporate update.

Conference call details

Date: Thursday, Nov. 5, 2015

Time: 4 p.m. Eastern Time

Participant dial-in numbers

Local -- Toronto: 1-416-764-8688

Local -- Calgary: 1-587-880-2171

Toll-free -- North America: 1-888-390-0546

Conference ID: 08793348

Recording playback numbers

Toronto: 1-416-764-8677

Toll-free -- North America: 1-888-390-0541

Pass code: 793348 followed by the number sign

Expiry date: Thursday, Nov. 12, 2015, at 11:59 p.m. Eastern Time

We seek Safe Harbor.

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