Sharga leaves RealtyTrac for Carrington
Rick Sharga will leave his post at RealtyTrac to develop branding and marketing strategies for Carrington Mortgage Holdings as an executive vice president. Carrington has a variety of companies including the mortgage servicing line, property and real estate businesses and others. Sharga was the senior vice president for RealtyTrac, which tracks foreclosure filings across the country and issues widely used monthly and quarterly reports. Sharga has given presentations to the Federal Reserve, the Senate Banking Committee and major banks such as JPMorgan Chase (JPM), Citigroup (C) and Deutsche Bank. He was also a keynote speaker at HousingWire's 2011 REO Expo and the 2010 Auburn University Economic Forum. "Rick brings a skill set that is critical at this point in our company's growth," said Carrington founder and CEO Bruce Rose. Sharga said Carrington has a unique and complex business model. "Clearly communicating the company's value proposition to multiple audiences across a number of market segments poses equally unique challenges, and I'm looking forward to creating a compelling and powerful market presence for the company," Sharga said. In an statement emailed to HousingWire, RealtyTrac CEO James Saccacio said Sharga will be missed. "While we are sad to see Rick leave, we are also happy for him and the new opportunity he is stepping into. We’re grateful for all of Rick’s hard work helping to build RealtyTrac into a powerful brand while also building a strong team that is now well-positioned to continue moving the company forward," Saccacio said. "While Rick is truly irreplaceable, he has built up a strong team that is well-equipped to carry on the day-to-day operations that he oversaw as well as long-term strategies that he helped to shape." Write to Jon Prior. Follow him on Twitter @JonAPrior.