New York-based RECOVCO, a national due diligence firm and mortgage quality control and valuation service provider, appointed Randy Lightbody as its new CEO.

Most recently, Lightbody served as executive vice president of sales, marketing and strategy for Digital Risk.

Over the past 27 years, he has held various senior executive roles at companies including Morgan Stanley, Bank One, Royal Bank of Canada, and Countrywide Bank.

In his new role, he is tasked with executing RECOVCO's strategic vision during the company's rapid growth phase.

"Randy's acute vision, exceptional driven leadership, deep expertise and proven track record in the industry make him the ideal leader for our company for the long run,” said Craig Pino, RECOVCO ‘s president.