Jim Saccacio RealtyTrac CEO.JPG

James Saccacio

CEO, RealtyTrac

 

Jim Saccacio joined RealtyTrac as Chairman and CEO in October 2000. In the ensuing years, Jim has been the catalyst in transforming the company from a little-known listing service for real estate agents into the fastest-growing real estate site on the Internet - and a company delivering explosive revenue growth. In a period of less than three years, Jim led RealtyTrac past every other Web site in the category and has taken the company from a difficult financial period to one in which it enjoys healthy and ongoing profitability.

In his 20 year career, Jim has developed a knack for bringing structure to chaotic environments and repurposing existing assets in creative ways to take advantage of new market opportunities. Prior to joining RealtyTrac, Jim was the principal of the Transition Management Group (TMG), a turnaround specialty firm. While at TMG, Jim managed the successful turnaround of a $75 million consumer products company and orchestrated the strategic acquisition of an $11 million foam fabrication business by a $50 million privately held company. At Elite Leather Company, a manufacturer of leather furniture, he served at various times as COO, EVP sales, VP finance and operations, and controller. Before joining Elite, Jim was an assistant vice president with Bank of America, in the Corporate Banking Division, where he was responsible for lending programs to Fortune 1000 companies. Jim began his career at Bank of America as one of only 50 undergraduates chosen to receive accelerated training within the company's North American Division, which catered to Fortune 500 corporations.

Jim has a B.B.A. in Accounting and Finance from Southern Methodist University and an M.B.A. from the University of California at Irvine.