Since July when Lone Wolf announced that Patrick Arkeveld would assume the position of CEO, the company has done some shuffling.

Today the real estate transaction management software company revealed the addition of three new top-level hires in the areas of product, development and marketing.

The reason for the shift? “To improve the speed and delivery of new product innovation and customer support while simplifying the product portfolios,” the company wrote in a press release.

At the same time that Arkeveld became CEO (and founder and former CEO Lorne Wallace became executive chairman) the company had also received a capital infusion from its venture capital backer since March 2015, Vista Equity Partners.

The value of the funds was not disclosed, but the investment’s purpose was to drive new business and product development.

The three hires who will help lead that charge to use “next-generation technologies” and better understand “consumer challenges” include:

  • Executive Vice President of Development, Scott Gowdish (formerly Senior Director of Software Development for Sabre)
  • Vice President of Product Management, Matt Goddard (who brings over 15 years of experience in product management)
  • Vice President of Marketing, Kate Annis (who most recently served as Global Director of Marketing at Dow Jones & Company for six years)

“These organizational changes will drive needed focus to the business, further enabling us to meet the needs of our core customer base: real estate brokers,” Arkeveld commented in a press release.

Is there more to the reorganization shift? This week, Greg Robertson wrote on VendorAlley that LoneWolf had laid off more than 60 employees in the “second cut I’m aware of.”

Annis responded in an email to a request for comment: “No other real details to share. The quote from Patrick in the press release really does speak to the why the reorganization took place.”

Lone Wolf reports working with nearly 10,000 real estate offices and 250,000 real estate agents in North America. In April, the company acquired web marketing and technology solution provider WhereToLive.com to facilitate its vision of a fully integrated real estate office.

Email Caroline Feeney

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription