Divvy Homes, a proptech provider, announced today a number of new hires and promotions.

Lucia Franzese has been promoted to chief revenue officer. Franzese joined Divvy in February 2019 with a focus on leading customer and agent acquisition. Under her leadership, the sales and marketing teams have grown the number of homes closed by 25x and have onboarded nearly 30,000 partner agents. Franzese’s team has grown to 75+ teammates and continues to prioritize driving revenue growth for Divvy.

Shirley Lin has been promoted to chief product officer. Lin joined Divvy as vice president, product in January 2021 to accelerate its next phase of product development.

Since joining, she has designed and implemented proprietary capabilities in areas such as customer underwriting, property valuation, and conversion. For example, Lin revamped the product for Divvy’s nearly 30,000 agents and delivered a 40 percent increase in approval rates for self-employed customers. In her new role as chief product officer, Lin will lead a group of 11 across product and design who will focus on driving growth through automation and differentiated customer and agent experiences.

John Lee has been hired by Divvy Homes as the company’s new chief operating officer. Lee joins Divvy following nearly eight years at Blackstone where he last served as a managing director in the private equity group. Prior to Blackstone, he worked at TPG and Merrill Lynch, and earned degrees from Harvard Business School and Stanford University. Lee will oversee all operational functions of the business and provide strategic vision to the organization.

New senior hires and promotions across marketing and sales, operations, finance, and data science include:

  • Alex Kaufman – hired as vice president, data science & analytics
  • Bill Hoch – promoted to vice president, strategic finance
  • Kyle Zink – hired as vice president, marketing & communications
  • Molly Nelson – hired as vice president, sales
  • Pete Nichols – hired as vice president, engineering
  • Spencer Thorp – promoted to vice president, home operations
  • Torie Runzel – promoted to vice president, people

The Divvy Homes team has tripled to more than 210 in the last 12 months, with more than a quarter of new hires coming from internal referrals. With an increased focus on diversity and inclusion team building in 2021, Divvy Homes doubled Black and Latinx representation from 9% to 18% and increased female representation from 35% to 42% across all levels, and more than doubled women in tech (product, engineering, data science, and design) to 25% representation.

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