Exceleras Promotes Tom Simon to CEO


Tom Simon is the new CEO at Exceleras, which provides software that accelerates property disposition to mortgage servicers and the REO agents and vendors who serve them.

In addition, Michael D. Romano will now serve as chief operating officer. Both men joined the company in 2020.

Simon’s extensive career has been built inside large, Fortune 100 companies, including Motorola, Baxter Healthcare, HP and CNA Insurance. He specializes in building effective, customer-focused organizations, cultivating leadership, aligning culture, and optimizing talent.

Simon also has significant experience in Six Sigma and Lean and has focused on bringing these principles to Exceleras to create a more efficient and compelling user experience for the firm’s clients.

“Tom and Michael have brought to Exceleras a fresh perspective and innovative ideas that have us thinking about our company and our industry like never before.” says Jonathan Kunkle, long-time board member of Exceleras, in a release. “As a result, the board has never been more confident and more excited about the future of our business.” 

“At Exceleras, we consider ourselves to be a 16-year-old start-up company,” Simon says. “During the pandemic, we took the opportunity to reinvent ourselves and our platform. As current and potential customers emerge from the pandemic with steadily increasing inventories and reduced staffing levels, our investments are already paying big dividends.”

“With the contributions of our team, we believe we now have a great story to tell, and we intend to stay the course, continuing to transform our company and our industry,” Romano adds. “We know our best days are ahead of us and we’re looking forward to an exciting and prosperous future.”

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