LRES, an Orange County, Calif.-based provider of commercial and residential valuations and asset management services, has named Paul Abbamonto chief operations officer. In his new job, he will be responsible for LRES' day-to-day operating activities, including revenue and organic sales growth and meeting the company's financial goals.
Prior to joining LRES, Abbamonto served as senior vice president of default services at Old Republic Default Management Service. Prior to that, he served in executive leadership positions at a variety of financial organizations including PrimaHealth Credit, Citizens Direct, ResMAE Mortgage (Citadel Investments Group) and Countrywide Home Loans and Full Spectrum Lending, Countrywide's retail subprime division.
