Porch Group appoints Sean Kell to board as independent director


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SEATTLE, March 16, 2022 (GLOBE NEWSWIRE) — Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services industry , announced today that Sean Kell will be appointed to its Board of Directors, effective March 17, 2022. Javier Saade and Chris Terrill concurrently concluded, effective upon Kell’s appointment, their service on the Board of Directors. administration of Porch, taking into account additional external responsibilities. As part of the board update, the independent board members appointed Regi Vengalil, currently chair of the board’s mergers and acquisitions committee, as the company’s lead independent director.

“We are thrilled to welcome Sean, a highly qualified addition who will further strengthen our Board of Directors,” said Porch Founder, President and CEO Matt Ehrlichman. “As CEO of Blue Nile and A Place for Mom, Sean brings significant operational and marketing experience that we believe will add to our team and strategy. Their contribution will help us implement our strategy and generate sustained growth and returns. He added, “We wish Javier and Chris the best in their endeavors and appreciate their partnership thus far.”

“I am grateful to have served on Porch’s Board of Directors and pleased with the progress of the company’s first year as a public company,” said Saade, former Lead Independent Director of Porch Group. “We have been working to ensure a smooth transition and I am confident that Regi is well placed to help guide the business through its next phase of growth.”

Vengalil added, “The company has deployed a comprehensive talent search process that continues to strengthen independent governance, diversity of perspectives and leverages a world-class perspective. Sean brings a wealth of experience and fresh insight that will be invaluable as we continue to expand into verticals such as home inspection and digital mortgage automation, and further enhance our insurance and warranty offerings. .

Kell will serve on the Compensation and Mergers & Acquisitions Committees and is designated as a Class I Director. society.

About Sean Kel

Sean Kell is Blue Nile’s Managing Director, serving in the role since 2019. He is responsible for driving Blue Nile’s strategic vision and elevating the company’s modern approach to buying handcrafted diamond rings and exquisite jewelry online. From 2011 to 2019, Mr. Kell served as CEO of A Place for Mom, a marketplace for seniors, where he was responsible for overall brand management and business development. Mr. Kell has a proven track record of building successful businesses in e-commerce, digital innovation and product management at leading online retail organizations including Expedia, Hotels.com and Starbucks. He also held various positions at McKinsey and IBM. Mr. Kell holds an MBA from the University of Chicago and a BS in Electrical Engineering from the University of Southern California.

On Porch GroupSeattle-based Porch Group, the vertical home software platform, provides software and services to more than 24,000 home service businesses such as home inspectors, mortgage companies and loan officers , title companies, moving companies, real estate agencies, utility companies and warranty companies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on essential services, including insurance, warranty, moving, security, TV/Internet, home repair and improvement, and more. To learn more about the porch, visit porchgroup.com Where porch.com.

Press contacts:Catherine AdcockGateway Group(949) 574-3860[email protected]

Contact with Investor Relations:

Walter Ruddy, Head of Investor Relations and Group TreasuryPorch (206) 715-2369[email protected]

Matt Glover/Alex ThompsonGateway Group, Inc.(949) 574-3860[email protected]

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Source: Porch Group, Inc.


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