News Column

LRES Announces Susheel Mantha as Chief Financial Officer

August 12, 2014

10-year LRES veteran to direct financial planning, strategy and forecasts

ORANGE, Calif.--(BUSINESS WIRE)-- LRES, a national provider of residential and commercial valuations and asset management for the mortgage, banking, credit union and real estate industries, has promoted Susheel Mantha to chief financial officer.

As CFO, Mantha is responsible for overseeing the financial activities and accounting practices of LRES. Additionally, she will identify opportunities for expansion and influence future company growth by directing financial strategy, planning and forecasts. In addition, she is responsible for managing the financial risks of the company and reporting financial performance to the board and LRES shareholders.

“It is an honor to increase my role and pursue my passion of financial forecasting and planning for such a visionary company as LRES,” said Mantha.

Before accepting the role of CFO, Mantha served as a controller in the accounting department at LRES, where she was responsible for monitoring cash flow and ensuring accurate and timely financial reports. Prior to joining LRES, she served as divisional controller for a large industrial services company where she supervised payroll, accounts receivable and accounts payable as well as assisted in the preparation of annual tax returns.

“Susheel’s in-depth knowledge of LRES and her broad experience in various accounting roles in the past two decades made her the natural choice for this role,” said Roger Beane, CEO of LRES. “Susheel will continue to have a strong leadership role with our company as she now manages the financial growth and forward-focused direction of LRES.”

About LRES

Orange County, Calif.-based LRES is a national residential and commercial financial services provider offering property valuations, asset management and technology solutions for clients. With more than 13 years of continued growth, LRES offers complete and customized solutions and managed business processes for the origination and default markets. For more information about LRES, visit its website at www.lres.com.




For LRES Corp.

Sarah Wroble, 678-781-7236

sarah@williammills.com


Source: LRES


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Source: Business Wire


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