Ellie Mae Names Jonathan Corr CEO, Effective Feb. 1

MarketWatch Pulse

Ellie Mae said Monday it has appointed Jonathan Corr as chief executive, effective Feb. 1. The maker of software for the residential mortgage industry said Corr, a 12-year veteran of the company, was most recently president and chief operating officer. The company said its former CEO, Sig Anderman, will become executive chairman. Ellie shares were barely changed in after-hours trade, but have gained 17% in the last three months, while the S&P 500 has gained 2.7%.

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