Sorrento Capital hired Steve Ozonian as its executive chairman of the board. The addition comes closely after the group’s acquisition of REO.com, which is part of a plan to expand into the residential and consumer finance industries.

Ozonian comes to Sorrento Capital from Coldwell Banker, where he held an executive position. Prior to that, he was chairman and CEO of Prudential Real Estate. Before Prudential, he was CEO of Realtor.com, a position he took after his employment as the national homeowner executive for Bank of America.

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