Zaio Corp., a Canadian-based provider of appraisal reports prepared by licensed appraisers across the U.S., announced April 21 that it has expanded its executive team to include Ron Love as Zaio’s new chief financial officer, effective immediately.
“Today we are pleased to announce that Ron Love has joined Zaio as chief financial officer, effective immediately. His background and experience will be instrumental to close our acquisitions and successfully grow our footprint in U.S. markets,” Zaio President and CEO David King said. “I would also like to personally thank Craig Hauer, president of Walden Financial Corp., a Calgary-based financial consulting firm, who has served under contract as CFO to Zaio since 2011. Craig has provided much-needed resources and has participated as an investor while the company has positioned itself to exploit its unique technology by implementing a comprehensive multi-year business plan. Ron will work together with Craig Hauer to ensure a smooth transition as we complete audit and reporting requirements of our pending acquisitions.”
Love is a seasoned corporate finance executive with more than 20 years of experience building, leadin, and advising private and public companies through complex restructurings, international expansions and capital markets transactions, raising more than $600 million in various financing structures.
Love has direct experience in growing companies across North America and is active in the Canadian and U.S. capital markets. He has worked in a number of industries, with experience at Karnalyte Resources, AltaLink, Greyhound Canada, Forzani Group, and Deloitte and Touche.
Love graduated from the University of Calgary with a bachelor of commerce degree with a major in accounting. He received his Chartered Accountants designation in 1994.
“The company now has the financial resources to enable it to fully assemble the financial team it requires, and as Zaio successfully moves to close the Valuation Vision LLC and Axis Appraisal Management Inc. transactions, Zaio is adding depth and capacity to our executive management team,” King said. “Ron will join our newly expanded finance team in the United States, which includes Lawrence Stritch, located at the Axis headquarters in San Rafael, Calif., as our U.S. CFO, and Lorin Port, controller for Valuation Vision.”
Zaio announced in July 2014 that it would purchase Axis Appraisal Management for $11.25 million in cash and stock. It announced in September 2013 that it would take a majority ownership in Valuation Vision, and in December 2014, updated the agreement to be an acquisition of the company for about $4.3 million in cash and stock.