Candescent Capital Ventures, LLC (CCV) recently announced Adam Johnston has joined the firm as the senior vice president, chief program management and valuation officer, according to a press release.
In his new role, Johnston will drive the strategic execution and alignment of innovative products and services being developed in Candescent’s portfolio of companies.
“Adam’s diverse background in valuations, collateral risk, mortgage lending, mortgage insurance, and program management will be instrumental to the future plans of Candescent Capital Ventures and its subsidiaries,” Mark Linné, CEO of CCV, said in the release. “Our companies will be doing some very exciting work over the next 18 months and Adam will be one key to our success.”
Over the past 20 years, Johnston has served in key leadership roles in mortgage banking, private mortgage insurance and appraisal management. His background includes risk management, operations, quality control, regulatory compliance, process improvement and project management.
Johnston is a certified real estate appraiser with advanced professional appraisal designations, project management designations, and process improvement credentials. He has led complex business projects and integrations for mergers and acquisitions.
“I am excited to leverage my skills and diverse professional experience in contributing to the talented team and important work of CCV,” Johnston said. “I’m very impressed with the way the partners at Candescent see the industry and the opportunities available today.”