Snapdocs, a digital closing provider, announced the promotion of Michael Sachdev from president to CEO. Sachdev succeeds Snapdocs founder Aaron King, who will take on the role of executive chairman.
As CEO, Sachdev will oversee all company operations and business strategy, with input and oversight from the company’s board. As executive chairman, King will continue to play a full-time, critical role at Snapdocs, advising the company’s product strategy and connecting with customers and the market.
“Snapdocs has matured from a startup into an industry leader that powers one out of every four real estate transactions,” said King. “Maximizing future success requires a high level of operational excellence, and Mike is the ideal leader to take the company to that next level. He is already a key leader at Snapdocs, and will bring his proven dedication to our customers, our team, and business results to the CEO role.”
Sachdev joined the company in 2021 as president to lead the company’s operating teams. Before this, he served as chief product officer at Sunrun. A graduate of Columbia Law School, Sachdev began his career as an attorney, spending six years as an antitrust associate at Morrison & Foerster LLP and three years as special assistant attorney general for the District of Columbia. He currently serves as a board member at Lumen Energy.
“Joining Snapdocs and being part of a company with such resilience has been one of the most rewarding experiences of my professional career, and this is just the beginning,” Sachdev said. “Snapdocs has the right technology, people, and vision to drive the industry forward, and I look forward to continuing our work in digitally transforming the mortgage process.”