Sagent Promoted Sridhar Sharma to Chief Executive Officer
The Dallas-based mortgage software provider aims to accelerate adoption of its Dara platform under new leadership.
Updated on Sept. 29, 2026 in People
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Sagent has promoted former president Sridhar Sharma to Chief Executive Officer, effective September 29, 2026. The company also appointed industry veteran Andrew Bon Salle as Chairman of the Board to support the expansion of its AI-native mortgage servicing platform, Dara.
Why it matters
This leadership transition signals a strategic pivot toward scaling the Dara platform, which leverages embedded compliance and automation to manage the mortgage lifecycle. The move targets accelerated adoption among mortgage servicers seeking to automate complex operational workflows.
Sridhar Sharma steps into the CEO role following a 10-year tenure at Mr. Cooper and his previous position as President of Sagent. The leadership change involves the firm's core AI-native platform, Dara, which is now the focus of the company's growth strategy.
The players
Sridhar Sharma
The new Chief Executive Officer of Sagent who previously led technology initiatives during a decade at Mr. Cooper.
Andrew Bon Salle
The newly appointed Chairman of the Board at Sagent and a veteran of mortgage giant Fannie Mae.
Sagent
A Dallas-based software company that operates the AI-native mortgage servicing platform known as Dara.
The details
Sagent is positioning itself to capitalize on AI and machine learning advancements to automate mortgage servicing. Sridhar Sharma, who holds an MBA from Cornell University and a BE from the University of Mysore, is tasked with driving the large-scale implementation of the Dara platform. The firm aims to improve efficiency in the mortgage lifecycle through the platform's embedded compliance and automation features.
Timeline
September 29, 2026: Sagent announced the promotion of Sridhar Sharma to CEO.
Market Landscape
Sagent's move follows a broader industry trend of integrating machine learning into the mortgage servicing lifecycle to replace manual compliance tasks. The leadership shift focuses on the specific deployment of the Dara platform to compete with incumbents in the mortgage software space.
Operators in the mortgage servicing space should monitor the Dara platform's adoption metrics and integration capabilities in the coming months. Management should evaluate whether their current servicing tech stack requires the level of AI-driven automation Sagent is now prioritizing.
The takeaway
The appointment of a technology-focused CEO suggests Sagent will prioritize rapid software implementation over traditional service scaling. Operators should track the platform's performance in pilot implementations as an indicator of whether AI-native servicing is ready for their specific scale.
Further reading
For more on industry leadership changes, visit the People section.
Source note: This article includes information reported by The American Bazaar.
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