Sagent Appointed New CEO and Board Chairman
Sagent has promoted Sridhar Sharma to chief executive officer following the departure of Chris Marshall.
Updated on Sept. 21, 2026 in People
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Sagent announced major leadership changes, naming Sridhar Sharma as the new chief executive officer and Andrew Bon Salle as board chairman. Sharma previously served as the company's president, while Bon Salle joins the board after a long career in the mortgage industry.
Why it matters
These appointments come as Sagent accelerates the deployment of its AI-powered mortgage servicing platform, Dara. The new leadership team is tasked with scaling platform adoption and managing the company's growth within the mortgage servicing sector.
Chris Marshall served as CEO of Sagent for a total of nine months. Incoming chairman Andrew Bon Salle brings nearly three decades of experience from his tenure at Fannie Mae.
The players
Sridhar Sharma
He is the new chief executive officer of Sagent who formerly served as the company's president.
Andrew Bon Salle
He is the new board chairman at Sagent who previously held a position at Fannie Mae for nearly thirty years.
Chris Marshall
He is the outgoing chief executive officer of Sagent who held the leadership position for nine months.
The details
Sridhar Sharma assumes the role of CEO after previously serving as president at Sagent, where he oversaw the implementation of the Dara platform. Andrew Bon Salle, who served as a board director at Mr. Cooper in 2025, joins the board to help guide the firm's strategic direction.
Timeline
Andrew Bon Salle served as a board director for Mr. Cooper throughout 2025.
Sagent officially announced these leadership changes on September 21, 2026.
Market Landscape
This leadership transition aligns Sagent's executive priorities with the ongoing expansion of its Dara mortgage servicing platform. The move positions the company to compete more aggressively in the digital mortgage sector by leveraging automated servicing technology.
Customers currently using the Dara platform may see increased implementation support and feature updates under the new leadership. Clients should monitor service updates as the firm shifts its operational focus toward platform adoption.
The takeaway
Executive changes often signal a pivot in corporate strategy toward a specific flagship product. Investors and clients should watch for updates regarding Sagent's market reach as the new team implements their vision for the Dara platform.
Further reading
For more information on executive movements in the industry, visit our People section.
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