Earnnest has appointed Russell Smith as its chief executive officer and named Rick Altizer vice chairman. The leadership moves come as the company continues to build its position in real estate transaction services.

The company said it has processed 1 million transactions and handled $4 billion in volume since 2019. Those figures underline the scale of digital payment and transaction workflows now operating across the residential real estate market.

For brokers, buyers, sellers and settlement participants, transaction platforms have become a more central part of the deal process, particularly where speed, recordkeeping and funds handling can affect a closing timeline.

The appointments place Smith in charge of Earnnest’s next stage of operations, while Altizer will serve as vice chairman. The changes were reported by HousingWire.