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Home equity platform Quarter names new CEO

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Quarter, Inc., a fractional home equity lending platform, has announced the appointment of Shannon Diesch (pictured) as its new chief executive officer.

Diesch joins Quarter from Capital One, where she spent the past three years as a senior business analyst for the company’s domestic card portfolio. Diesch is also the co-founder of Solar Flare, a space food company that sells products to NASA.

In its release, the company said Diesch will “guide Quarter in its mission to offer innovative, affordable housing finance to millions of Americans currently priced out of homeownership given traditional mortgage rates near a record 20-year high.”

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