James R. Thornton, President
“For decades the team at LERETA has built a solid reputation based on quality and extraordinary service, and I am excited to be rejoining them.”
James (Jim) Thornton, a CPA and MBA, started his professional career with Coopers & Lybrand in 1983 working as an auditor and technical financial consultant to a wide variety of clients in diverse industries.
In 1990, he joined LERETA Corp. in its infancy stages. He managed its initial Tax Service operations, started its Flood Services division in the early 1990s, and launched the company’s formal Sales, Marketing and Strategic Development functions in the late 1990s. Working closely with the company’s CFO, he was instrumental in the highly successful sale of LERETA Corp. to LandAmerica Financial Group in 2003.
In 2005, Jim joined Marshall & Swift/Boeckh, the nation’s largest provider of replacement cost data and other information services primarily to the insurance industry, as CEO.
In 2008, Jim co-founded UP Holdings, LLC for the purpose of evaluating entrepreneurial opportunities and investments, which led to the purchase of LERETA, LLC in 2009. James shares in the ownership of LERETA, LLC and serves as its President.