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Caliber (NASDAQ: CWD), a real estate investor, developer and manager headquartered in Scottsdale, Arizona, has promoted Ignacio Martinez from senior vice president of operations to chief operating officer.

Martinez takes over the role previously held by Jennifer Schrader, Caliber’s co-founder and president. In this new position, Martinez will be responsible for leading all operational aspects of the company, including people operations, project management, information technology and security, regulatory compliance, legal, customer service, and fundraising operations.

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Prior to joining Caliber, Martinez served as senior vice president of security, risk and compliance for Smartsheet, an enterprise Software as a Service work management platform. Earlier in his career, he was chief risk officer at LifeLock and was a founding director of Protiviti, an international consulting firm.

“Ignacio has more than two decades of experience and a proven track record of driving strategic initiatives, building and growing businesses, and expanding and launching market segments,” said Chris Loeffler, CEO of Caliber. “Ignacio has already demonstrated his ability to positively impact Caliber’s strategy to generate consistent, profitable growth.”

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