Novation is where entrepreneurs and employees go to be their best. Our strategy hinges on acquiring top talent, and developing leadership strength and depth. Here, every employee turns on and drives their own path to success. It’s a companywide philosophy that starts at the top.
Chairman of the Board and Chief Executive Officer
Lance Anderson’s career is exemplified by the successful startup of new enterprises, leading organizational growth, taking companies public, and creating thousands of jobs for employees and significant wealth for shareholders. Anderson has been responsible for the successful startup of numerous new business ventures, many of which grew to be important players in their industry, with two going public on the New York Stock Exchange (NYSE).
Anderson co-founded NovaStar Financial, Inc. (now Novation) in 1996 through a private capital raise of $50 million. He has led this mortgage loan origination and securitization company from its rise as a publicly traded company with 5,000 employees and a market value of more than $1.7 billion, through the credit crisis of 2007. When NovaStar was forced to shut down subprime mortgage loan operations and lay off all but a small number of employees, Anderson led the effort to pay back all secured bank lenders and reposition other outstanding obligations, with the goal of allowing the company to rebuild.
Anderson serves in an executive or board role at each of the acquired companies, together with a strong chief executive officer or chief operating officer who is responsible for day-to-day operations.
Anderson serves on the advisory board of the Women’s Employment Network, a local not-for-profit that prepares and trains women for employment, and was inducted into the Ernst & Young Entrepreneur Of The Year Hall of Fame. He earned his Bachelor of Science in Finance from Old Dominion University.
Chief Financial Officer and Senior Vice President Rodney Schwatken has served as the chief financial officer and senior vice president of Novation (formerly NovaStar Financial, Inc.) since January 2008. Prior to this promotion, Schwatken was NovaStar’s vice president of strategic initiatives, responsible for special projects related to corporate development and management of the company’s strategic transactions.
During his 17 years with the company he has held several roles, including vice president and chief accounting officer responsible for corporate accounting. Prior to joining Novation and NovaStar, Schwatken worked as a manager with U.S. Central Credit Union, and as an audit manager with Deloitte & Touche LLP in Kansas City. Schwatken earned his Bachelor of Science in Business and Accounting from the University of Kansas.
Chief Information Officer Matthew Lautz serves as the chief information officer and vice president of Novation. He also serves as President and CIO of Corvisa. He is responsible for corporate technology initiatives, including overseeing software development for multiple product lines and management of technology infrastructures.
Lautz co-founded Corvisa in 2009 and led it to its acquisition as a majority-owned subsidiary of former Novation subsidiary, StreetLinks Lender Solutions, in 2010. Lautz was also a founder in IVR Central, which was acquired in 2012 and was the starting point for Corvisa's current offerings. He previously held the position of chief executive officer of Brevient Technologies, a voice-over IP and software development firm in Milwaukee. At Brevient, he led a team that managed customers in more than 15 countries and processed more than 4 million voice-over IP transactions per day.
Lautz launched his first company as a freshman in college, choosing to leave the academic track after fundraising his first round of angel investment at the age of 18. As an entrepreneur, he has extensive experience building software companies from startup phase to acquisition.