DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.
Issue link: http://digital.dsnews.com/i/1457832
31 Prior to joining loanDepot, he held key positions in the financial services industry, working with such companies as Discover Financial Services, Performance Capital and Merrill Lynch. "Elijah's ability to identify operational areas of opportunity is derived from his impressive ability to use data as a path to change," said Brady. "His new role will enable him to further expand that talent beyond operations into all areas of our business, the result of which will be further enhancements that deliver exceptional value to our customers." FIRST AMERICAN FINANCIAL ANNOUNCES LEADERSHIP TRANSITION First American Financial Corporation, a provider of title insurance, settlement services, and risk solutions for real estate transactions, announced today that Kenneth D. DeGiorgio, who most recently served as the company's President, has been appointed CEO, while Dennis J. Gilmore, First American's CEO since 2010, transitions to become Chairman of the Board of Directors. "Over his 23 years of service to First American's employees, customers, and shareholders, Ken has acquired an in- depth understanding of our business and consistently demonstrated that he has the vision, strategic insight, commitment, and skill to lead our company," Gilmore said. "Under Ken's leadership, First American will continue to lead the digital transformation of the title insurance and settlement services industry and capitalize on the many opportunities the company has to grow our business." DeGiorgio was named President in May 2021, when he assumed responsibility for the corporation's operating groups, including its title insurance, specialty insurance, and data and analytics businesses. Since joining the company in 1999, DeGiorgio has at various times in his tenure overseen the company's banking operations, international division, and multiple corporate functions. "On behalf of the board, I thank Dennis for his exceptional leadership over the past 12 years," said Parker Kennedy, who has chaired First American's board since 2010 and will now serve as its Lead Independent Director. "e culture of excellence and inclusivity that Dennis has fostered among our employees during his tenure has led to best-in-class service for our customers and has produced record returns for our shareholders. Long before it became common to tout a 'digital strategy,' Dennis had us aggressively investing in the core data assets that now fuel the title insurance and settlement services industry." Gilmore joined First American in 1993. Under his leadership, the company advanced an award-winning culture that has placed it on the Fortune 100 Best Companies to Work For list for the past six years. e company also delivered exceptional financial results to shareholders, realizing an annualized total shareholder return of 18.2%. "Dennis has shown us that when we put our people first, they take care of our customers, and when we take care of our customers and run the business efficiently, we deliver superior results to our shareholders," DeGiorgio said. "It's a privilege to be named CEO of a company that Dennis has positioned so well. We have the best people in the industry, and I welcome the opportunity to lead them as we continue to realize our vision to be the premier title insurance and settlement services company." JOCELYN MOORE TO HEAD UP CORPORATE AFFAIRS AT PRETIUM Pretium has appointed Jocelyn Moore as a Senior Managing Director to lead Corporate Affairs, as well as a member of the firm's Executive Committee. Moore brings 20-plus years of corporate advisory, strategic communications, and public policy experience across multiple disciplines to her role with Pretium, most recently as Senior Advisor to the New Markets Support Company, a subsidiary of the Local Initiatives Support Corporation, and as a Venture Partner at OzoneX, an early-stage venture capital firm. "roughout her career, Jocelyn has been a force for positive change, partnering with stakeholders on both sides of issues to solve the biggest challenges facing our society," said Don Mullen, Founder and CEO of Pretium. "We believe private capital is part of the solution to our nation's housing shortage and Pretium stands at the forefront of bringing quality, professionally managed homes to our communities. Jocelyn will be deeply involved in our efforts to lead from the front, setting the standard for the professional single- family rental industry, and providing an important option for households that choose to rent." Moore also served as EVP of Communications and Public Affairs at the National Football League, and as the NFL's Chief Communications Officer, she was a member of the executive leadership team and oversaw corporate affairs at the 100-year-old professional sports league, including football communications, strategic communications, corporate communications, public policy and government affairs, and corporate social responsibility. Prior to her tenure with the NFL, Moore was a Managing Director at e Glover Park Group (now Finsbury Glover Hering) and spent 15 years working in senior leadership roles in the U.S. Senate. "Access to quality, affordable housing is a key pillar of economic opportunity and Movers & Shakers "Under Ken's leadership, First American will continue to lead the digital transformation of the title insurance and settlement services industry and capitalize on the many opportunities the company has to grow our business." —Dennis J. Gilmore, CEO, First American Financial Corporation