Mr. Mittal has more than 30 years of experience in and has held various corporate leadership roles in the IT industry, including at companies such as Wipro, Digital, Compaq and HP. Global property data and analytics provider, CoreLogic Inc. appears to be in the middle of a classic hostile takeover attempt. Compass is home to over 25,000 agents operating in over 60 markets in the U.S. Last quarter Compass agents once again outperformed in a highly competitive real estate market delivering $69.1 billion in Gross Transaction Value1 and revenue of $1.74 billion. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. "Frank's deep real estate industry experience at a company that powers the most prominent MLSs in the country, and his focus on the use of data and analytics platforms to empower real estate professionals to better serve their clients, make him a strong addition to our board. There, he established a record of driving strong growth as well as leading the company through significant transformation, including the integration of DuPont Nutrition & Biosciences following a merger. I look forward to working with him to deliver on our mission of helping everyone find their place in the world.". Then she served as the top executive at several internet companies, including the COO for public Overture Services. That successfully transformed online advertising since December 2007 executive at several internet companies, including the for... Measure, CoreLogic operates in North America, Western Europe, and aQuantive challenges. Their place in the Companys history in 2021 search results will appear and be automatically updated as you.... Finally, Winship is the President and Founder of Pacific Point Capital, a estate!, Capital markets, and aQuantive on the continued resilience of the Pacific Mutual Holdings ( the of. 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I, _______________, hereby acknowledge that I was given 21 days to consider the foregoing General Release Agreement and voluntarily chose to sign the General Release Agreement prior to the expiration of the 21-day period. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that each party may in its sole discretion apply to any court of law or equity of competent jurisdiction for specific performance, injunctive relief and/or other appropriate equitable relief (without posting any bond or deposit) in order to enforce or prevent any violations of the provisions of this Agreement. IRVINE, Calif.-- ( BUSINESS WIRE )--CoreLogic Inc. (NYSE: CLGX) today announced that its Board of Directors has unanimously rejected the unsolicited proposal Home / Press Releases / CoreLogic Announces CEO Appointment. rights under this Agreement specifically to recover damages and costs for any breach of any provision of this Agreement and to exercise all other rights existing in its favor. WebWASHINGTON -- (BUSINESS WIRE) Today, CoStar Group, Inc. (NASDAQ: CSGP) delivered a letter to the Board of Directors of CoreLogic (NYSE: CLGX) setting forth the terms of a revised proposal by CoStar Group to acquire 100% of the equity interests of CoreLogic. Additionally, she serves on the board of Savers, one of the worlds largest thrift retailers. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the risks and uncertainties set forth in Part I, Item 1A of our most recent Annual Report on Form 10-K and Part II, Item 1A of our most recent Quarterly Report on Form 10-Q, as such risk factors may be amended, supplemented, or superseded from time to time by other reports we file with the Securities and Exchange Commission. At the time of his retirement in 2011, Mr. Ostler was a Group Executive Vice President of Wells Fargo & Co., Vice Chairman of Wells Fargo Bank California NA, and President of Wells Fargo Family Wealth. In addition, Michael demonstrated important leadership in the public sector where he held high level positions at the Federal level including the OCC and the White House. COVID-19 hit Louisianas most vulnerable households known as Asset Limited, Income Constrained, Employed or ALICE households while financial distress was on the rise, according to the states latest ALICE study. 1155, Col. San Juan de Guadalupe C.P. Mr. Shepherd is a director of the Pacific Mutual Holdings (the parent of the Pacific Life Insurance Company) and BNP Paribas USA. I look forward to continuing to be engaged as a Board member and investor while pursuing new transformational opportunities in the information services space., Chuck Davis, CEO of Stone Point Capital, said, We greatly value and appreciate Franks leadership and his many contributions to CoreLogic before and after our acquisition of the Company. Your email address will not be published. With the Company operating at record levels and with a deep and talented leadership bench in place, it is now time for me to step back from my operating role. Prior public board service includes CoreLogic, LifeLock, Orbitz Worldwide, Pinnacle Entertainment, and aQuantive. Notwithstanding the foregoing provisions of this Section5.3, if the Executive breaches his obligations under Section6 of this Agreement, or any obligation under the Confidentiality Agreement, at any time, from and after the date of such breach and not in any way in limitation of any right or remedy otherwise available to the Company, the Executive will no longer be entitled to, and the Company will no longer be obligated to pay, any remaining unpaid portion of the Severance Benefit or any remaining unpaid amount contemplated by Section5.3(b)(iii), 5.3(b)(iv), or 5.3(c), or to any continued Company-paid or reimbursed coverage pursuant to Section5.3(b)(ii); provided that, if the Executive provides the Release contemplated by Section5.4, in no event shall the Executive be entitled to benefits pursuant to Section5.3(b) or 5.3(c), as applicable, of less than $5,000 (or the amount of such benefits, if less than $5,000), which amount the parties agree is good and adequate consideration, in and of itself, for the Executives Release contemplated by Section5.4. Their experience and guidance have been invaluable, and it has been a pleasure to work with them on behalf of our shareholders.. Subject to certification of the final voting results and applicable law, the CoreLogic Board intends to fill the three vacancies resulting from the removal of current directors at the Special Meeting with these nominees. In August 2011, he joined CoreLogic, where he served consecutively as Chief Financial Officer and Chief Operating Officer before his appointment to Chief Executive Officer in March 2017. In the third quarter Compass agents saw a 36% increase in transactions, outperforming the industry where transactions decreased 1% during the same period.2. Founded in 2012, Compass is a leading technology-enabled residential real estate brokerage, providing an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. Senator and Cannae, who jointly own approximately 15% Interest in CoreLogic, have been unsuccessfully bidding to acquire CoreLogic despite the boards rejection. IRVINE, Calif.-- ( BUSINESS WIRE )--CoreLogic (NYSE: CLGX), a leading global property data and analytics-driven solutions provider, today announced that its Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. Chuck Davis, CEO of Stone Point Capital, said, We greatly value and appreciate Franks leadership and his many contributions to CoreLogic before and after our acquisition of the Company. We look forward to continuing to have access to his knowledge of the Company and the residential property vertical as our Board chair and an equity investor. CoreLogic , a leading global property data and analytics-driven solutions provider, today announced that its Board of Directors has called a Special Meeting of Shareholders on November 17, 2020. Compass appoints CoreLogic CEO to board of directors Frank Martell has been with CoreLogic since 2011. CoreLogic is well positioned to capture the many opportunities in front of the Company as a privately held firm. Somos una empresa dedicada a la prestacin de servicios profesionales de Mantenimiento, Restauracin y Remodelacin de Inmuebles Residenciales y Comerciales. "Compass' focus on helping real estate agents succeed through the company's technology platform and support put it at the forefront of the digital transformation in the real estate industry, and I look forward to contributing to the company's continued success as a member of the board.". She is a Fellow of the Chartered Institute of Management and the City and Guilds of London Institute.
For more information, please visitwww.corelogic.com. foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement. CoreLogic can offer no assurances that it will enter any transaction in the future or, if entered into, what the terms of any such transaction would be. Safe Harbor/Forward-Looking Statements. WHEREAS, CoreLogic, Inc. (the "Company") maintains the CoreLogic, Inc. WebBoard of Directors Allan Lee Director - Associate General Counsel Intellectual Property Lockheed Martin Missiles and Fire Control Board of Directors Angela McGuire Vice President, Associate General Counsel CoreLogic Board of Directors Angela Mayeux Sr. Attorney Southwest Airlines Co. The undersigned have read and understand the consequences of this Agreement and voluntarily sign it. But at the Special Meeting last week, shareholders only voted to replace three of CoreLogics directors. Previously he was Chairman of Cypress Semiconductor Corporation when it was acquired by Infineon Technologies AG for $10 billion and Director and Chair of the Audit Committee of RedHat, Inc. when it was acquired by IBM for $35 billion. In addition, she chairs the board for Huntington Hospital, a leading Southern California regional medical center. We look forward to the Special Meeting and to continuing to meet with shareholders to discuss our progress and prospectsCoreLogic is poised for an even stronger second half of 2020, and to outperform in 2021 and 2022., Get daily intel that impacts your customers, employees & market, Up NEXT eNewsletter Industry news Over his career, Michael held senior leadership positions at several of the nations leading banks including his long and successful tenure as CEO of Bank of the West. Environmental Stewardship Social Accountability Corporate Governance. Hawaiiwas the only state that saw a decline in equity-rich properties, down from 39% to 38.6%. 78340, San Luis Potos, Mxico, Servicios Integrales de Mantenimiento, Restauracin y, Tiene pensado renovar su hogar o negocio, Modernizar, Le podemos ayudar a darle un nuevo brillo y un aspecto, Le brindamos Servicios Integrales de Mantenimiento preventivo o, Tiene pensado fumigar su hogar o negocio, eliminar esas. provision, nothing in this Agreement prevents Executive from accepting a whistleblower award from the Securities and Exchange Commission pursuant to Section 21F of the Securities Exchange Act of 1934, as amended. IRVINE, Calif., January 21, 2022 CoreLogic, a leading global property information, analytics and data-enabled solutions provider, is proud to share that Sage Data help stakeholders to identify gaps in community resources and build data-driven solutions, the report notes. He was appointed Chairman of our board of directors on January 1, 2022. Transcript : Compass, Inc. Presents at Morgan Stanley Technology, Media & Tel.. UBS Adjusts Compass Price Target to $3.50 From $2.75, Maintains Neutral Rating, Needham Adjusts Price Target on Compass to $4.50 From $5, Keeps Buy Rating. For more information on Insight and all its investments, visitinsightpartners.comor follow us on Twitter@insightpartners. Michael brings a powerful combination of public service, regulatory, and financial and housing policy experience as well as top-tier commercial and retail banking leadership to our already strong and diverse Board. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe, and Asia Pacific. "Frank's deep real estate industry experience at a company that powers the most prominent MLSs in the country, and his focus on the use of data and analytics platforms to empower real estate professionals to better serve their clients, make him a strong addition to our board. Based on a preliminary vote count by its proxy solicitor, the Company believes that shareholders have voted to remove current directors J. David Chatham, Thomas C. OBrien, and David Walker, and that three nominees of Senator Investment Group and Cannae Holdings have been nominated for appointment to the Companys Board to fill these vacancies: W. Steve Albrecht, Wendy Lane, and Henry W. Jay Winship. Each party shall be responsible for paying its own attorneys fees, costs and other expenses pertaining to any such legal proceeding and enforcement regardless of whether an award or finding or any judgment or verdict thereon is entered against either party. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com. Kendra Angier. -, Same Day Mortgage : OriginPoint Delivers a Loan Approval in Less than 24 Hours, Transcript : Compass, Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference, Mar-09-2023 08:35 AM, Compass to Present at 2023 Morgan Stanley Technology, Media & Telecom Conference, https://www.prnewswire.com/news-releases/compass-appoints-frank-martell-president-and-ceo-of-corelogic-to-board-of-directors-301434412.html. If, during the Period of Employment, the Executives employment with the Company terminates as a result of the Executives death or Disability, the Company shall pay the Executive the amounts contemplated by Section5.3(b)(iii) and (iv). Mr. Pandit spent his career in financial services beginning at Morgan Stanley in 1983, where he ultimately became President and Chief Operating Officer of the institutional securities and investment banking businesses. The Executive agrees to resign, on the Severance Date, as an officer and director of the Company and each of its subsidiaries, and as a fiduciary of any benefit plan of the Company or any of its subsidiaries, and to promptly execute and provide to the Company any further documentation, as requested by the Company, to confirm such resignation. ESG. Compass is home to over 25,000 agents operating in over 60 markets in the U.S. Last quarter Compass agents once again outperformed in a highly competitive real estate market delivering $69.1 billion in Gross Transaction Value1 and revenue of $1.74 billion. Mr. Pandit is a member of the Board of Directors of Fair Square Financial Holdings, Westcor Land Title Insurance Company, and JM Financial Credit Solutions Ltd. Mr. Pandit is a member of the Board of Overseers of Columbia Business School and a member of the Board of Visitors of the Columbia School of Engineering and Applied Science. The Executive agrees that the payments and benefits contemplated by Section5.3 (and any applicable acceleration of vesting of an equity-based award in accordance with the terms of such award in connection with the termination of the Executives employment) shall constitute the exclusive and sole remedy for any termination of his employment and the Executive covenants not to assert or pursue any other remedies, at law or in equity, with respect to any termination of employment. Home / Press Releases / Company / CoreLogic Announces Preliminary Results of 2020 Special Meeting, 9 of 12 Current Directors Will Continue to Serve on Board. Homeowners saw their equity rise far and wide throughoutthe United Statesduring the second quarter of this year in yet another sign of the housing market punching back against the Coronavirus pandemic, saidTodd Teta, chief product officer with ATTOM Data Solutions. Once a week EXECUTED this ___ day of ____________ 20__, at ___________ County, _________. WebCoreLogic provides information intelligence to identify and manage growth opportunities, improve business performance and manage risk for customers. EXECUTED this ________ day of ________ 20__, at ______________________ County, __________. For these purposes, . He was named by the Orange County Business Journal as the 2013 Outstanding CFO of a Public Company in Orange County. For more information, please visit www.stonepoint.com. WebBoard of Directors Leadership Olivier Pomel CEO & CO-FOUNDER Prior to founding Datadog, Olivier Pomel built data systems for K-12 teachers as a VP, Technology for Wireless Generation, where he grew the development team from a handful of people to close to 100 of the best engineers in New York until the companys acquisition by News Corp. We include a single transaction twice when one or more Compass agents represent both the buyer and seller in any given transaction. Cision Distribution 888-776-0942 Mr. Ostler has served as a member of our board of directors since December 2007. Copyright 2023 Surperformance. An industry pioneer, Rohit co-founded EXL in April 1999 and has led the firms rapid evolution from a provider of operational support services to a global leader in analytics and digital solutions. Additionally, Lane has served on the Board and as Chairman of the Compensation Committee of Willis Tower Watson since 2016, including during its entry into a definitive agreement to combine with Aon plc. The Company shall pay the Executive (or, in the event of his death, the Executives estate) any Accrued Obligations (as such term is defined in Section5.5); If, during the Period of Employment and prior to the date on which a Change in Control (as defined in Section5.5) occurs, the Executives employment with the Company terminates as a result of an Involuntary Termination (as such term is defined in Section5.5), the Executive shall be entitled to the following benefits: The Company shall pay the Executive (in addition to the Accrued Obligations), subject to tax withholding and other authorized deductions, an amount equal to two (2) (the , The Company will pay or reimburse the Executive for his premiums charged to continue medical coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act (. Resources. Overture pioneered paid search and help create Search Engine Marketing (SEM) that successfully transformed online advertising. Frank Martell said, By every measure, CoreLogic delivered the best year in the Companys history in 2021. Pat Dodd brings almost three decades of proven leadership and value creation in the information services industry and previously served at the Companys Chief Operating and Growth Officer. Cannae and Senator issued the following statement: In 2016, he received the HousingWire Vanguard Award in recognition of his distinguished leadership in the housing industry. She has covered mortgagefinance for over 15 years. "I am thrilled to welcome Frank to Compass' board of directors," said Robert Reffkin, Founder, Chairman and CEO of Compass. He currently serves on the board of Novo-Nordisk A/S (NYSE: NVO), where he is an independent director and member of the Research and Development Committee. Louisianas nonprofits, corporations and researchers are collaborating in a together we stand fashion to deal with pandemic challenges. April through June, as the economic slowdown spread, unemployment spiked and sales slowed down, single-family home equity remained strong as most housing markets saw prices rise on properties that did sell, analysts wrote, based on property data from more than 155 million U.S. residential and commercial properties covering 99% of the nations population. WASHINGTON-- (BUSINESS WIRE) Today, CoStar Group, Inc. (NASDAQ: CSGP) delivered a letter to the Board of Directors of CoreLogic (NYSE: CLGX) setting forth the terms of a superior proposal by CoStar Group He was also a Principal, Senior Managing Director, and Investment Committee Member of Relational Investors LLC, a $6 billion investment fund. We look forward to working together and will get them up to speed quickly on our business and our strategic review process., Mr. Folino continued, On behalf of the entire Board, I would like to thank David, Thomas and David for their numerous contributions to CoreLogic. He also serves as a director of Indigo Agriculture and EvodiaBio, which are private companies. About 3.4 million, or one in 16, mortgaged homes were seriously underwater in Q2 2020. Pat is a very talented leader, and I am confident he will take the Company forward and create incredible value in the years ahead. Mr. Pandit earned B.S. He chairs the West Coast Scarlet & Gold Committee of the Marine Corps Scholarship Foundation and is on the board of directors of Bank of the West. Nine of the 10 states with the biggest quarter-to-quarter declines in seriously underwater properties were in the Midwest and South, and were led byWest Virginia, where the share of such homes fell from 15.7% to 13.8%. The voting results are subject to certification by the independent Inspector of Election. 23rd November 2020 - Author: Matt Sheehan. Safe Harbor/Forward-Looking Statements. When Old Lane was acquired by Citigroup in 2007, Mr. Pandit became Chairman and CEO of Citi Alternative Investments and later led Citi's Institutional Clients Group. We challenge other companies and organizations to dig into the insights the latest ALICE report provides, said Patty Riddlebarger, vice president of corporate social responsibility at Entergy, a longtime partner of United Way and sponsor of the study. When typing in this field, a list of search results will appear and be automatically updated as you type. He also leads EXLs sustainability initiatives, focused on the continued resilience of the company and ongoing talent development. He is a graduate of Stanford University and the University of Michigan Law School. /about/board-directors | https://www.exlservice.com/about/board-directors | https://www.exlservice.com/. Prior to EXL, Rohit served in various roles at Deutsche Bank private banking division. Mr. Sahney has served as a member of our board of directors since January 2016. When including households in poverty, there were just over 891,000 households below the ALICE Threshold inLouisianabefore the pandemic, or over half of the states total population. Vikram S. Pandit served as a member of our board of directors from October 2018 until December 2021. a material breach by the Company of this Agreement; provided, however, that any such condition or conditions, as applicable, shall not constitute Good Reason unless both (x)the Executive provides written notice to the Company of the condition claimed to constitute Good Reason within sixty (60) days of the initial existence of such condition(s) (such notice to be delivered in accordance with Section18), and (y)the Company fails to remedy such condition(s) within thirty (30) days of receiving such written notice thereof; and provided, further, that in all events the termination of the Executives employment with the Company shall not constitute a termination for Good Reason unless such termination occurs not more than one hundred and twenty (120) days following the initial existence of the condition claimed to constitute Good Reason. "I could not be more excited to join the Compass board," said Martell. Vikram was appointed CEO of Citigroup later in 2007 and led the company during the 2008 financial crisis successfully revitalizing it before he left in October 2012. Pipes held senior management positions at Transamerica Life and First Interstate Bank of California. If the Executive is a specified employee within the meaning of Treasury Regulation Section1.409A-1(i) as of the date of the Executives Separation from Service, the Executive shall not be entitled to any payment or benefit pursuant to Section5.3(b) or (c) until the earlier of (i)the date which is six (6) months after his or her Separation from Service for any reason other than death, or (ii)the date of the Executives death. CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. We are excited to partner with Pat and the CoreLogic team as the Company continues to innovate across the real estate ecosystem., Deven Parekh, Managing Director at Insight Partners, said, We are excited to work with Pat and the CoreLogic team as the Company continues its focus on accelerating growth. We include the value of a single transaction twice when our agents serve both the home buyer and home seller in the transaction. Mantenimiento, Restauracin y Remodelacinde Inmuebles Residenciales y Comerciales. Ms. Studenmund has been recently recognized as a member of NACDs Directorship 100. exercise of the same or of any right, remedy, power or privilege, nor shall any waiver of any right, remedy, power or privilege with respect to any occurrence be construed as a waiver of such right, remedy, power or privilege with respect to any other occurrence.
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