Business Services Industry

Realogy CEO Richard A. Smith Joins The Business Roundtable and Its Corporate Leadership Initiative

Business Wire, March 16, 2009

PARSIPPANY, N.J. -- Realogy Corporation, a global provider of real estate and relocation services, today announced that President and Chief Executive Officer Richard A. Smith has joined The Business Roundtable, an association of chief executive officers of leading U.S. companies with more than $5 trillion in annual revenues and nearly 10 million employees. The Business Roundtable unites top CEOs from leading companies, amplifying their diverse business perspectives and voices on solutions to some of the world’s most difficult challenges.

“The Business Roundtable’s highest priority is to promote policies that lead to economic growth,” said John Castellani, president of the Business Roundtable. “We are pleased to welcome Richard to our ranks, and we look forward to his insights and active service in support of the Business Roundtable’s Corporate Leadership initiative.”

The Business Roundtable believes the basic interests of business closely parallel the interests of American workers. The organization is selective in the issues it addresses, a principal criterion being their potential impact on the economic well-being of the nation.

“I look forward to this opportunity to work with the Business Roundtable and its membership in their collective efforts to put forth business solutions designed to effectively help lead the U.S. to a broad economic recovery,” said Smith.

In his role as president and CEO of Realogy, Smith oversees the world’s largest real estate brokerage franchisor, which consists of such leading brands as Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, ERA® and Sotheby's International Realty®. In total, Realogy’s brand networks have approximately 15,600 franchised and company-owned offices and 285,000 brokers and agents worldwide. Realogy’s businesses also include NRT LLC, the nation’s largest residential real estate brokerage company with more than 800 offices and 50,000 sales associates in more than 35 of the nation's largest metropolitan markets; Cartus, a global leader in corporate and government employee relocation that annually assists more than 130,000 employees in 150 countries for a client base including nearly half of the Fortune 50; and Title Resource Group (TRG), a prominent full-service title and settlement services company licensed in 43 states and Washington, D.C.

Smith also is a member of the Policy Advisory Board for the Joint Center for Housing Studies of Harvard University, an honorary member of the Easter Seals National Board of Directors, a member of the Columbus State University Foundation Board of Trustees, and a former member of the New Jersey Economic Growth Council. Smith is a past recipient of the Ellis Island Medal of Honor, presented by the National Ethnic Coalition of Organizations (NECO) Foundation, Inc. A native of Columbus, Ga., Smith earned his Bachelor of Science degree at Columbus State University and received his Master of Science degree from Troy State University.

About Realogy Corporation

Realogy Corporation, a global provider of real estate and relocation services, has a diversified business model that includes real estate franchising, brokerage, relocation and title services. Headquartered in Parsippany, N.J., Realogy (www.realogy.com) is owned by affiliates of Apollo Management, L.P., a leading private equity and capital markets investor. To receive future Realogy news releases, you can sign up for an e-mail subscription or secure a link for your RSS reader at www.realogy.com/media.

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Copyright Business Wire 2009
 

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