Century 21 Real Estate LLC Appoints New Chief Operating Officer

Century 21 Real Estate LLC Announces Craig Leonard as New COO

April 22, 2008 // Franchising.com // PARSIPPANY, N.J.— Century 21 Real Estate LLC, franchisor of the world's largest residential real estate sales organization, today announced the appointment of Craig Leonard to the position of chief operating officer, reporting directly to Tom Kunz, president and chief executive officer. In his new position, Leonard will oversee the servicing and operations of the global real estate franchise system and will work to develop and execute strategies for long-term growth and profitability of existing and new CENTURY 21® franchisees.

"Craig brings to this position a tremendous amount of leadership experience in the franchise sector and will play a crucial role in enhancing the delivery of services to our network of franchised offices both domestically and abroad," said Kunz. "While focusing on strengthening the infrastructure of day-to-day operations, Craig will help to enable our franchisees to better leverage affiliation with the CENTURY 21 System in their local markets."

Leonard comes to the CENTURY 21 System with more than three decades of professional experience in the area of franchise operations and sales, most recently with McDonald's Japan where he held the position of chief operating officer, senior vice president and served as a member of the organization's board of directors. Leonard held roles of increasing responsibility within the McDonald's organization dating back to 1976.

"Transitioning from one 'golden' icon to 'The Gold Standard' represents a tremendous opportunity to leverage my experience and knowledge in successfully operating franchise organizations. I'm excited to be a part of the ongoing effort to provide best-in-class service and resources to CENTURY 21 franchisees and to the home buyers and sellers they service around the world," said Leonard.

Century 21 Real Estate LLC (www.century21.com) is the franchisor of the world's largest residential real estate sales organization, providing comprehensive training, management, administrative and marketing support for the CENTURY 21 System. The System is comprised of more than 8,300 independently owned and operated franchised broker offices in 58 countries and territories worldwide. Century 21 Real Estate LLC is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services.

© 2008 Century 21 Real Estate LLC, A Realogy Company. CENTURY 21® Is A Registered Trademark Licensed To Century 21 Real Estate LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each CENTURY 21 Office is Independently Owned and Operated.

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