Realogy appoints Duncan Niederauer, Former CEO of the New York Stock Exchange, to its Board of Directors
January 29, 2016 // Franchising.com // Madison, N.J. - Realogy Holdings Corp. (NYSE: RLGY), the preeminent and most integrated provider of residential real estate services in the United States, today announced the appointment of Duncan Niederauer to its Board of Directors. With his appointment as an independent director, the Realogy Board now consists of 10 directors, eight of whom are classified as independent directors for purposes of the listing standards of the New York Stock Exchange. The Realogy Board has not yet determined the committees on which Mr. Niederauer will serve.
“We are honored to have a leader of Duncan Niederauer’s caliber join the Realogy Board of Directors,” said Richard A. Smith, Realogy’s chairman, chief executive officer and president. “In addition to his exceptional leadership experience as CEO of the New York Stock Exchange, Duncan brings a wealth of knowledge about the equity markets, technology, mergers and acquisitions and public company governance.”
Mr. Niederauer served as chief executive officer of NYSE Euronext from 2007 until the NYSE’s merger with Intercontinental Exchange (ICE) in 2013. He then served as president of ICE and CEO of the NYSE until his retirement in 2014. Previously, he worked at Goldman Sachs for 22 years, where he was a partner and co-Head of the Equities Division Execution Services and Head of Electronic Trading and e-Commerce Strategy.
Currently, Mr. Niederauer is a partner at Manikay Global, a managing member of 555 Capital and the non-executive Chairman of Scenic Advisement, LLC. He also serves on the Boards of First Republic and GEOX spa.
An active supporter of the military and veterans, he serves on the Congressional Medal of Honor Foundation board, the Leadership Council of the Bob Woodruff Foundation and the advisory board of Team Rubicon.
Mr. Niederauer earned an MBA from Emory University and a BA from Colgate University, where he is a member of the Board of Trustees. He is active in serving the special needs community. He and his wife, Alison, led the Newmark School’s “Destination of Promise” campaign which built a state-of-the-art school for children with autism and related disabilities in Scotch Plains, New Jersey.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty® and ZipRealty®. Collectively, Realogy's franchise system members operate approximately 13,600 offices with more than 257,300 independent sales associates conducting business in 111 countries and territories around the world. NRT LLC, Realogy’s company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy’s brands and also provides related residential real estate services. The Company also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients, and Title Resource Group, a leading provider of title, settlement and underwriting services. Realogy is headquartered in Madison, New Jersey.
SOURCE Realogy Holdings Corp.