Fidelity National Financial, Inc. Announces Appointment of George Scanlon as Chief Operating Officer
Jacksonville, Fla. -- (June 1, 2010) -- Fidelity National Financial, Inc. (NYSE:FNF), a leading provider of title insurance, mortgage services, specialty insurance and information services, today announced the appointment of George P. Scanlon as Chief Operating Officer. Scanlon will assume responsibility for the finance, treasury, investor relations and corporate functions, as well as FNF's specialty insurance business. He joins FNF from Fidelity National Information Services (NYSE:FIS), where he served as Corporate Executive Vice President, Finance since October 2009 and Executive Vice President and Chief Financial Officer from July 2008 to September 2009. He earned a BBA from the University of Notre Dame and an MBA from the University of Miami.
"We are excited to have someone with George's broad financial experience join our management team," said Chairman William P. Foley II. "George is already familiar with our company from his time at FIS and he will be a great asset in helping FNF continue to meet our ongoing goal of creating value for our shareholders."
Fidelity National Financial, Inc. (NYSE:FNF), is a leading provider of title insurance, mortgage services, specialty insurance and information services. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Lawyers Title, Ticor Title, Security Union Title and Alamo Title - that collectively issue more title insurance policies than any other title company in the United States. FNF also provides flood insurance, personal lines insurance and home warranty insurance through its specialty insurance business and is a leading information services company in the human resource, retail and transportation markets through a minority-owned subsidiary, Ceridian Corporation. More information about FNF can be found at www.fnf.com.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions, including changes in the financial markets; adverse changes in the level of real estate activity, which may be caused by, among other things, high or increasing interest rates, a limited supply of mortgage funding or a weak U. S. economy; our potential inability to find suitable acquisition candidates, acquisitions in lines of business that will not necessarily be limited to our traditional areas of focus, or difficulties in integrating acquisitions; our dependence on operating subsidiaries as a source of cash flow; significant competition that our operating subsidiaries face; compliance with extensive government regulation of our operating subsidiaries; and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.
SOURCE: Fidelity National Financial, Inc.
CONTACT:
Daniel Kennedy Murphy, Senior Vice President and Treasurer,
904-854-8120,
dkmurphy@fnf.com