Realogy Announces Two Key Executive Appointments

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Mar 24, 2015, 08:00 ET

MADISON, N.J., March 24, 2015 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY) today announced that Dea Benson has been promoted to the newly created position of senior vice president, Enterprise Risk Management, and that Tim Gustavson has been promoted to succeed Ms. Benson as the Company's senior vice president, chief accounting officer and controller. Both will report directly to Anthony E. Hull, the Company's executive vice president, chief financial officer and treasurer.

"For the past two years, Dea Benson has spearheaded the Company's Enterprise Risk Management (ERM) process, and her strong leadership in this regard has proven effective in helping our Executive Leadership Committee and our Board of Directors continue to shape Realogy's risk management efforts," said Richard A. Smith, Realogy's chairman, chief executive officer and president. "Dea's move to the Enterprise Risk Management role on a full-time basis underscores the Company's commitment to our ERM program."

"Likewise, Tim Gustavson has excelled as our assistant corporate controller and vice president of finance for the past nine years, and we are fortunate to have someone of his caliber ready to step in and lead the accounting function across Realogy and its business units," said Anthony E. Hull, Realogy's chief financial officer.

Benson, a certified public accountant, joined the company as chief accounting officer and controller in 2008. She played a pivotal role in Realogy's $1.2 billion initial public offering in 2012, and was named as one of New Jersey's Best 50 Women in Business by NJBIZ magazine in 2014. In her new role, Benson will work closely with the Executive Leadership Committee and the Board of Directors to enhance Realogy's existing ERM function to be a key driver of managing the most significant risks impacting the Company's present and future growth. Outside of Realogy, Benson has served on the Board of Directors for both the American Red Cross of Northern New Jersey and Xceed Financial Credit Union since 2010, and currently serves as Chair of the Finance Committee for Xceed.

In his new role as chief accounting officer and controller, Gustavson will oversee all corporate accounting and financial reporting functions, as well as the shared services, treasury, corporate tax and insurance departments. He will work closely with the audit committee of the Realogy Board of Directors. Gustavson, a certified public accountant, has served as Realogy's assistant corporate controller and vice president of finance since 2008 and for the two prior years as vice president of external reporting. Before joining Realogy, Gustavson spent 16 years in public accounting with the KPMG audit practice serving a diverse client base.

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®, and Sotheby's International Realty^®, as well as ZipRealty^®, its technology-focused brand. Collectively, Realogy's franchise system members operate approximately 13,500 offices with more than 251,300 independent sales associates conducting business in 104 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.