- After almost seven years on the job
- Frank Martell taking over in the interim
(management-change.com) — Irvine, California, February 15, 2017 — Anand Nallathambi, chief executive of CoreLogic, takes a medical leave of absence. As announced by CoreLogic, Inc. in a regulatory filing published on Wednesday, February 15, 2017, Anand Nallathambi leaves the post as Chief Executive Officer at the provider of property information, analytics, and data-enabled services after almost seven years on the job.
The exact date of Nallathambi’s departure was not specified in the announcement.
Nallathambi’s duties are taken over in the interim by Frank D. Martell, currently Chief Operating Officer at CoreLogic, Inc.
“Temporary medical leave of absence”
CoreLogic said: “On February 13, 2017, CoreLogic’s … Board of Directors granted President and Chief Executive Officer Anand Nallathambi a temporary medical leave of absence.”
Share price rise since August 2011
The change follows a rise in the share price of CoreLogic, Inc. since August 2011.
Chaired by Paul Folino
CoreLogic, Inc. is chaired by Paul Folino.
Paul Folino is the former CEO and executive chairman of the board of directors of Emulex Corporation, an information technology product manufacturer specializing in servers, network and storage devices for data centers.
On the job as CEO since 2010
Nallathambi has been the President and Chief Executive Officer of CoreLogic, Inc. since June 2010.
Anand Nallathambi is the president and chief executive officer of CoreLogic, a provider of consumer, financial and property information, analytics and services to business and government.
He is responsible for overseeing all aspects of the company’s business operations.
Nallathambi was previously president and chief operating officer of the CoreLogic Information Solutions group.
In that role, he managed all strategic positioning and operating activities for the group, which exceeded $1.9 billion in annual revenues in 2008 and 2009.
Prior to that, he served as president and chief executive officer of First Advantage Corporation, a majority-owned public subsidiary of the company and Information Solutions group business segment until November 2009.
Earlier in his career, Nallathambi held various other management and business development positions within CoreLogic, then the First American Corporation, including president of First American Corporation’s Credit Information Group, where he implemented the growth strategy of First American CREDCO.
He joined the First American Corporation in 1995.
Prior to joining CREDCO, Nallathambi held financial management positions at First Interstate Bancard, the credit card operations of First Interstate Bank.
Nallathambi received his bachelor’s degree in economics from Loyola University in Madras, India.
He earned a master’s degree in business administration from California Lutheran University and has professional designations in systems analysis and international business from the University of California at Los Angeles.
His volunteer activity includes being a part of the advisory council for the Mihaylo College of Business and Economics at California State University, Fullerton.
Nallathambi also serves on the national board of Operation Hope, best-in-class provider of financial literacy empowerment for youth, financial capability for communities, and ultimately, financial dignity for all.
Additionally, he is on the national board of directors of the Mortgage Bankers Association and is an active member of the advisory board for the Joint Center for Housing Studies at Harvard University.
He also serves on the board of directors of the Consumer Data Industry Association, an international trade association that represents consumer information companies.
Finally, he is on the national board of directors of the Pacific Council of International Policy, the premier membership-based international affairs organization on the West Coast.
Push-out Score not determined
When the reason for the departure is health-related, a Push-out Score™ is not determined.
Read the full story in the management-change.com report 08.2017 ($).