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Last $45.10 USD
Change Today -0.37 / -0.81%
Volume 1.7M
RLGY On Other Exchanges
New York
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

realogy holdings corp (RLGY) Key Developments

Realogy Holdings Corp. Appoints Sunita Holzer as Executive Vice President and Chief Human Resources Officer

Realogy Holdings Corp. announced the appointment of Sunita Holzer as executive vice president and chief human resources officer (CHRO). With more than 30 years of experience in the human resources field and over 10 as a CHRO, she has served in HR executive leadership roles for a number of leading companies in the financial services and technology sectors. Holzer will be responsible for all aspects of Realogy's worldwide human resources strategy and implementation for the company's 10,700 employees. She will report directly to Richard A. Smith, the Company's chairman, chief executive officer and president. Holzer served as executive vice president and CHRO for Computer Sciences Corporation from 2012 to 2014.

Realogy Holdings Corp. Announces Executive Changes

Realogy Holdings Corp. 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. Benson joined the company as chief accounting officer and controller in 2008. 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.

Realogy Holdings Corp. - Analyst/Investor Day

Realogy Holdings Corp. - Analyst/Investor Day

Realogy Holdings Corp. Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Capital Expenditure Guidance for 2015

Realogy Holdings Corp. reported earnings results for the fourth quarter and year ended December 31, 2014. Fourth quarter 2014 revenue was $1.3 billion increased 3% compared to fourth quarter 2013, driven by higher transaction volume at RFG and NRT. Fourth quarter 2014 adjusted EBITDA was $167 million, compared to $151 million a year ago, a year-over-year increase of 11%. Net income was $21 million for the quarter against $320 million a year ago. Adjusted EBITDA was $167 million against $151 million a year ago. Net revenue for full year 2014 was $5.3 billion, up 1% compared to full year 2013. Adjusted EBITDA for 2014 was $779 million, above the guidance range of $765 million to $775 million that the company forecasted during its third quarter investor call. Net income for full year 2014 was $143 million. 2014 adjusted net income excluding the reversal of the income tax valuation allowance and loss on the early extinguishment of debt was $160 million, compared to 2013 adjusted net income of $137 million. Basic earnings per share were $0.98 for the full year. Adjusted earnings per share were $1.10, compared to 2013 adjusted earnings per share of $0.94. Adjusted net income attributable to company was $160 million against $137 million a year ago. For 2015, CapEx is expected to be at $80 million to $85 million. Capital expenditures are expected to be higher in 2015, due to the inclusion of ZipRealty and onetime facility improvements at Cartus. Corporate cash interest expense is expected to be $205 million to $215 million, assuming no changes to the current capital structure.

Realogy Mulls Acquisitions

Realogy Holdings Corp. (NYSE:RLGY) is looking for acquisitions. Richard Smith, Chairman, Chief Executive Officer and President of Realogy Holdings Corp. said, "Our M&A pipeline is solid, and we will continue to be opportunistic with respect to accretive acquisitions."


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