JACKSONVILLE, Fla.,
Feb. 2, 2017 /PRNewswire/
-- Fidelity National Financial, Inc. ("FNF") today announced
that its Board of Directors adopted a resolution to increase the
size of the Company's Board of Directors to twelve and elected
Raymond R. Quirk to serve on its
Board of Directors.
Mr. Quirk is the Chief Executive Officer of FNF and has served
in that capacity since December 2013.
Previously, he served as the President of FNF beginning in April
2008. Since joining FNF in 1985, Mr. Quirk has served in
numerous other executive and management positions, including
Executive Vice President, Co-Chief Operating Officer, Division
Manager and Regional Manager, with responsibilities for managing
direct and agency title operations nationally.
"Randy has been a vital leader in our title operations for more
than thirty years," said Chairman William
P. Foley, II. "As we move towards FNF being primarily a
title insurance company, we believe that Randy's expertise,
experience and judgement will be a great addition to our Board of
Directors."
About Fidelity National Financial, Inc.
Fidelity
National Financial, Inc. is organized into two groups, FNF Group
(NYSE: FNF) and FNFV Group (NYSE: FNFV). FNF is a leading provider
of title insurance, technology and transaction services to the real
estate and mortgage industries. FNF is the nation's largest
title insurance company through its title insurance underwriters -
Fidelity National Title, Chicago Title, Commonwealth Land Title,
Alamo Title and National Title of New
York - that collectively issue more title insurance policies
than any other title company in the
United States. FNF also provides industry-leading mortgage
technology solutions and transaction services, including MSP®, the
leading residential mortgage servicing technology platform in the
U.S., through its majority-owned subsidiaries, Black Knight
Financial Services and ServiceLink Holdings. FNFV holds majority
and minority equity investment stakes in a number of entities,
including American Blue Ribbon Holdings, LLC, Ceridian HCM, Inc.,
Digital Insurance, Inc. and Del
Frisco's Restaurant Group, Inc. More information about
FNF and FNFV can be found at www.fnf.com.
Forward-Looking Statements
This press release contains
forward-looking statements that involve a number of risks and
uncertainties. Statements that are not historical facts, including
statements regarding our expectations, hopes, intentions or
strategies regarding the future 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 financial and operating results 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; weakness or
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 distributions from our
title insurance underwriters as a main 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.
FNF - G
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SOURCE Fidelity National Financial, Inc.