CoreLogic is a solid company with solid earnings, low debt, and large cash reserves. As of late, their stock has performed very well.
Much of their favor in the markets has been driven by the company’s focus on becoming more customer-centric in their approach to business. In a press release today, the media was provided with a taste of the new CoreLogic business strategy under the leadership of senior company executive, George Livermore. Livermore’s title was previously group executive and executive vice president for the Data & Analytics segment of CoreLogic.
Today, George Livermore was named Group Executive, Global Sales and Client Strategy. Livermore has always been genius at leveraging CoreLogic’s expansive data assets into industry leading products. That is in his blood and unlikely to change. But, the board has clearly signaled that Livermore’s chief responsibility is to drive sales growth through client strategy.
There was no mention of any other restructuring in the release. It will be great to watch how their customer strategy plays out in their MLS, Tax, and Broker businesses in 2013.
Press Release Follows:
Irvine, Calif., January 14, 2013—CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, appointed George Livermore to group executive and executive vice president, Global Sales and Client Strategy. In this role, Mr. Livermore has overall responsibility for sales and marketing and delivering on the Company’s enterprise growth strategy. Mr. Livermore has more than 25 years’ experience in the housing finance and property information business and was previously group executive and executive vice president for the Data & Analytics segment of CoreLogic.
About CoreLogic
CoreLogic (NYSE: CLGX) is a leading property information, analytics and services provider in the United States and Australia. The company’s combined data from public, contributory, and proprietary sources includes over 3.3 billion records spanning more than 40 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, transportation and government. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in seven countries. For more information, please visit www.corelogic.com.
Disclosure: WAV Group performs research and consulting projects from time to time for CoreLogic.
Your MLS outage is killing me. I’ve got multiple deadlines I am going to miss, which is going to cost me business. Fix your freaking MLS Web sites!!!