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Industry News

LandAmerica Appoints Theodore L. Chandler, Jr. as Chief Operating Officer

July 25, 2002

RICHMOND, Va., /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc., (NYSE: LFG - News), a leading provider of real estate transaction services, has promoted Theodore L. Chandler, Jr. to the position of Chief Operating Officer. Chandler will be responsible for all of LandAmerica's operations, which includes title insurance operations, agency services, and onestop services for regional and national lenders. He will report to Janet A. Alpert, the company's president. A member of the board of directors since 1991, Chandler joined LandAmerica in 2000 and most recently served as the company's senior executive vice president, where he was responsible for strategy development and an expanded strategic focus for the company.

"After leading our strategic thinking process for the last two years, Mr. Chandler will now be responsible for the tactical integration of our strategy within our operations," said Chairman and Chief Executive Officer, Charles H. Foster, Jr. "This move signifies our commitment to growth, and to our strategy of integrated solutions through best in class products and services, including information, fiduciary, assurance, and settlement services."

Prior to joining LandAmerica, Chandler practiced law for 22 years at Williams Mullen where he served on the board of directors and led the corporate and securities team. Chandler also serves on the board of directors and executive committee of Hilb, Rogal, and Hamilton Company, a New York Stock Exchange property and casualty insurance broker, and the board of directors for Mutual Assurance Society of Virginia, a 200-year-old mutual insurance company.

Chandler received his juris doctor from the T.C. Williams School of Law at the University of Richmond and his bachelor of science degree in accounting from the McIntire School of Commerce at the University of Virginia.

Source: LandAmerica Financial Group, Inc.

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