FNF Chairman Steps Down; Replacement Named
|October 21, 2010|
Fidelity National Financial, the parent of Fidelity National Title Group, reported its chief executive offer stepped down.
Fidelity reported CEO Alan Stinson will remain with the company as executive vice president. He joined Fidelity National in 1998 as executive vice president of financial operations and was named chief financial officer in 1999 and CEO in 2007.
George Scanlon, the company’s chief operating officer, was named the new CEO. Scanlon is a former chief financial officer of Fidelity National Information Services, an electronic payment processing and outsourcing company bought by Metavante Corp. last year. Previously, he served as CFO for BFC Financial Corp. and Levitt Corp.
In his new position, Stinson will focus on oversight and board membership for the company's subsidiaries, with an emphasis on accounting and finance activities, FNF investor relations and aiding in mergers and acquisitions activities.