North American Title Group Names New President to Replace Retiring Reed

September 3, 2013

North American Title Group (NATG) announced Tom Fischer was named president and chief executive officer to replace Linda Reed, who is retiring at the end of 2013.

Reed, who spent 37 years with Lennar Corp. and North American Title, will serve in an advisory role through the end of the year.

“Under Linda’s leadership, North American Title Group has grown to become one of the largest and most respected title companies in the nation, with over 125 offices and more than 1,000 associates,” said Bruce Gross, vice president and chief financial officer of Lennar Corp. “We are all very proud of her career and what she has accomplished at North American Title.”

Reed began her career 1976 with Lennar Corp., the parent company of North American Title. Moving to Lennar Financial Services as executive vice president in 1992, she became president of Lennar Title Services in 1997 – helping Lennar acquire eight title companies and integrate them into what is now the North American Title family.

“I am grateful to have spent over 37 years with this great company and deeply honored to have had the opportunity to lead it for the past 15,” Reed said. “I am very proud of what my North American Title colleagues around the country have accomplished together during a period of both success and challenges.

Stepping in to replace Reed is Fisher, who brings nearly 25 years of leadership in legal, title, escrow and homebuilder operations to this position.

“The combination of Tom’s national title, retail and escrow operations experience, his leadership style and skills, and his knowledge of homebuilder sales and operations make this opportunity a perfect fit for him and for North American Title,” Gross said.

Fischer’s career began as an attorney at an Ohio law firm. After eight years in the legal profession, he started a title agency in 1998 that was later sold to a Centex Homes subsidiary, Commerce Title. Fischer served as regional vice president, senior vice president, and ultimately as president of Commerce Title Insurance Co., and executive vice president, director of national title operations for Commerce Title Co.

Commerce Title had a national footprint and handled captive builder business as well as non-builder business before it was acquired in 2010 following Pulte Homes’ purchase of Centex Homes. Most recently, Fischer served as director of homebuilder sales and operations for the Eastern division of First American Title Insurance Co.

“Linda Reed and the North American Title team have done a tremendous job of building North American Title Group into an industry-leading company,” Fischer said. “I am honored to have been entrusted with this opportunity. I look forward to working with the talented NAT team as we grow our company and continue to provide superior products and service to our customers.”

Fischer will maintain offices in Hudson, Ohio, and at the company headquarters in Miami.

Contact ALTA at 202-296-3671 or [email protected].