CORELOGIC, INC. (NYSE:CLGX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
CORELOGIC, INC. (NYSE:CLGX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective March 6, 2017, the board of directors (the “Board”) of CoreLogic, Inc. (the “Company”) appointed Frank Martell as President and Chief Executive Officer of the Company. A Current Report on Form 8-K announcing his appointment was filed by the Company on March 6, 2017 (“March 6 8-K”). Mr. Martell’s biography was included in the March 6 8-K.
On March 14, 2017, the Compensation Committee of the Board reviewed and approved an increase in compensation for Mr. Martell in connection with his promotion to President and Chief Executive Officer. Effective as of March 6, 2017, Mr. Martell will receive the following compensation: base salary of $725,000; annual incentive compensation plan target of 125% of base salary; and long-term incentive plan target of 450% of base salary. Mr. Martell will enter into a new form of employment agreement and change in control agreement in connection with his promotion, which agreements will be summarized and filed once executed.
About CORELOGIC, INC. (NYSE:CLGX)
CoreLogic, Inc. is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. It operates through two segments: Property Intelligence and Risk Management and Work Flow. Its Property Intelligence segment and Risk Management and Work Flow segment owns or licenses real property, mortgage and consumer information, which includes loan information, property sales and characteristic information, natural hazard data, geospatial data, parcel maps and mortgage-backed securities information. Its valuation solutions provide a range of real estate valuation service. Its credit and screening solutions has access to consumer and business databases, which enables them to provide credit and income verification services to the mortgage, automotive and multifamily housing industries. CORELOGIC, INC. (NYSE:CLGX) Recent Trading Information
CORELOGIC, INC. (NYSE:CLGX) closed its last trading session up +0.20 at 40.00 with 732,495 shares trading hands.
CoreLogic, Inc. is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. It operates through two segments: Property Intelligence and Risk Management and Work Flow. Its Property Intelligence segment and Risk Management and Work Flow segment owns or licenses real property, mortgage and consumer information, which includes loan information, property sales and characteristic information, natural hazard data, geospatial data, parcel maps and mortgage-backed securities information. Its valuation solutions provide a range of real estate valuation service. Its credit and screening solutions has access to consumer and business databases, which enables them to provide credit and income verification services to the mortgage, automotive and multifamily housing industries. CORELOGIC, INC. (NYSE:CLGX) Recent Trading Information
CORELOGIC, INC. (NYSE:CLGX) closed its last trading session up +0.20 at 40.00 with 732,495 shares trading hands.
