RICHMOND, Va., Feb. 17 /PRNewswire-FirstCall/ -- LandAmerica Financial
Group, Inc. (NYSE: LFG), a leading provider of real estate transaction
services, announces that Albert V. Will has been named Executive Vice
President - Lender Services. In this role, he will oversee all of
LandAmerica's centralized real estate transaction services for lenders and
mortgage servicers nationwide. He will be located in Richmond and assume
responsibilities on March 15, 2005.
Since beginning his career in 1978, Will has held a variety of positions
of increasing importance in the financial services industry. In 1995, Will
joined Bank One Mortgage as Chief Operating Officer and board member. In 1998,
he was recruited to Amerin Guaranty by its President to be an Executive Vice
President, managing operations, risk management, and technology. Shortly
after, he managed the operational integration of the merger of Commonwealth
Mortgage Assurance Corporation (CMAC) and Amerin Guaranty. Will worked in
various sales, operations, and strategic planning capacities with the
resulting nationally-known company. In 2001, he was named President of the
company's wholly owned, eCommerce subsidiary until his departure in April of
2004.
In 2004, Will founded a regional title insurance and closing management
company in the Midwest -- his second successful start-up enterprise in a
career marked by entrepreneurship. In addition to his duties there, Will has
been working as a business and management consultant to both the banking and
real estate transaction services industries.
"Al brings extensive strategic and operational expertise in the mortgage
services arena to our Lender Services team," says Theodore L. Chandler, Jr.,
President and Chief Executive Officer of LandAmerica. "He has shown that he
knows what services customers need and how best to deliver those services to
them."
Will received a bachelor of science in business administration from the
State University of New York at Albany in Albany, New York.
About LandAmerica Financial Group, Inc., a Fortune 500 company
Headquartered in Richmond, Virginia, LandAmerica Financial Group, Inc. is
a leading provider of real estate transaction services and on Fortune
magazine's 2004 list of most admired companies. Through its many subsidiaries,
LandAmerica serves residential and commercial customers with more than 800
offices and a network of 10,000 active agents throughout the United States,
Mexico, Canada, the Caribbean, Latin America, and Europe.
SOURCE LandAmerica Financial Group, Inc.
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Related links:
http://www.landam.com
CONTACT:
G. William Evans, Chief Financial Officer,
+1-804-267-8114, bevans@landam.com, or Lloyd Osgood, SVP -
Corporate Communications, +1-804-267-8133, losgood@landam.com,
both of LandAmerica Financial Group, Inc.
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