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Irvine-based CoreLogic, a supplier of residential real estate data, announced Pat Dodd as interim chief executive, taking over for Frank Martell, who will assume the position of non-executive Chairman of the CoreLogic Board.
Martell led a successful battle against a hostile takeover bid that ended when it was acquired last June by Stone Point Capital and Insight Partners in a $6 billion deal. During the proxy battle, the shares almost doubled in value.
“By every measure, CoreLogic delivered the best year in the Company’s history in 2021,” Martell said in a statement.
“I am proud to have created significant stakeholder value by leading the transformation of CoreLogic over the past decade into a scaled leader providing must-have data, platforms and analytics that power the residential housing ecosystem,” he said.