Realogy Once Again Honored For Female Representation On Board Of Directors
Company Recognized by Both Executive Women of New Jersey and Women's Forum of New York for Third Consecutive Time
MADISON, N.J., Nov. 19, 2019 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY), the largest full-service residential real estate services company in the United States, was recently honored for significant women's representation on its Board of Directors by Executive Women of New Jersey (EWNJ) and the Women's Forum of New York—organizations dedicated to women's leadership and accelerating gender balance on corporate boards. Realogy was recognized for having at least 30 percent of its board seats held by women, exceeding the national average of approximately 20 percent female-held board seats at S&P 500/Fortune 1000 companies.
EWNJ's "A Seat at the Table" Honor Roll highlights New Jersey based public companies meeting the 30 percent threshold, while the Women's Forum of New York list of "Corporate Champions" salutes S&P 500 and Fortune 1000 companies who meet the same standard. Both recognitions are biennial and Realogy has been honored each of the last three times.
"We're proud to be among the companies that recognize the importance of gender balance on corporate boards, but we don't stop there," said Sunita Holzer, Chief Human Resources Officer, Realogy. "We have been quite successful placing women in leadership roles, with 50% of our executive team—roles reporting to our CEO—and 71 percent of our overall employee base composed of women. This is important in the real estate industry, where nearly 70 percent of agents are female according to the National Association of Realtors and studies show the primary homebuying decisionmakers are women."
"Congratulations to the corporations listed on our Honor Roll for leading the way in making corporate leadership more inclusive. This year, a record 30 companies made our list—nearly twice as many as four years ago. And while we clearly have a lot more work to do, this news shows that our efforts are having an impact," said Barbara Kauffman, President of EWNJ and EVP & COO of Newark Regional Business Partnership. "It demonstrates that more companies recognize the tremendous value of women's leadership and are taking active steps to ensure that women have equal access to opportunities for ascension."
The Women's Forum of New York highlighted similar progress, honoring 323 companies this year compared with 201 companies in 2017 and just 114 companies in 2015. "These progressive companies and their leaders are leading the way to gender parity in the boardroom by 2025," said Janice Reals Ellig, CEO of Ellig Group and Co-Chair of the 2019 Breakfast of Corporate Champions, a related event celebrating companies meeting the 30 percent standard.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran Group®, ERA®, Sotheby's International Realty® as well as NRT, Cartus® and Title Resource Group. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage, and title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 190,000 independent sales agents in the United States and approximately 110,400 independent sales agents in 112 other countries and territories. Realogy is headquartered in Madison, New Jersey.
SOURCE Realogy Holdings Corp.
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