Ryan Gorman Appointed to Lead Strategic Operations for NRT LLC, Nation's Largest Residential Real Estate Brokerage

PARSIPPANY, NJ - May 8, 2012

NRT LLC, the nation’s largest residential real estate brokerage company, has appointed M. Ryan Gorman to Senior Vice President of Strategic Operations. In this newly created post, Gorman will lead the company’s overall strategic growth and competitive analysis functions to ensure NRT is positioned to take full advantage of the recovering housing market. He will also have operational responsibility for growing NRT’s commercial, insurance, real estate owned (REO), property management and rental businesses, as well as overseeing its mortgage, title and home warranty services partnerships.

“Ryan has repeatedly shown exemplary business acumen and strategic vision both in his efforts to grow Realogy’s business and in the numerous successful mergers and acquisitions he has executed over the past few years,” said Richard A. Smith, chairman, chief executive officer and president of Realogy Corporation, NRT’s parent company.

Prior to this appointment, Gorman oversaw strategic development and merger and acquisition activities for Realogy and its four business units. Gorman was the driving force behind TRG’s acquisition of Texas American Title Company, Cartus’ acquisition of Primacy Relocation and NRT’s acquisition of Coldwell Banker Preferred in Philadelphia. He also contributed significant strategy work for Realogy’s world-renowned brands and franchisees.

“I am confident that Ryan will do an exceptional job leveraging his expertise to enhance NRT’s operations and accelerate our company’s strategic growth,” said Bruce Zipf, NRT’s president and chief executive officer. “He is a valuable addition to our senior leadership team.”

Before joining Realogy in 2004, Gorman held advisory and principal investment roles with PricewaterhouseCoopers, Credit Suisse, and The Blackstone Group. He graduated with honors from the Wharton School of the University of Pennsylvania.

NRT, the nation’s largest residential real estate brokerage, owns and operates approximately 725 offices and has 41,500 sales associates in 35 major metropolitan areas. NRT, its affiliated companies, marketing partners or joint ventures also provide mortgage, title, insurance, escrow, warranty, relocation and concierge services to NRT's family of companies. A subsidiary of Realogy Corporation, NRT operates Realogy's company-owned real estate brokerage offices under the world-renowned brand names of Coldwell Banker®, Coldwell Banker Commercial®, ERA®, Sotheby's International Realty® and The Corcoran Group®. Realogy is a leading global provider of real estate and relocation services.

Media Contact:
Kathy Borruso
(973) 407-5041

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