Chairman, President and Chief Executive Officer, Realogy Corporation
Richard A. Smith is president and chief executive officer of Realogy Corporation, a global provider of real estate and relocation services with a diversified business model that includes real estate franchising, brokerage, relocation and title services. Previously, Smith served as chairman and CEO of the Real Estate Services Division of Cendant Corporation from 1996 to August 2006, when the Division was spun off from Cendant to create Realogy, a new standalone company. Smith was vice chairman of the board and president from the time of the spin-off to November 2007, when he was appointed as Realogy’s CEO in addition to his role as president. Smith oversees the Realogy Franchise Group, which consists of the Better Homes and Gardens, Real Estate, CENTURY 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International Realty real estate brands, which, combined, have approximately 14,900 franchised and company-owned offices and 264,000 brokers and agents worldwide; Cartus, a global leader in corporate and government employee relocation that annually assists more than 140,000 employees in 160 countries for a client base including nearly half of the Fortune 50; NRT LLC, the nation’s largest residential real estate brokerage company with approximately 750 offices and 45,000 sales associates in more than 35 of the nation’s largest metropolitan markets; and Title Resource Group (TRG), a prominent full-service title and settlement services company. Smith is a member of the Business Roundtable, and in 2009 served as chair of its Housing Working Group, which successfully advocated for the passage of legislation by Congress to extend and expand the Homebuyer Tax Credit. Smith also is a member of the Policy Advisory Board for the Joint Center for Housing Studies of Harvard University, an honorary member of the Easter Seals National Board of Directors, a member of the Columbus State University Foundation Board of Trustees, and a former member of the New Jersey Economic Growth Council. Smith is also a past recipient of the Ellis Island Medal of Honor, presented by the National Ethnic Coalition of Organizations (NECO) Foundation, Inc. In March 2010, Smith was named as one of “The 50 Most Powerful People in U.S. Real Estate” by Bloomberg Businessweek magazine. Smith earned his Bachelor of Science degree at Columbus State University and received his Master of Science degree from Troy State University.