Capital Title Group Promotes Mark C. Walker to Executive Vice President and Chief Operating Officer.SCOTTSDALE, Ariz. -- Capital Title Group, Inc. (Nasdaq:CTGI CTGI Capital Title Group Inc ) - Mark C. Walker, who most recently served as Vice President and Chief Financial Officer, has been promoted to Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Capital Title Group, Inc. He joined Capital Title in 1998 as the company's Chief Financial Officer (CFO See Chief Financial Officer. ) and for the near term will continue in that position along with his new assignment. The promotion, which is effective immediately, was announced today by Donald R. Head, chairman, president and chief executive officer. "As our CFO, Mark has spent a large portion of his time in operations along side our executive management team coordinating the integration of multiple acquisitions and our increasing market share within local regions. He has served a vital role in our growth from a regional operation to a national firm with a broad scope of services for our clients. His knowledge and history of Capital Title is invaluable to our organization," stated Head. "It is a pleasure to have the opportunity to be a part of an organization such as Capital Title," said Walker. "We have assembled an outstanding group of experienced, customer oriented team members that have contributed to our rapid growth and success. I look forward to my expanded role and the opportunity to work with everyone in the Capital Title family of companies to continue building our quality organization." Walker received his Bachelor of Science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies degree in Accounting from the University of Northern Iowa The University of Northern Iowa, in Cedar Falls, Iowa, was founded in 1876, as the Iowa State Normal School. It has colleges of Business Administration, Education, Humanities and Fine Arts, Natural Sciences, and Social and Behavioral Sciences, and a graduate school. and is a Certified Public Accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. and a Certified Management Accountant You can assist by [ editing it] now. . Capital Title Group was listed number 21 in FORTUNE'S 100 Fastest Growing Companies in America in 2004 and is a national provider of title, appraisal and other transaction services to the real estate and mortgage lending industries. Headquartered in Scottsdale, Arizona, Capital Title Group, Inc. through its subsidiaries offers services throughout the United States for title insurance, appraisal and valuation services, and other related services to residential and commercial customers in the real estate and mortgage lending industries. Subsidiary companies include - Capital Title Agency, New Century Title Company, United Title Company, First California Title Company, Land Title of Nevada, CTG CTG Cartridge CTG Center for Technology in Government (SUNY, Albany, New York) CTG Center for Technology in Government CTG Computer Task Group (IT consulting company; Buffalo, NY, USA) Real Estate Information Services See Information Systems. , Nationwide Appraisal Services, Nationwide TotalFlood Services, Inc., Real Estate Appraisal Real estate appraisal An estimate of the value of property using various methods. Services, Inc., NAC See network access control. 1031 Exchange Services, 1031 ExchangePoint, Inc. and AdvantageWare - with strategically located offices in Arizona, California, Nevada, Ohio, Pennsylvania and Texas. The Company is also licensed to issue and underwrite title insurance policies in Arizona, California, Nevada, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Texas through United Capital Title Insurance Company. The combined companies have in excess of 2,500 employees. Visit our web sites for more information on the Company and its subsidiaries: www.capitaltitlegroup.com www.capitaltitle.com www.nationwide-totalflood.com www.landtitlenv.com www.nationwidesolution.com www.unitedtitle.com www.newcenturytitle.com www.firstcal.com www.awiware.com www.nascopgh.com www.nac1031.com www.1031exchangepoint.com May We Have your opinion? http://www.b2i.us/sendFeedBack.asp?B=576&RL=10499&S=16614 Certain statements in this release may be "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of capital expenditures; projections of growth; hiring plans; plans for future operations; financing needs or plans; plans relating to the company's products and services; and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. Some of the important factors that could cause the company's actual results to differ materially from those projected in forward-looking statements made by the company include, but are not limited to, the following: fluctuations in interest rates that can affect operating results, intense competition, past and future acquisitions, expanding operations into new markets, risk of business interruption, management of rapid growth, need for additional financing, changing customer demands, dependence on key personnel, sales and income tax uncertainty and increasing marketing, management, occupancy and other administrative costs. These factors are discussed in greater detail in the company's Annual Report on Form 10-K for the year ended December 31, 2004, as filed with the Securities and Exchange Commission. |
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