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Realogy Appoints Charlie Young as President & CEO of ERA Franchise Systems LLC

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RISMEDIA, April 15, 2009-Realogy Corporation, a global provider of real estate and relocation services, today announced the appointment of Charlie Young as president and CEO of ERA Franchise Systems LLC. Young succeeds beloved former president and CEO Brenda W. Casserly, who passed away on April 1 after a long and brave battle with cancer.

“As difficult as it is for us to lose a leader like Brenda, it is extremely reassuring to know that she strongly supported Charlie as her successor,” said Alex Perriello, president and CEO of the Realogy Franchise Group, to whom Young will now report. “I am confident that Charlie is up to the challenge of carrying on ERA’s ‘Always There For You’ legacy, as well as the continued strategic growth and development of the ERA franchise system. I’m pleased that the ERA family already has embraced him so warmly.”

Young joined the ERA Real Estate executive team earlier this year as chief operating officer. In his new role, Young will be responsible for enhancing the ERA value proposition and the implementation of growth and profitability strategies for its member brokers across a 2,800-office network worldwide.

Young has more than 20 years of experience in business management, field operations, marketing and real estate operations. Before coming to ERA in 2009, he spent five years with Coldwell Banker Real Estate LLC, most recently as its chief operating officer after joining that brand as senior vice president of marketing.

While there, he spearheaded several innovative programs that served as industry firsts while establishing himself as a recognized industry speaker.

Previously, Young was vice president for then Cendant Mortgage (now PHH Mortgage), working with brokers to implement private-labeled mortgage programs. He has also held executive positions at Frequency Marketing Inc., Foote, Cone & Belding Direct, Bell Atlantic (Verizon) Directory Services, the New Jersey Nets, and he is a 1987 graduate of Emory University.

For more information and to see a memorial remembrance ‘Message from the President’ by Brenda W. Casserly, visit http://www.era.com/.

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