Home Topics Real Estate Realogy appoints first black board member

Realogy appoints first black board member

Felicia Williams is a seasoned executive at retailer Macy’s. She will serve on the Audit Committee of the Realogy Board.

Real estate giant Realogy, which owns well-known brands like Coldwell Banker and Century 21, announced on Friday that it has appointed Felicia Williams to its board of directors.

Felicia Williams

Williams is a seasoned manager with extensive experience at Macy’s clothing retailer and the first Black Director to join Realogy’s board of directors. She will serve as a financial expert on the Board of Directors’ Audit Committee and is the 11th member of the Board of Directors.

In a statement Friday, Williams said she was “excited” to join Realogy.

“As the company continues its transformation journey, I look forward to working with my fellow board members and the Realogy management team to lead and position the company for future success,” she added.

Ryan Schneider

Realogy CEO and President Ryan Schneider added in the statement that Williams’ “extensive financial literacy, including her deep understanding of accounting principles, financial reporting and corporate risk, reinforces our commitment to excellence in all aspects of our business. “

“I’m incredibly excited to work with her,” he added.

Williams has been with Macy’s for 17 years. She is currently Macy’s grantee from CEO Action for Racial Equity, a corporate coalition campaigning for racial equality. In 2020, Williams was also Macy’s interim chief financial officer and previously executive vice president.

Realogy’s statement added that prior to joining Macy’s as an executive, Williams performed “key corporate finance functions” including risk management, financial services, investor relations and more.

Before joining Macy’s, Williams worked for Coca-Cola. She is currently also a board member at Meridian Bioscience.

Williams’ appointment to Realogy’s board of directors comes at a time when many large real estate companies are trying to diversify their leadership roles. For example, last September, both Zillow and Redfin joined a cross-industry pledge to work to improve diversity among their board members. And about a month later, Zillow named his first black board member.

Realogy has worked in the past to make its board more than a white male club, and a recent report shows that by the end of 2020, nearly a third of its members were women. The board has already included people of color, although Williams is the first black member.

Michael J. Williams

Michael J. Williams, CEO of Realogy, was ultimately delighted with Williams joining the company.

“Felicia is a proven executive with a wealth of skills and experience in finance and risk management that will undoubtedly complement Realogy’s highly regarded board,” he said. “We look forward to working with her immediately.”

Email Jim Dalrymple II

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