Actual property analytics and knowledge options supplier Cotality on Thursday introduced that Wayne Peacock, the previous CEO of economic companies big USAA, was appointed Feb. 18 as an impartial member of Cotality’s board of administrators.
Peacock spent 36 years at USAA, together with 5 as its president and CEO. He led the Fortune 100 firm that serves 14 million members throughout its banking, insurance and retirement solutions divisions. A press launch from Cotality referred to as him a “transformational chief on the forefront of buyer expertise innovation and operational excellence.”
Throughout his time at USAA — which works solely with active-duty service members, veterans and their households — Peacock led the corporate in its quest for digital transformation, operational modernization and financial disruption. He led enterprise actions throughout the casualty insurance coverage, retail banking and enterprise threat administration arenas, amongst different duties.
“Wayne’s depth of expertise and his observe file main groups by means of expertise transformation in complicated industries will probably be a powerful addition to our board,” Patrick L. Dodd, president and CEO of Cotality, stated in a press release. “As knowledge, analytics and AI proceed to reshape housing, insurance coverage and capital markets, his experience and help will speed up Cotality’s continued progress and long-term strategic priorities.”
Peacock can also be a director for insurance coverage brokerage HUB Worldwide and vice chair for the Elizabeth Dole Basis, which advocates for army caregivers. He has beforehand held board and govt committee roles with the American Property Casualty Insurance coverage Affiliation, the Insurance coverage Info Institute, the Enterprise Roundtable and the insurance coverage coverage advisory committee for the Federal Reserve Board.
“All through my profession, I’ve led organizations the place buyer belief, operational self-discipline and monetary energy had been inseparable,” Peacock stated in a press release. “Housing and insurance coverage choices are among the many most essential monetary decisions people and establishments make. As knowledge and expertise play an more and more vital position in these choices, Cotality has the chance and accountability to ship readability, resilience and long-term worth. I look ahead to contributing to the board as Cotality continues to scale and advances by means of this thrilling subsequent part of its progress.”
Cotality board member Chuck Davis, the chairman and CEO of Stone Point Capital, lauded Peacock’s appointment.
“Wayne has led by means of complexity at scale, with a disciplined method to capital and operational execution,” Davis stated. “His background strengthens the board as Cotality continues increasing its position as a mission essential supplier of information and analytics to the actual property, property and casualty insurance coverage, and broader monetary companies markets.”
