“On behalf of the CoreLogic board of directors and our employees, it is with deep sorrow that we announce the unexpected passing of Anand Nallathambi,” said Paul Folino, chairman of the board of directors. “Anand led CoreLogic from its inception as a public company in June 2010 to a high-performing leader in the housing market. Anand was an outstanding leader, and we will miss his many talents, energy and can-do spirit. Our thoughts are with Anand’s family and friends.”
Nallathambi was succeeded by CoreLogic’s COO, Frank D. Martell, as president and CEO and appointed to the board of directors.
“Anand was truly a very special and unique man. Anand led the transformation of CoreLogic into a leader in the global housing ecosystem,” Martell said. “He was one of those extraordinary people that everyone loved and wanted to be around. I will so miss him — his great warmth, grace, integrity and our close friendship.”
Martell joined CoreLogic in 2011 as chief financial officer and in 2014 became the company’s chief operating officer. He also served as president and CEO of the Western Institutional Review Board and chief financial officer of Advantage Sales and Marketing
and Information Services Group.
Both Nallathambi and Martel worked aggressively together to shape the company into the global property analytics leader it has become.
“Mr. Martell is a proven leader with a track record of delivering exceptional operating and financial performance,” Folino said. “He is well-known and respected by the company's employees, clients and investors, and I believe his intimate knowledge and extensive experience with the company make him uniquely qualified to lead CoreLogic.”
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Anand Nallathambi, former president and CEO of CoreLogic, died unexpectedly Thursday after a brief illness, according to a news release.