Mr. Foley has over 32 years of experience in industry consolidation and delivering stockholder value, with a principal background in the financial, technology, insurance and services sectors. As a pre-eminent operator, Mr. Foley has led six separate multi-billion dollar public market platforms with hundreds of acquisitions, including Fidelity National Financial, Inc. (“FNF”), Fidelity National Information Services (NYSE: FIS) (“FIS”), Black Knight, Inc. (“Black Knight”), Ceridian HCM, Inc. (“Ceridian”), FGL Holdings Inc. (NYSE: FG) (“FGL Holdings”), and Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae Holdings”). As Founder, former CEO, and now Chairman of FNF, Mr. Foley, has built the largest title insurance company in the United States, growing equity value from $3.0 million to over $13.0 billion at its peak.
In addition to his operational expertise, Mr. Foley has a long track-record as a prudent investor and has realized significant gains on many large investments. During Mr. Foley’s career, many of his largest investments, whether founded or acquired had or acquired significant market share in the industries in which they operate, are essential utilities to industries that are core to the economy and had unseen potential for growth of revenues and/or operating margins.
Mr. Foley’s proven track record is driven by his value creation playbook. This playbook, when coupled with go-to-market organization optimization, strategic acquisitions and investing in growth, has been substantiated by Mr. Foley’s history of creating shareholder value, exceeding initial synergy estimates by an average of 1.4x initial forecasts and recruiting and developing leaders to implement his transformation initiatives. Key aspects of this playbook include:
- identifying cost savings
- enhancing cross-selling
- undertaking strategy shifts
- eliminating siloed organizational structures
- accelerating product expansion