People: Stewart Information Services Corp (STC.N)
19 Jul 2019
Mr. Thomas G. Apel is an Independent Chairman of the Board of Stewart Information Services Corporation. He is Chief Executive Officer of Adfitech, Inc., an outsource service provider to the mortgage industry located in Edmond, Oklahoma. He is also a research affiliate with the Massachusetts Institute of Technology (MIT), currently focused on business model taxonomy, corporate board effectiveness and IT portfolio strategies. From 2006 until January 1, 2013, Mr. Apel was President of Intrepid Ideas Inc., a product development, technology evaluation, and business strategy-consulting firm for financial services and real estate finance companies. Additionally, from 2006 to September 2009, Mr. Apel served as Chairman of Adfitech, Inc., which filed for bankruptcy along with its parent company Thornburg Mortgage, Inc. in May 2009, and emerged from bankruptcy in 2010. Prior to 2006, he served as President and Chief Executive Officer of Centex Title and Ancillary Services, and was responsible for management, strategy development and implementation of a highly profitable business unit containing national title, escrow, title insurance and property and casualty insurance operations. His background also includes extensive experience in mortgage lending and related real estate lending operations.
|Total Annual Compensation, USD||135,000|
|Restricted Stock Awards, USD||60,000|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||1,000|
|Fiscal Year Total, USD||196,000|