LPS announces new chief financial officer
Lender Processing Services, Inc. (LPS) Thursday named Tom Schilling as executive vice president and chief financial officer. Schilling will be responsible for managing all aspects of the company's finances, as well as select internal operations. Schilling joins LPS with more than 20 years of experience both as a CFO and chief operating officer at companies including USA Mobility, Cincinnati Bell's Broadwing and MCI. "Tom's business development acumen and extensive financial and operational management experience make him an outstanding choice for our management team as we balance the execution of new growth opportunities with appropriate financial discipline and compliance," said Jeff Carbiener, LPS president and chief executive officer. "I am confident that LPS will benefit from Tom's wealth of experience as we move forward." Francis Chan, who previously held this position, will serve in a consulting role with LPS and will assist the company with special projects. LPS is a leading provider of integrated technology and services to the mortgage and real estate industries. The company also announced net 3Q earnings of $78.7 million on Thursday. Sarah Mueller is an editorial assistant with HousingWire.