Theodore L. Chandler Jr. has been named president and chief executive officer of LandAmerica Financial Group Inc., Richmond, Va., which said the move brings about a separation of the roles of chairman and CEO at the company.The appointment is effective Jan. 1. Charles H. Foster Jr., the current chairman and CEO, will continue to serve as chairman, LandAmerica said. Mr. Chandler is currently LandAmerica's president and chief operating officer. Before joining LandAmerica full time, he practiced law for 22 years at the Williams Mullen law firm.
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Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
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Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
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