Fauth named president and CEO of Stewart Title of Minnesota, and Minnesota state manager for Stewart Title Guaranty Co.
HOUSTON (June 18, 2007) – Dave Fauth has been named president and chief executive officer of Stewart Title of Minnesota, and will also serve as Minnesota state manager for its underwriter, Stewart Title Guaranty Co. (STGC).
Stewart Title of Minnesota and Stewart Title Guaranty Co. are wholly owned subsidiaries of Stewart Information Services Corp. (NYSE-STC).
Fauth is an industry veteran and has been associated with Stewart for many years. He previously worked for Stewart Title of Minnesota, first in sales from 1985 to 1989, and later in various positions from 1994 to 2000 including serving as president. Most recently, Fauth was co-owner and president of Alliance Title Co. in Hutchison, Minn., a Stewart Title agency.
“Dave is a seasoned executive in the industry, from escrow to operations and sales, and has always been a part of profitable and successful title companies and STGC companies,” said Tom Sagehorn, group president, Stewart Title Co., and region manager, Stewart Title Guaranty Co.
“The new prototype of successful president now and in the future will no longer have just experience in production or operations, but also will lead the way through personal activity in building new relationships,” added Sagehorn. “Dave takes a genuine interest in his customers and in meeting new people to bring in new business to the company.”
Fauth is a graduate of Bethel College, St. Paul, Minn., with a bachelor’s degree in business administration.
Stewart Information Services Corp. is a customer-oriented, technology-driven, strategically competitive, real estate information and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries through more than 9,500 policy-issuing offices and agencies in the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at www.stewart.com/.