The Realogy Franchise Group (RFG), a global leader in real estate franchising, today announced the recent appointment of Carter Murdoch, Ph.D. to the newly created role of senior vice president of operations. Murdoch will oversee RFG's Centers of Excellence, which provide expertise, support and solutions for Realogy-affiliated brokers across all of its brands in the specific areas of business development, data, learning and technology deployment.

Murdoch most recently held the role of senior vice president, strategic growth and industry relations at Century 21 Real Estate LLC, which is part of the Realogy Franchise Group. He also has more than 20 years of operational management experience in the mortgage and banking industries.

"Carter Murdoch has gained a deep knowledge of our brands, the Realogy Franchise Group as a whole and he understands the business needs of our franchisees," said Alex Perriello, president and chief executive officer, Realogy Franchise Group. "He is a seasoned professional with a proven track record, and I have tremendous confidence in his ability to lead our Centers of Excellence."

"The RFG Centers of Excellence are comprised of integrated teams and strong resources that taken together provide a level of service and specialty consulting currently unmatched in our industry," said Murdoch. "I am eager to oversee the leadership of these Centers and leverage our strategy to bring a whole new level of service to our affiliated brokers and independent sales associates."

Murdoch was previously with Bank of America for 11 years, during which he most recently served as senior vice president of business operations. Previously, he served as managing director and principal economist for the National Association of REALTORS®. He completed his Ph.D. in Economics from Drexel University's LeBow College of Business, an M.A. in Administration from Villanova University and a B.A. in Economics from Syracuse University.

About Realogy Holdings Corp.

Realogy Holdings Corp. (NYSE: RLGY) is a global leader in residential real estate franchising and brokerage with many of the best-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, The Corcoran Group®, ERA®, Sotheby's International Realty® and ZipRealty®. Collectively, Realogy's franchise system members operate approximately 13,600 offices with more than 257,200 independent sales associates conducting business in 110 countries and territories around the world. NRT LLC, Realogy's company-owned real estate brokerage, is the largest residential brokerage company in the United States, operates under several of Realogy's brands and also provides related residential real estate services. Realogy also owns Cartus, a prominent worldwide provider of relocation services to corporate and affinity clients; Title Resource Group (TRG), a leading provider of title, settlement and underwriting services; and ZapLabsSM, its innovation and technology development subsidiary. Realogy is headquartered in Madison, New Jersey.