CoreLogic CEO granted medical leave

Anand Nallathambi, the CoreLogic chief executive who oversaw the property data firm’s spinoff from First American Finance Corp., is is taking a medical leave of absence, the company announced in a regulatory filing.Chief Operating Officer Frank Martell,...

CoreLogic CEO granted medical leave

Anand Nallathambi, the CoreLogic chief executive who oversaw the property data firm’s spinoff from First American Finance Corp., is is taking a medical leave of absence, the company announced in a regulatory filing.

Chief Operating Officer Frank Martell, 57, will step in as president and CEO during Nallanthambi’s absence, which the CoreLogic board approved on Monday.

The company filing with the Securities and Exchange Commission didn’t disclose the reason for Nallathambi’s leave or how long he’s expected to be away from his $6 million-a-year job.

Irvine-based CoreLogic is one of the nation’s biggest real estate data firms, with 3.3 billion records covering 99 percent of U.S. properties over the past 40 years.

Nallathambi, who is in his mid-50s, has been at the helm of CoreLogic since it broke away from First American in mid-2010. He served in executive positions at First American since 2009 and had been with that firm for 18 years prior to the split. He earned an economics degree in his native India and came to the United States at 20 to get his MBA from California Lutheran University.

Contact the writer: 714-796-7734 or jcollins@ocregister.com

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