Industry News

Stone resigns from Fidelity board

Former FNIS CEO will act as consultant

Fidelity National Financial on Thursday announced that Patrick F. Stone has resigned from its board of directors. Stone most recently served as the chief executive officer of Fidelity National Information Solutions Inc. (FNIS), a majority-owned subsidiary of FNF. FNF acquired all of the outstanding stock of FNIS that it did not already own on Sept. 30, 2003, essentially erasing Stone's position. Stone has signed a five-year non-compete agreement with FNF and will remain a consultant to the company. "We thank Pat for all of his contributions to the FNF family of companies over the last 15 years," said William P. Foley, II, chairman and chief executive officer. "We look forward to his input as a consultant and wish him well in his other future endeavors." Fidelity National Financial Inc. (NYSE: FNF), number 326 on the Fortune 500, is a provider of products and outsourced services and solutions to financial institutions and the real estate industry. *** Send a Letter to the Editor...