Industry NewsMarkets & Economy

LPS CEO resigns for health-related reasons

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Jeffrey S. Carbiener has resigned from his positions as CEO, president and director of Lender Processing Services, due to "significant health-related reasons," the loan data aggregator announced today. "Although I would very much like to continue leading our outstanding team, because of recent changes in my health, I have made the decision to resign," Carbiener said in a statement.   A committee established by LPS' board of directors will search for a replacement, the company said. Meanwhile, Lee A. Kennedy will serve as interim president and CEO. Kennedy is the board's executive chairman and the former CEO of LPS' prior parent company, Fidelity National Information Services Inc. "The LPS board of directors greatly appreciates the strong vision and business acumen Jeff has demonstrated since the launch of the company three years ago. However, we fully understand, respect and support his decision to resign in light of his health issues," Kennedy sa...