Equifax Inc. (NYSE:EFX) announced that Robert D. Marcus has been elected to the Board of the Directors effective November 1, 2013, and will also serve on the Board’s Governance Committee effective January 1, 2014. Following this change, the company’s Board will consist of 10 directors, including nine independent directors.
Mr. Marcus is President and Chief Operating Officer and a director of Time Warner Cable Inc. (TWC). He oversees Residential Services, serving more than 14.7 million customers in 29 states; Business Services, serving more than 579,000 small, medium and enterprise sized businesses; Media Services, the company’s advertising arm; and Technology and Network Operations. TWC has announced that, effective January 1, 2014, Mr. Marcus will become its Chairman and Chief Executive Officer.
Richard F. Smith, Equifax Chairman and Chief Executive Officer, said: “Rob Marcus is an outstanding addition to our Board. He brings extensive experience in operations, strategy, acquisitions and working in a regulated environment. His oversight of marketing, customer care, technology, commercial and media services will be valuable to Equifax as we develop and market new technology-based products and services for consumers and businesses.”
Prior to assuming his current position in December 2010, Mr. Marcus was Senior Executive Vice President and Chief Financial Officer of TWC and in this position orchestrated the company’s spinoff from Time Warner Inc. in 2009, its move to a publicly traded company in 2007, and several key acquisitions and mergers that expanded its footprint and services.
Source: Equifax Press Release
