LandAmerica - Number One in the Mortgage Services Industry
March 4, 2008
LandAmerica - Number One in the Mortgage Services Industry on Fortune's List of America's Most Admired Companies
RICHMOND, Va., March 4 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. (NYSE: LFG), a leading provider of real estate transaction services, has been recognized as the Most Admired Company in the mortgage services industry on Fortune magazine's 2008 list of America's Most Admired Companies. This is the second year in a row in which LandAmerica holds the first place position for the mortgage services industry, and the company has been recognized as Most Admired in four out of the last five years.
According to Fortune, the Most Admired list is "the definitive report card on corporate reputations." The list is the result of surveying more than 3,700 executives, directors and security analysts. Within 64 industry categories, companies were ranked on eight criteria, from investment value to social responsibility.
"I am proud of this designation as it honors our commitment to being a principled company delivering superior service to our customers. Our employees live and lead LandAmerica's Guiding Principles, which are the foundation for our service-based offerings. We appreciate the external validation that LandAmerica is the most admired company in our industry. This is especially meaningful after a year in which the economic environment challenged us to act with integrity, respect and teamwork every day," said Chairman and Chief Executive Officer Theodore L. Chandler, Jr.
The list and related stories will appear in the March 17 issue of Fortune and can be found online at http://money.cnn.com/.
Source: LandAmerica Financial Group, Inc.