Black Knight (BKI): Joseph Otting To Serve On Board Of Directors

By Noah Long ● June 9, 2020
  • Black Knight Inc (NYSE: BKI), a provider of integrated software, data, and analytics to the mortgage and real estate industries, announced it has named Joseph M. Otting for its board of directors

Black Knight Inc (NYSE: BKI), a provider of integrated software, data, and analytics to the mortgage and real estate industries, announced it has named Joseph M. Otting (former Comptroller of the Currency) to serve on the company’s Board of Directors.

“We are extremely proud to have Joseph serve on the Black Knight Board of Directors,” said Black Knight Chairman Bill Foley. “His extensive experience in both the financial services and government sectors will prove invaluable to Black Knight.”

In June 2017, Otting was nominated for the position of Comptroller of the Currency, confirmed by the U.S Senate, sworn in during November 2017, and served until May 29, 2020. And from January 2020 through April 2020, Otting served as Acting Director of the Federal Housing Finance Agency — which oversees the government-sponsored enterprises Freddie Mac and Fannie Mae.

Otting had served as President of CIT Bank and Co-President of CIT Group from August 2015 to December 2015. Before that, he was President, Chief Executive Officer, and a director of OneWest Bank, N.A. from October 2010 until August 2015 at which time OneWest Bank merged with CIT Group. Prior to joining OneWest Bank, Otting served as a vice chairman and head of the Commercial Banking Group for U.S. Bancorp.

Black Knight is committed to being a premier business partner that clients rely on to achieve their strategic goals, realize greater success, and better serve their customers by delivering high-quality software, services, and insights with a relentless commitment to excellence, innovation, integrity and leadership.

“Black Knight is an innovative company that offers a wealth of transformative technology and critical data to the mortgage industry,” explained Otting. “I have the greatest respect for Black Knight and the company’s CEO, Anthony Jabbour, whom I have known for more than a decade. I look forward to serving on the Board of Directors of such a forward-thinking organization.”