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Former Comptroller of the Currency, Joseph Otting, Joins Black Knight Board of Directors

Date: Jun 08, 2020 @ 09:20 AM

Black Knight, Inc. (NYSE:BKI) a leading provider of integrated software, data and analytics to the mortgage and real estate industries, announced today that Joseph M. Otting, former Comptroller of the Currency, has been elected 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."

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

Otting served as President of CIT Bank and Co-President of CIT Group from August 2015 to December 2015. Prior to this, 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. Before joining OneWest Bank, Otting served as a vice chairman and head of the Commercial Banking Group for U.S. Bancorp.

"Black Knight is an innovative company that offers a wealth of transformative technology and critical data to the mortgage industry," said 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."

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