As chief financial officer, Charlotte Simonelli has led Realogy’s financial progress by contributing to the company’s overall transformation journey as it continues to lead into the future. She has contributed to the company’s strategic goals by simplifying and optimizing processes while making strides on the balance sheet and investing in the future of the business.
Under Simonelli’s strategic leadership, Realogy has improved its balance sheet and strengthened its financial profile. Since the end of 2019, Realogy reduced net debt by $875 million. The company continues to make progress on capital structure with a lower net leverage at 2.3 times, which is down from 5.2 times at the end of 2019. Realogy exited the third quarter in 2021 with about $700 million cash, even after deploying $435 million in September to repay near-term debt. This progress has been recognized by the rating agencies with up-grades over the past year.
Name:
Charlotte Simonelli
Title:
Chief Financial Officer
Company Name:
Realogy
