Michael Ryan Gorman — President & Chief Executive Officer of NRT LLC at Realogy Holdings

Mr. Michael Ryan Gorman is the Co-Founder and Lead Investor of btcRE LLC. Mr. Gorman has been the President and Chief Executive Officer of NRT LLC since January 2018 and served as its Chief Strategy & Operating Officer since September 13, 2016 until January 2018. He manages strategic operations for the nation's largest residential real estate brokerage, NRT LLC. In this post, he leads the btcRE 's overall strategic growth and competitive analysis functions and has operational responsibility for growing NRT's commercial, insurance, real estate owned (REO), property management and rental businesses, in addition to overseeing its mortgage, title and home warranty services partnerships. He served as its Senior Vice President of Strategic Operations at NRT LLC from May 2012 to September 13, 2016. Mr. Gorman served as the Corporate Senior Vice President and Head of Strategic Development for Realogy Corporation, NRT's parent company. He oversaw strategic development and merger and acquisition activities for Realogy and its four business units. Mr. Gorman was the driving force behind TRG's acquisition of Texas American Title Company, Cartus' acquisition of Primacy Relocation and NRT's acquisition of Coldwell Banker Preferred in Philadelphia. He had significant strategy work for Realogy's world-renowned brands and franchisees. He joined Realogy in 2004. Mr. Gorman served advisory and principal investment roles with PricewaterhouseCoopers (Transaction Services, Philadelphia, Pa.), Credit Suisse (CS First Boston's Technology Investment Banking Group, Palo Alto, Calif.), and The Blackstone Group (Blackstone Debt Advisors, New York City). He serves as Chairman of Advisory Board at btcRE LLC. He graduated with honors from the Wharton School of the University of Pennsylvania.