FrontDoor

Frontdoor Announces First-Quarter 2024 Revenue Increased 3% to $378 Million

Retrieved on: 
Thursday, May 2, 2024
Residential Building & Real Estate, Technology, Manufacturing, Construction & Property, Professional Services, Building Systems, HVAC, Apps, Applications, Retail, Insurance, Home Goods, Public expenditure, FrontDoor, Webcast, Tax, Capital expenditure, Cryptocurrency

Net cash used for financing activities was $21 million for the three months ended March 31, 2024 and was primarily comprised of $13 million (including taxes and fees) to repurchase 0.4 million shares and $4 million of scheduled debt payments.

Key Points: 
  • Net cash used for financing activities was $21 million for the three months ended March 31, 2024 and was primarily comprised of $13 million (including taxes and fees) to repurchase 0.4 million shares and $4 million of scheduled debt payments.
  • Free Cash Flow(1) was $73 million for the three months ended March 31, 2024.
  • Cash as of March 31, 2024 was $378 million and was comprised of $165 million of restricted net assets and $213 million of Unrestricted Cash.
  • Revenue of $530 million to $540 million, a 2% increase over the prior-year period.

Tim Haynes Appointed as RealManage's Chief Executive Officer

Retrieved on: 
Friday, March 29, 2024
CIO, Growth, ServiceMaster, SVP, JLL (company), JLL, Investment, FrontDoor, American Home Shield, Carnegie Mellon University, Management

Plano, Texas, March 29, 2024 (GLOBE NEWSWIRE) -- RealManage, one of the nation’s leading community association management companies, is excited to announce the appointment of Tim Haynes as its new Chief Executive Officer.

Key Points: 
  • Plano, Texas, March 29, 2024 (GLOBE NEWSWIRE) -- RealManage, one of the nation’s leading community association management companies, is excited to announce the appointment of Tim Haynes as its new Chief Executive Officer.
  • Mr. Haynes brings a wealth of experience in operations, client service, and technology to his new role as CEO.
  • He joined RealManage last February as the Chief Operating Officer and has since focused his attention on leading RealManage’s operations nationwide and delivering industry-leading service for over 3,000 community association clients.
  • Tim has proven himself to be an exceptional leader, and we all believe that this is the right time to make this transition."

Stitch Fix Announces Appointment of Lillian Reaume as Chief People Officer

Retrieved on: 
Wednesday, March 13, 2024
HR, Culture, Amazon, Digital, Alexa, SAN, Ford Motor Company, DNA, Clothing, Communication, Simmons Bedding Company, Mattel, FrontDoor, Stitch Fix, BlackBerry, Corporate communication, DEI, Management

SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced today that Lillian Reaume has joined the company as its Chief People Officer.

Key Points: 
  • SAN FRANCISCO, March 13, 2024 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced today that Lillian Reaume has joined the company as its Chief People Officer.
  • She reports to Matt Baer, CEO of Stitch Fix.
  • Prior to Stitch Fix, she held several HR leadership roles at Amazon, including Head of HR for the Alexa organization.
  • Chief Product and Technology Officer Tony Bacos joined the company in November of last year after serving as Chief Digital Officer at Frontdoor and Chief Product and Technology Officer at Amazon Fashion.

CHEMISTRY NAMED FINALIST FOR MULTIPLE INDUSTRY MEDIA AWARDS INCLUDING INDEPENDENT MEDIA AGENCY OF THE YEAR

Retrieved on: 
Monday, April 1, 2024
Partner, Growth, Goodby, Silverstein & Partners, Media, Partnership, Insurance, McDonald's, Apollo Global Management, PMG, Creativity, FrontDoor, Doritos, Georgia Power, PPG Industries, American Home Shield, Starcom

ATLANTA, April 1, 2024 /PRNewswire/ -- Independent full-service advertising agency Chemistry has been named a finalist for three Digiday Media Buying & Planning Awards as well as MediaPost's Planning & Buying Awards. This comes following a year of significant growth for Chemistry's media department, with the agency tripling its media revenue (+150M) in 2023.

Key Points: 
  • ATLANTA, April 1, 2024 /PRNewswire/ -- Independent full-service advertising agency Chemistry has been named a finalist for three Digiday Media Buying & Planning Awards as well as MediaPost's Planning & Buying Awards.
  • The Digiday Media Buying & Planning Awards highlight companies, campaigns, and technology that have been most successful in today's media landscape.
  • Chemistry is a finalist for Independent Media Agency of the Year, alongside finalists Apollo Partners, Known, Mediaplus, and PMG.
  • Chemistry is also a finalist for MediaPost's Planning & Buying Awards, which recognizes the creativity involved in the strategy, planning, and buying of media.

Frontdoor Announces Full-Year 2023 Revenue Increased 7% to $1.78 Billion

Retrieved on: 
Wednesday, February 28, 2024
Residential Building & Real Estate, Technology, Manufacturing, Construction & Property, Professional Services, Building Systems, HVAC, Apps, Applications, Retail, Insurance, Home Goods, Marketing, American Home Shield, Investment, Capital expenditure, FrontDoor, Weather, Webcast, Tax, Public expenditure, Cryptocurrency

Free Cash Flow(1) was $170 million for the 12 months ended December 31, 2023.

Key Points: 
  • Free Cash Flow(1) was $170 million for the 12 months ended December 31, 2023.
  • Cash as of December 31, 2023 was $325 million and was comprised of $157 million of restricted net assets and $168 million of Unrestricted Cash.
  • Revenue to grow approximately 2% to 3% to $1.81 billion to $1.84 billion.
  • Frontdoor has scheduled a conference call today, February 28, 2023, at 7:30 a.m. Central time (8:30 a.m. Eastern time).

Sena Kwawu Joins Cinch® Home Services as President, In-Home Services

Retrieved on: 
Tuesday, January 30, 2024
Senior, FrontDoor, School, Genworth Financial, Operation, Business school, VillageReach, Business administration, George Washington University, University, Business, Avista, MBA, Risk management, Starbucks, Management

BOCA RATON, Fla., Jan. 30, 2024 /PRNewswire/ -- Cinch Home Services (Cinch), one of the nation's leading providers of home service solutions, announces Sena Kwawu as its new President, In-Home Services.

Key Points: 
  • "Sena has an exceptional ability to shape enterprise strategy by placing customer needs and objectives at the forefront of every initiative he pursues," said Steve Upshaw, Chief Executive Officer of Cinch Home Services.
  • "With Sena's robust background and expertise in the home services space, coupled with his strategic operational insights and inspirational leadership, he will undoubtedly propel Cinch to new heights."
  • Kwawu noted, "I am honored to have the opportunity to join the exceptional leadership team at Cinch.
  • Before becoming part of the Cinch Home Services team, Kwawu held the position of Senior Vice President of Operations at Frontdoor, Inc.

FTC to Hold Virtual Informal Hearing in January 2024 as Part of its Review of the Proposed “Click to Cancel” Rulemaking

Retrieved on: 
Wednesday, January 3, 2024
Federal Trade Commission, Federal, Blog, Consumer protection, Cosmetics, International Franchise Association, News, Federal Register, Association, FTC, FrontDoor, Social media, Organization, Commission, NCTA, Security (finance), Register, Hearing, Interactivity

The Federal Trade Commission will hold a virtual informal hearing on January 16, 2024, on the proposed amendments to the Negative Option Rule.

Key Points: 
  • The Federal Trade Commission will hold a virtual informal hearing on January 16, 2024, on the proposed amendments to the Negative Option Rule.
  • The Federal Register notice states that these entities will be entitled to make oral presentations at the informal hearing on January 16, 2024.
  • The link to the hearing webcast will be posted shortly before the date of the event on the FTC’s website.
  • Follow the FTC on social media, read consumer alerts and the business blog, and sign up to get the latest FTC news and alerts.

Welcome the New Year with an American Home Shield Warranty, 30% Off Annual Plans

Retrieved on: 
Tuesday, December 26, 2023
Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, FrontDoor, American Home, American Home Shield

American Home Shield , a Frontdoor, Inc. (NASDAQ: FTDR) company and the nation’s leading provider of home warranty plans, is offering 30% off annual home warranty plans for new members from Dec. 27, 2023 through Jan. 1, 2024.

Key Points: 
  • American Home Shield , a Frontdoor, Inc. (NASDAQ: FTDR) company and the nation’s leading provider of home warranty plans, is offering 30% off annual home warranty plans for new members from Dec. 27, 2023 through Jan. 1, 2024.
  • “We know your home is your safe haven, where you create memories and embark on the greatest life journeys.
  • “Owning a home comes with stressors, and not ifs but when will things break down.
  • That’s why a home warranty is essential to keeping your home running smoothly, as well as providing budget protection,” Collins added.

Frontdoor Promotes Senior Executives to New Roles

Retrieved on: 
Monday, December 18, 2023
Residential Building & Real Estate, Retail, Home Goods, Construction & Property, Acquisition, Senior, American Home Shield, Ideation, SVP, Marketing, CMO, Growth, Management, FrontDoor

Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home service plans with approximately two million members, today announced the promotion of the following executives: Kathy Collins to Senior Vice President & Chief Revenue Officer, and Evan Iverson to SVP & Chief Operations Officer.

Key Points: 
  • Frontdoor, Inc. (NASDAQ: FTDR), the nation’s leading provider of home service plans with approximately two million members, today announced the promotion of the following executives: Kathy Collins to Senior Vice President & Chief Revenue Officer, and Evan Iverson to SVP & Chief Operations Officer.
  • “Jes and I already work very closely together and this change simply makes official what is already happening on a nearly day-to-day basis,” Collins said.
  • Collins joined Frontdoor, Inc. in June 2022 as CMO and was subsequently promoted this past June to Chief Brand Officer.
  • “He understands how to deliver a world class customer experience and he has been a key teammate, supporting most every project I have led at Frontdoor.

American Home Shield Black Friday Deal, 30% Off Annual Plans

Retrieved on: 
Wednesday, November 22, 2023
Residential Building & Real Estate, Construction & Property, Professional Services, Insurance, American Home Shield, Laughter, FrontDoor, American Home, Season

American Home Shield , a Frontdoor, Inc. (NASDAQ: FTDR) company and the nation’s leading provider of home service plans, is offering 30% off annual home service plans for new members from today through Monday, Nov.27, 2023.

Key Points: 
  • American Home Shield , a Frontdoor, Inc. (NASDAQ: FTDR) company and the nation’s leading provider of home service plans, is offering 30% off annual home service plans for new members from today through Monday, Nov.27, 2023.
  • “Black Friday always offers incredible savings and now is the perfect time to apply those savings to plans that protect your home,” said Kathy Collins, Frontdoor chief brand officer.
  • “The holiday seasons are meant for laughter and memories, not the stress of home systems and appliances breaking down.
  • For more information about how American Home Shield can help protect your budget from unplanned home expenses, please visit www.ahs.com , or for coverage details, including fees, limits, and limitations and exclusions, please visit www.ahs.com/contracts .