William P. Foley, IIChairman
William P. Foley, II
William P. Foley, II is Chairman of Cannae Holdings, Inc. Mr. Foley has experience as a board member and executive officer of public and private companies in a wide variety of industries and a strong track record of building and maintaining stockholder value and successfully negotiating and implementing mergers and acquisitions. Mr. Foley has driven favorable outcomes due to his operational expertise, disciplined industry consolidation and rapid execution on cost-reduction opportunities in connection with mergers and acquisitions.
Mr. Foley has over three decades of experience as a director and executive officer of Fidelity National Financial, or FNF (NYSE:FNF). FNF is a leading provider of title insurance, technology and transaction services to the real estate and mortgage industries. Under Mr. Foley’s leadership, FNF has become the nation’s largest title insurance company through its title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York – that collectively issue more title insurance policies than any other title company in the United States. FNF also provides industry-leading mortgage services through its majority-owned subsidiary, ServiceLink Holdings, LLC. Mr. Foley has served as the Chairman (and at times, Executive Chairman) of FNF since 1984. Mr. Foley served as FNF’s Chief Executive Officer from 1984 to 2007.
In addition to his experience at FNF, from 2006 to 2011 Mr. Foley served as Executive Chairman of Fidelity National Information Services, Inc., or FIS (NYSE:FIS), served as FIS’s non-executive Chairman from 2011 to 2012 and has served as FIS’s Vice Chairman from 2012 through 2016. Under Mr. Foley’s leadership, FIS has become a global leader in financial services technology, with a focus on retail and institutional banking, payments, asset and wealth management, risk and compliance, consulting, and outsourcing solutions. Through the depth and breadth of its solutions portfolio, global capabilities and domain expertise, FIS serves more than 20,000 clients in over 130 countries.
Mr. Foley has also served as Executive Chairman of Black Knight Financial Services, Inc., or Black Knight (NYSE:BKFS), since January 2014. Black Knight is a leading provider of integrated technology, workflow automation, data and analytics to the mortgage and real estate industries. Additionally, Mr. Foley has served as Co-Executive Chairman of CF Corporation, a blank-check company with over $1.1 billion of committed equity capital, since April 2016. CF Corporation announced the acquisition of Fidelity & Guaranty Life, a leading provider of fixed indexed annuities and life insurance, on May 24, 2017.
Mr. Foley is the founder and Chairman, CEO and President of Foley Family Wines Holdings, Inc., which has grown to become a major producer, marketer and distributor of highly-acclaimed, handmade wines from some of the world’s greatest vineyards. From 2007 to 2014, Mr. Foley also served as Chairman of Remy International, Inc., a leading global manufacturer, remanufacturer, and distributor of alternators, starter motors, and electric traction motors for the automotive and commercial vehicle industry.
Mr. Foley devotes time to many educational and community organizations. He serves as an advisory board member for the University of Washington School of Law and on the Florida Forum Advisory Board for the Women’s Board of Wolfson Children’s Hospital. Mr. Foley and his wife are active philanthropists for many causes, especially in support of children’s education. Mr. Foley serves as a trustee on the boards of the Folded Flag Foundation, the Jacksonville Chamber of Commerce and the Cummer Museum of Arts and Gardens.
After receiving his B.S. degree in engineering from the United States Military Academy at West Point, Mr. Foley served in the U.S. Air Force, where he attained the rank of captain. Mr. Foley received an M.B.A. degree from Seattle University and earned a J.D. degree from the University of Washington School of Law. In February 2016, Mr. Foley received the Distinguished Graduate Award from the United States Military Academy at West Point based on his character, distinguished service, and stature drawing wholesome comparison to the qualities for which West Point strives, in keeping with its motto: “Duty, Honor, Country.” Mr. Foley is one of only 121 West Point graduates who have received this prestigious award.
Richard N. MasseyChief Executive Officer
Richard N. Massey
Chief Executive OfficerRick Massey serves as the Chief Executive Officer of Cannae Holdings, Inc. and on the Cannae Holdings board of directors. Most recently Mr. Massey was a partner of Westrock Capital Partners and Bear State Advisors, both multifamily investment offices. Mr. Massey was Chief Strategy Officer and General Counsel of Alltel Corporation from January 2006 to January 2009, the fifth-largest wireless carrier in the United States, before being sold for approximately $29 billion in 2009. Previously, from 2000 until 2006, Mr. Massey served as Managing Director of Stephens Inc., a private investment bank, during which time his financial advisory practice focused on software and information technology companies. Mr. Massey also serves as a director of the Dun & Bradstreet Corporation, and Alight, Inc., which are Cannae portfolio companies. Mr. Massey formerly served as a director of Fidelity National Financial, Inc., Black Knight, Inc., Fidelity National Information Systems, and FGL Holdings. He is also a director of the Oxford American Literary Project and Chairman of the Board of the Arkansas Razorback Foundation.
David W. DucommunPresident
David W. Ducommun
PresidentDavid Ducommun has served as our President since January 2021, as Executive Vice President of Corporate Finance since August 2020, and served as our Senior Vice President of Corporate Finance of Cannae from November 2017 until December 2020. Mr. Ducommun has served as President of our portfolio companies Austerlitz Acquisition Corporation I and Austerlitz Acquisition Corporation II since January 2021.
Mr. Ducommun served as Senior Vice President of Mergers and Acquisitions of Fidelity National Financial, or FNF from 2011 until November 2019. He also served as Secretary of FGL Holdings from April 2016 until December 2017. Prior to joining FNF, Mr. Ducommun served as Director of Investment Banking at Bank of America Corporation, since 2008. Before Bank of America Corporation, Mr. Ducommun was an investment banker at Bear Stearns.
Bryan D. CoyChief Financial Officer
Bryan D. Coy
Chief Financial Officer
In his role, Mr. Coy is responsible for financial reporting and planning, and investor relations oversight for Cannae and its operating subsidiaries.
From 2017 to 2021, Mr. Coy was the Chief Financial Officer for Black Knight Sports which includes the Vegas Golden Knights of the National Hockey League, the Henderson Silver Knights of the American Hockey League and the related arenas. Prior to joining Black Knight Sports, Mr. Coy served as the Chief Accounting Officer of Interblock Gaming, a European-based developer and manufacturer of electronic table games until 2017. Previously, Mr. Coy was the Chief Financial Officer of Aruze Gaming America, Inc. from 2010 to 2015 after posts as the Director of Financial Reporting at Fontainebleau Resorts and as the Chief Financial Officer of Shuffle Master, Inc. - Americas. Mr. Coy has also served as Vice President of Finance at Sunterra Resorts and Vice President of Finance at eSchool Solutions. Mr. Coy began his career at Deloitte & Touche in Dayton, Ohio and Orlando, Florida.
Mr. Coy serves on the Board of Directors of Opportunity Village, a not-for-profit organization serving adults in the Southern Nevada community with intellectual and related disabilities.
Michael L. GravelleEVP, General Counsel & Corporate Secretary
Michael L. Gravelle
EVP, General Counsel & Corporate SecretaryMike Gravelle has served as Executive Vice President, General Counsel, and Corporate Secretary of Cannae since April 2017. Mr. Gravelle also serves as General Counsel and Corporate Secretary of our portfolio companies Austerlitz Acquisition Corporation I and Austerlitz Acquisition Corporation II since January 2021.
Mr. Gravelle has served as Executive Vice President, General Counsel, and Corporate Secretary of Fidelity National Financial, or FNF, since January 2010, having joined a subsidiary of FNF in 1993. Mr. Gravelle has also served as Executive Vice President and General Counsel of Black Knight, Inc. and its predecessors since January 2014. He served as Executive Vice President, Chief Legal Officer, and Corporate Secretary of Fidelity National Information Services from February 2010 until February 2013, and Senior Vice President, General Counsel, and Corporate Secretary of Remy from February 2013 until March 2015.
Ryan R. CaswellSVP, Corporate Finance
Ryan R. Caswell
SVP, Corporate FinanceMr. Caswell serves as Senior Vice President of Corporate Finance and is also a Managing Director of Trasimene Capital. Mr. Caswell has over 15 years of relevant investment and corporate finance experience across a wide variety of industries and transaction types. Previously, Mr. Caswell was a Managing Director in the Financial Institutions Group at BofA Securities where he executed advisory and capital raising transactions. Before BofA Securities, Mr. Caswell was an investment banker at Bear Stearns.