E. James Simon, Chairman and Chief Executive Officer has a record of leading successful service companies to continue on high growth trajectories and in turning around underperforming businesses. His expertise in general management, turnarounds, as well as global and cultural leadership issues, has led to his recruitment by preeminent companies in the financial services, real estate and relocation segments.
Jim served as President and CEO of GMAC Global Relocation Services, a subsidiary of General Motors Acceptance Corporation. Recruited for that role following five unintegrated acquisitions and 40% sales decline during the previous six months, he led the company through its turnaround to become one of the industry's leading global mobility providers. This was accomplished while pursuing an aggressive single branding strategy, the disciplined integration of the previous acquisitions and a targeted global expansion strategy.
Jim was Executive Vice President at PHH Relocation (a division of PHH Group, a Fortune 50 service organization), where he spent over fifteen years and which recruited him back to the company in a senior executive role. Upon the company's acquisition by Cendant Mobility (now Cartus), he was appointed Executive Vice President. His tenure at PHH Relocation included the long term management of some of the most prominent and demanding accounts in the mobility industry including IBM, GE, AT&T, Pepsi, and Johnson & Johnson.
As Vice President of Corporate Programs for PNC Mortgage (division of Pittsburgh National Bank), Jim built an organization that was credited with growing annual mortgage originations generated by company-sponsored employee benefit programs to register a more than sixteen-fold increase, to an annual $500+ million level.
Leading up to 1990, Jim was the head and Managing Director of Douglas Elliman, New York's largest residential real estate brokerage, where he reversed the failing performance of a troubled broker organization to deliver results that quickly facilitated the company's profitable sale. Jim began his career in the corporate trust department with the Chase Manhattan Bank in New York.
Jim holds an M.A. in Corporate & Political Communications from Fairfield University and a B.A. in Journalism from the University of South Carolina.
