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Equifax names new chairman, CEO

Credit reporting giant Equifax named a new chairman and CEO on Wednesday to replace Thomas F. Chapman, who plans to retire at the end of this year.

Richard F. "Rick" Smith, the chief operating officer of General Electric Co.'s GE Insurance Solutions, will assume the CEO's post Sept. 19, Atlanta-based Equifax said in a news release. He will become chairman Jan. 1, 2006.

Smith, 45, was responsible for an insurance group that posted $10 billion in revenue and $50 billion in assets last year.

The announcement ends a nearly year-long search for a replacement to Chapman, who announced last August his intent to retire.

Chapman has been Equifax's chairman and CEO since 1999.

Equifax names new chairman, CEO | ajc.com

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