Alan Jaffa Named CEO of Safeguard Properties
Alan Jaffa named CEO of Safeguard Properties?
Robert Klein, the founder and CEO of Safeguard Properties, is handing off the top job to Chief Operating Officer Alan Jaffa.
In an announcement today, Safeguard said that Klein immediately will become chairman of the company’s board. He will continue to lead growth efforts within the company and will represent Safeguard by working with investors, insurers and trade groups.
Safeguard is a privately held company that inspects and maintains defaulted and foreclosed properties for banks, mortgage servicers and other financial institutions. The company, based in Valley View, employs 800 people and is the largest privately held mortgage field services company in the United States.
Klein started the company in 1990. Jaffa joined Safeguard in 1995. He became a company vice president in 1999 and was promoted to the chief operating officer role in 2002. As chief executive officer, Jaffa will maintain Safeguard as a privately held family business, Klein said in a statement.
“Alan has been directly responsible for managing the operations and leading the positive change within the organization for some time now and has been influential in Safeguard’s growth,” Klein said. “As we prepare for the 20th anniversary of our founding in May, it is important to formalize Alan’s role as CEO to reflect the leadership he has already earned and demonstrated.”
Jaffa grew up in Brooklyn, New York, and lives in Beachwood.
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About Safeguard
Safeguard Properties is the largest privately held field services company in the country. Located in Cleveland, Ohio and founded in 1990 by Robert Klein, Safeguard has grown from a regional preservation company with a few employees and a handful of contractors performing services in the Midwest, to a national company with over 700 employees. Safeguard is supported by a nationwide network of subcontractors able to perform any requested superintendence, preservation, and maintenance functions, as well as numerous ancillary services in the U.S., the Virgin Islands, and Puerto Rico.