Alan Jaffa Named CEO of Safeguard Properties
Safeguard Properties names Alan Jaffa CEO
Safeguard Properties in Valley View has named a new CEO.
Alan Jaffa, the former chief operating officer, is taking over the role. Founder and former CEO Robert Klein will become the chairman of the company’s board.
Safeguard, which employs more than 800 people in this area, inspects and maintains properties that are in foreclosure. It will continue as a privately held, family owned enterprise under Mr. Jaffa’s leadership, the company said. Mr. Jaffa is Mr. Klein’s son-in-law.
Since Mr. Jaffa took over as COO in 2002, the company’s revenues have grown more than 500%, Safeguard said. Spokeswoman Diane Fusco said Mr. Jaffa essentially had been doing the CEO job for some time; he started at the company when it had fewer than 50 employees and has grown up with it, she said.
Ms. Fusco said the company’s 20th anniversary, which takes place this month, was a good opportunity for the change to be made.
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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.