Minneapolis, Minn. (April 13, 2016) – HomeServices of America, a Berkshire Hathaway affiliate, today announced that Mary Lee Blaylock, senior vice president and general manager of Berkshire Hathaway HomeServices California Properties, has been promoted to president and chief executive officer. David Cabot, former president and CEO, has been named chairman. These changes are effective immediately.
As president and CEO, Blaylock will set the strategy and direct operations for Berkshire Hathaway HomeServices California Properties and will oversee all aspects of Berkshire Hathaway HomeServices California Properties’ affiliated businesses, including HomeServices Lending, Pickford Escrow, The Escrow Firm, California Title and Home Services Insurance Agency. “We have a team of immensely talented agents, sales managers and employees,” said Blaylock, president and CEO of Berkshire Hathaway HomeServices California Properties . “I look forward to leading Berkshire Hathaway HomeServices California Properties to its next stage of growth and performance, supported by our world class management team.”
“Mary Lee is extraordinarily well-qualified to serve as president and CEO,” said Cabot, chairman of Berkshire Hathaway HomeServices California Properties . “Under her leadership, coupled with our remarkable agents and management team, Berkshire Hathaway HomeServices California Properties is poised for even greater growth and success.”
Blaylock has served as senior vice president and general manager of Berkshire Hathaway HomeServices California Properties since 2014 where she has provided strategic leadership and direction to the company’s 60 sales offices and more than 3,000 agents and has played an active role in growing the companies’ mortgage, title and escrow and insurance businesses.
As chairman, Cabot will support the strategic growth initiatives of the organization as well as representing the company at the state, local and national levels of the real estate industry associations.
Cabot has served as president and CEO of Berkshire Hathaway HomeServices California Properties since 2011 and under his leadership, Berkshire Hathaway HomeServices California Properties has consistently ranked within the top tier of the Berkshire Hathaway HomeServices franchise network. Cabot previously served as executive vice president and corporate broker for the former Prudential California Realty, where he focused on regional and branch management and supervision. Cabot, a long-time resident of the area, is widely recognized for his community involvement and leadership and serves as the Berkshire Hathaway HomeServices California Properties’ Board of Director’s representative to both the California Area Realtors (CAR) and the National Association of Realtors (NAR).
“David’s leadership helped guide Berkshire Hathaway HomeServices California Properties to become a prominent real estate company,” said Robert Moline, CEO of HomeServices’ brokerage division. “And we look forward to David’s continued contributions to Berkshire Hathaway HomeServices California Properties as chairman. Mary Lee is an experienced, strategic and charismatic leader and we look forward to working with her in the months and years to come.”