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Franchising and brokerage giant Anywhere announced this week that it is expanding its board from 12 to 13 people via the addition of Joseph Lenz.
Lenz currently serves as a managing director and co-head of research of credit solutions at asset management firm TPG Angelo Gordon. A statement from Anywhere says Lenz has “extensive advisory and investing experience, including helping guide companies’ investments across capital structure and navigating investor and legal affairs.”
Anywhere CEO Ryan Schneider said in the statement Lenz’ “experience will complement our highly regarded board.”
“As a managing director of TPG Angelo Gordon, a top stockholder, he will bring an important shareholder perspective,” Schneider added. “I look forward to the insights Joe will bring as we execute the Anywhere strategy to deliver results and drive growth.”
Lenz previously served on the board of Northern Oil and Gas and is a current board member for SECURE Energy. He graduated from the University of Pennsylvania in 2010 and previously worked at Morgan Stanley.
Additionally, Lenz has real estate in his blood; he’s the son of famed New York City real estate agent Dolly Lenz.
Michael J. Williams, chair of Anywhere’s board, expressed excitement about Lenz’s arrival at the company.
“Anywhere is committed to maintaining a high-caliber and diverse board, and we are confident we will benefit from Joe’s notable business experience,” Williams said. “We are thankful for the continued support of TPG Angelo Gordon, and we look forward to working with Joe upon his joining the board as we continue to guide and support the Anywhere leadership team.”