First American Title Insurance Company has announced the retirement of James Orphanides as chairman, CEO and president of its subsidiary, First American Title Insurance Company of New York.

Mr Orphanides, who joined First American in 1992, will continue to work for the New York subsidiary under a consulting agreement and also will serve as the company’s chairman emeritus.

Steven Napolitano has been appointed to succeed Mr Orphanides as chairman, CEO and president of First American’s New York subsidiary. In addition, he has been named New York division president for First American Title Insurance Company.

Mr Napolitano has been with First American’s New York subsidiary since 1988 and has been actively involved in company’s strategic planning and marketing initiatives. Most recently, he served as senior executive vice president with oversight of the company’s sales and business development efforts. He also is a member of the company’s board of directors.

Curt Johnson, president of First American Title Insurance Company, said: Jim is a well-known and respected leader who has been a major influence on the title industry, not only in New York, but throughout the country. His insight and industry experience were major contributors to the formation and success of our company’s national commercial services division.